INVESTMENT OPPORTUNITY! This one bed, one bath condo is looking for the right buyer to fix it up to their standards. The porch has been closed in on this unit, adding more square footage from the original floorpan. Several updates done but much work still to be completed. Gulf Terrace has a great central location in Destin, close to the beach, the Destin Executive Airport and plenty of dining and shopping. Long term and short term rentals are allowed here making it an amazing opportunity for someone looking to maximize their profit on a rental property. Kitchen has nice countertops and backsplash but will need appliances. Laminate flooring through-out in good condition and extra boards are stored in the master closet. There is also extra tile from the backsplash available to use in the bathroom if desired. The stackable washer and dryer is in great condition in the laundry closet, the AC unit is fairly new and a warranty on it that is good through 2026 is available to transfer for $50. All located in the heart of Destin in Gulf Terrace which offers 3 pools, 2 tennis courts, fishing lake, along with boat and RV parking.
AppliancesDisposal, Microwave, Smoke Detector, Stove/Oven Electric
Total Bedrooms:1
Full Bathrooms:1
Other Interior FeaturesBreakfast Bar, Floor Laminate, Furnished - None, Needs Work, Washer/Dryer Hookup, Window Treatmnt Some
Area & Lot
Living area738 Sq.Ft.
MLS® ID912778
Year Built1973
High SchoolDestin
Middle SchoolDestin
Elementary SchoolDestin
Architecture StylesN/A
TypeCondo
StatusSold
Exterior
Stories2
PoolPool Type
Air conditioningCeiling Fan(s), Central Air
Other Exterior FeaturesBBQ Pit/Grill
UtilitiesElectric, Phone, Public Sewer, Public Water, TV Cable
Finance
Sales Price$179,000
HOA Fees$481 monthly
Real Estate Tax$1,278 yearly
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