
Off Market



4000 Gulf Terrace Dr Unit 210, Destin, FL, 32541
Investment at a glance
Annual Revenue
$38K
Gross Yield
15.3%
Occupancy
6410%
Cap Rate
9.2%
Gulf Terrace Condo 2 bedroom in Destin 0.8 miles to the beach. Pet Friendly Community, No Flood Zone, NO RENTAL RESTRICTIONS! Stainless steel appliances and in-unit laundry, making it ideal for full-time living, a second home, or a rental property. Large private balcony. Unit is located upstairs. Currently rented long term at $2500/ month. Community Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA $720/ month Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner.
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