Gulf Terrace Condominiums

Address: 4000 Gulf Terrace Drive, Destin, Florida 32541

Gulf Terrace condominiums offer affordable living in Destin, but with all the perks. This is a gated community with 3 swimming pools, tennis courts, BBQ grill, picnic area and a lake for fishing and kayaking. Destin shops, restaurants and the Gulf of Mexico are all just a short walk away. Gulf Terrace condos are ideal for a seasonal home, or those seeking an investment property that can be rented, year after year.

View available listings in Gulf Terrace, or browse condos in other Destin properties. Our property listings are updated throughout the day, so you're always seeing the most current inventory on the market.

Gulf Terrace Condo Listings

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Gulf Terrace Condo Listings - Market Stats

Gulf Terrace Condos sales data is provided by the Emerald Coast Association of Realtors and reflects 12 months of sales data.

  # Listings Avg. DOM Avg. Price Highest Price Lowest Price Avg. Price/SqFt Highest Price/SqFt Lowest Price/SqFt
Active 21 148 $245,995 $344,900 $185,000 $277 $359 $234
Sold (Last Year) 22 225 $208,977 $248,000 $107,000 $256 $336 $109

Last Year Sales By Month

Highest Sales by Month

Sep 2025 - 4000 Gulf Terrace Drive 2001, Destin, FL
Sold
4000 Gulf Terrace Drive 2001, Destin
Priced Dropped! Unbeatable Location! Remodeled 1 BR 1 BA condo located on the second floor, balcony, washer/dryer hookups with low HOA. It can be used as primary residence or investment property. Complex allows STR and LTR. Gulf Terrace Complex is a very...

Condominium

1 Bed
1 Bath
738 SqFt
View Details
Nov 2025 - 4000 Gulf Terrace Drive 112, Destin, FL
Sold
4000 Gulf Terrace Drive 112, Destin
Prime Investment Opportunity: Destin 2BR 1BA Condominium. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. Though it requires upgrades, this unit promises great...

Condominium

2 Beds
1 Bath
982 SqFt
View Details
Jan 2026 - 4000 Gulf Terrace Drive 2007, Destin, FL
Sold
4000 Gulf Terrace Drive 2007, Destin
Black Friday Deal!! Huge Price Reduction AND Seller offering up to $10,000 in closing costs. Whether you're looking for a smart investment or a personal beach retreat, this well-maintained 2-bedroom, 2-bath condo in the heart of Destin checks all the...

Condominium

2 Beds
2 Baths
1,100 SqFt
View Details
Apr 2026 - 4000 Gulf Terrace Drive 257, Destin, FL
Sold
4000 Gulf Terrace Drive 257, Destin
Welcome to Gulf Terrace! This charming condo offers the perfect blend of comfort, convenience, and investment potential. Located less than a mile from Big Kahuna's Water Park, this property is ideal for a vacation home, rental, or primary residence. Enjoy...

Condominium

2 Beds
1 Bath
982 SqFt
View Details
May 2026 - 4000 Gulf Terrace Drive 286, Destin, FL
Sold
4000 Gulf Terrace Drive 286, Destin
Highly motivated seller -- bring your offers! High-performing 1 bed, 1 bath condominium in Destin, Florida generating a consistant and profitable annual rental income for the past 4 years. This unit consistently outperforms comparable properties in the...

Condominium

1 Bed
1 Bath
830 SqFt
View Details
Jun 2026 - 4000 Gulf Terrace Drive 1000, Destin, FL
Sold
4000 Gulf Terrace Drive 1000, Destin
Priced to sell! Destin condo, the perfect turnkey vacation retreat, located just 0.9 miles to the stunning Gulf beaches. Fully furnished and ready for your guests arrival, this two-bedroom, one-bathroom getaway features an open and airy kitchen, ideal for...

Condominium

2 Beds
1 Bath
982 SqFt
View Details
Jul 2026 - 4000 Gulf Terrace Drive 235, Destin, FL
Sold
4000 Gulf Terrace Drive 235, Destin
Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely remodeled European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new...

Condominium

1 Bed
1 Bath
738 SqFt
View Details
Aug 2026 - 4000 Gulf Terrace Drive 285, Destin, FL
Sold
4000 Gulf Terrace Drive 285, Destin
Lake front! This freshly updated condo offers a comfortable and move-in-ready space with practical upgrades throughout overlooking Quail Lake. Inside, you'll find an open layout with new luxury vinyl plank flooring for a clean, modern feel. The kitchen...

Condominium

1 Bed
1 Bath
738 SqFt
View Details
Sep 2026 - 4000 Gulf Terrace Drive 130, Destin, FL
Sold
4000 Gulf Terrace Drive 130, Destin
Active Airbnb Condo! PORTFOLIO SALE - INDIVIDUAL UNIT PRICE ALLOCATED FOR MLS/COMP PURPOSES. Condo was sold as part of an 8-unit portfolio package transaction. The individual sales price shown reflects the allocated price for this unit within the portfolio...

Condominium

2 Beds
1 Bath
738 SqFt
View Details

Gulf Terrace Condo Layout

Other Destin Condos

In addition to Gulf Terrace Condos, there are many other Destin lowrise condominiums for sale. Just click on the appropriate unit below to search buildings by various property types, or browse among other lowrise condos in Destin.

Contact Tim Shepard and the Destin Real Estate for more information about buying a Gulf Terrace condo, or other Destin property. We'd love to take you on a tour of the area to find the best building for your needs. Call (850) 325-0004 .

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