Check Availability
$1,319,000
↓ $30K (2.2%)
● House - For Sale

48 Terra Cotta Way

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,240 Ft²
$7,585
Est. Monthly

About This Property

Welcome to coastal living at its best! This charming home is located in the highly sought-after Terra Cotta Terrace community, just steps from the sugar-white sands and emerald waters of the Gulf. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property delivers the perfect blend of comfort, convenience, and beachside lifestyle.
Inside, you'll find a spacious layout designed for gathering and relaxing, with multiple living spaces ideal for family and friends. The primary suite offers a private retreat complete with a cozy gas fireplace and access to a balcony, the perfect spot to enjoy morning coffee or evening breezes. The third-floor bedroom doubles as a fun entertainment space, featuring plenty of room for guests and a selection of games that make it a favorite hangout for kids and adults alike. Front and back balconies extend the living space outdoors, giving you multiple vantage points to soak up the coastal air.
As a resident of Terra Cotta Terrace, you'll have access to wonderful community amenities including a private deeded beach access, swimming pool, tennis courts, and sand volleyball. The neighborhood is golf cart-friendly, making beach runs and exploring the area a breeze.
The location is unbeatable just a short stroll or quick ride to the Gulf, and minutes from some of Destin's best dining, shopping, and entertainment. From fresh seafood at beachfront restaurants to family fun at Destin Commons, Henderson Beach State Park, and world-class golf courses, everything you love about the Emerald Coast is right at your fingertips.
Unit Size
3,240 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$407
Property Type
House
Property Taxes
$1,108
HOA Dues
-
Year Built
1993

Listed By

Chip Jervis
Destin Legacy Real Estate Llc

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Last updated: 4 days ago (ECAR #1011036)

Price History

Date / Event Date Event Price
Oct 2, 2026 Price Decreased $1,319,000
↓ $30K (2.2%)
Price Decreased
Sep 19, 2026 Price Decreased $1,349,000
↓ $30K (2.2%)
Price Decreased
Sep 1, 2026 Listed by Destin Legacy Real Estate Llc $1,379,000
Listed by Destin Legacy Real Estate Llc
Jul 18, 2026 Price Decreased $1,429,000
↓ $10K (0.7%)
Price Decreased
Jun 13, 2026 Price Decreased $1,439,000
↓ $5K (0.4%)
Price Decreased
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Property Highlights

Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Oversized, See Remarks
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Ceiling Raised, Fireplace 2+, Lighting Recessed, Washer/Dryer Hookup, Woodwork Painted
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Water Heater, Auto Garage Door Opn, Smoke Detector, Stove/Oven Electric
Flooring Type: Hardwood, Floor Tile
Rooms: 14
Exterior Details
Square Footage: 3240
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 1993
Building Area Total: 3240
Window Features: Double Pane Windows, Window Treatment All
Construction Materials: Stucco
Patio and Porch Features: Covered
Pool Features: Pool Type
Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Lot Size Dimensions: 50x97
Water Source: Public
Financial Details
Tax Assessed Value: $199
Tax Annual Amount: $13,301
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Accounting, Ground Keeping, Land Recreation, Management

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 630
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,894
  • Total Building Area: 4,990
  • Gross Building Area: 4,990
  • Building Area: 3,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRA COTTA TERRACE
  • Land Acres: 0000000112
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TERRA COTTA TERRACE LOT 6

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2499-0000-0060
  • Lot: 6
  • Municipality: DESTIN
  • Latitude: 30.3809
  • Longitude: -86.4003

    Address

  • Full Address: 48 Terra Cotta Way
  • Address - House Number: 48
  • Address - Street Name: Terra Cotta
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3654
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,923
  • Tax Year: 2023
  • Tax Amount: $1,074,395
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 1,481,655
  • High Value: 1,601,434
  • Low Value: 1,361,876

    Market Valuation

  • Market Total Value: $962,518
  • Market Land Value: $225,000
  • Market Improvement Value: $737,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $962,518
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $737,518

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3469037
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Terra Cotta Terrace


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Frequently Asked Questions

When was property at 48 Terra Cotta Way built and last sold?
The property at 48 Terra Cotta Way was built in 1993 and last sold on Jun 18, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 48 Terra Cotta Way is $1,308,458.
What are some comparable homes to 48 Terra Cotta Way?
There are currently no comparable homes to 48 Terra Cotta Way.