52
Map
$874,900
↓ $24K (2.7%)
●
House -
For Sale
110 Terra Cotta Way
Destin, FL 32541
3 Beds
3 Baths,
1
Half Bath
2,068 Ft²
$4,296
Est. Monthly
About This Property
Coastal living meets investment potential in this stunning 3-story
home offering 2,068 square feet, 3 bedrooms, and 3.5 bathrooms on a
desirable corner lot less than 1/4 mile from the beach. Designed
for both relaxation and entertaining, the home features a beautiful
paver patio with a seating area perfect for enjoying coastal
evenings. Residents enjoy access to a community pool, tennis
courts, and deeded beach access, while the spacious layout, 1-car
garage, and prime location make this owner-occupied property an
excellent opportunity for a future short-term rental or vacation
getaway.
Unit Size
2,068 Ft²
Days on Market
141 days
Land Size
-
Price per sqft
$423
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (ECAR #1004129)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$874,900
↓ $24K
(2.7%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by EXP Realty LLC | $899,000 | |
| Listed by EXP Realty LLC | |||
| Apr 16, 2025 | Listed | $885,000 | |
| Listed | |||
| | |||
|
Investors - Bring Offers! This 3 bedroom, 3 1/2 bathroom house offers over 2,000 square feet of living space on a cul-de-sac lot less than 1/4 mile from the beach. This property presents an opportunity to enjoy the benefits of coastal living while taking advantage of the potential for short-term rental income. Previous years' income between $70k - $90k.
The interior features high-end finishes, including granite countertops and stainless steel appliances, as well as custom lighting throughout. The home also boasts a breakfast bar, open living area and owners closet, offering ample storage and living space. The covered balconies provide a tranquil outdoor setting, and the community amenities include a pool and tennis courts, ideal for an active lifestyle. Home Warranty Offered.
| |||
| Oct 19, 2022 | No longer available | - | |
| No longer available | |||
| Sep 21, 2022 | Price Decreased |
$999,900
↓ $65K
(6.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Pantry, Ceiling Crwn Molding, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Smoke Detector, Stove/Oven Electric, Warranty Provided
Flooring Type: Vinyl
Rooms: 9
Exterior Details
Square Footage: 2068
Property Condition: Renovated, Construction Complete
Architectural Style: Florida Cottage
Year Built: 1995
Building Area Total: 2068
Window Features: Window Treatment All
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Patio, Porch
Lot Features: Corner Lot, Cul-De-Sac
Lot Size Units: Acres
Lot Size Dimensions: 109x58x91x12x34x18
Water Source: Public
Financial Details
Tax Assessed Value: $226
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump Air To Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Ground Keeping
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Terra Cotta Terrace
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Listed by: Hiller Group, EXP Realty LLC
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1004129
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1004129
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