Looking for a beachside investment that practically pays for itself? This fully furnished one-bedroom, one-bath condo in the popular Gulf Terrace community is priced at $238,500 and is a proven income generator, bringing in roughly $35,000 in gross rental income in 2024. Best of all, this condo is exempt from costly milestone inspections, making it a hassle-free option for investors and vacation homeowners alike.Inside, the 780 sq. ft. unit feels spacious and inviting, with tile flooring, crown molding, and an open layout that comfortably sleeps up to six guests thanks to a king bed in the primary bedroom and a queen sleeper sofa in the living room. The kitchen includes everything you need for short or long-term stays, while the dining area and breakfast bar make it easy to entertain. Sliding doors lead to a generous covered patio with serene views of the spring-fed lake. It’s the perfect spot for morning coffee or evening cocktails.Gulf Terrace spans 26 beautifully landscaped acres and offers plenty of resort-style amenities, including three pools, two tennis courts, picnic areas, and gated security. Residents and guests enjoy easy access to Destin’s best attractions, from world-class dining to sugar-white beaches and shopping at Destin Commons. Whether you’re searching for a profitable short-term rental, a personal vacation retreat, or even a cozy primary residence, Gulf Terrace Unit 131 is a rare find that checks all the boxes. Its combination of location, amenities, and rental history make it a standout opportunity in Destin’s market.Schedule your private tour today and see why this turnkey condo is one of the smartest buys in town!
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Cozy 2BR lakeview home in Milford for $218K! Hickory floor, large deck & Crescent Lake access. Year-round retreat. Minutes to town, Pocono resorts & waterfalls.
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