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 16 166 $252,250 $344,900 $199,900 $282 $351 $247
Sold (Last Year) 12 417 $191,875 $235,500 $107,000 $226 $298 $109

Last Year Sales By Month

Highest Sales by Month

May 2025 - 4000 Gulf Terrace Drive Unit 217, Destin, FL
Sold
4000 Gulf Terrace Drive Unit 217, Destin
This adorable condo would make the perfect beach getaway, and it is in the heart of Destin. This condo has recently been updated and is rental ready. This is also a dog friendly condo community which makes it easy to bring your fur loved ones on your...

Condominium

1 Bed
1 Bath
900 SqFt
View Details
Jun 2025 - 4000 Gulf Terrace Drive Unit 296, Destin, FL
Sold
4000 Gulf Terrace Drive Unit 296, Destin
Situated in the highly desirable 4000 Gulf Terrace community, this fully furnished condo features 1 bedroom, a bonus room with a futon, and 2 bathrooms—an ideal opportunity for your short or long term rental portfolio. Located in a gated community, guests...

Condominium

1 Bed
2 Baths
738 SqFt
View Details
Jul 2025 - 4000 Gulf Terrace Drive 274, Destin, FL
Sold
4000 Gulf Terrace Drive 274, Destin
Affordable Destin condo with low HOA and central location. An ideal project for buyers looking to renovate, with pricing that reflects the work needed. One of the few properties where all rental types are allowed and pets. Primary residence or investment...

Condominium

1 Bed
1 Bath
738 SqFt
View Details
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

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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