$227,000
$230,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
982 SqFt
SOLD DATE : 03/17/2025
Key Details
Sold Price $227,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 982 sqft
Price per Sqft $231
Subdivision Gulf Terrace Condo
MLS Listing ID 947941
Sold Date 03/17/25
Bedrooms 2
Full Baths 1
Construction Status Construction Complete
HOA Fees $630/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $2,163
Tax Year 2023
Property Sub-Type Condominium
Property Description
Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem. Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs.
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Guest Accommodations BBQ Pit/Grill,Community Room,Dumpster,Fishing,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Exterior
Exterior Feature Patio Covered
Pool Community
Community Features BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Lake,Unit Waterfront
View Lake
Private Pool Yes
Building
Water Lake, Unit Waterfront
Structure Type Block,Frame,Roof Flat,Roof Metal,Siding Vinyl
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Legal,Management,Security,Sewer,Trash,TV Cable,Water
Assessment Amount $630
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,Other
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Bought with The Property Group 850 Inc