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$1,065,000
↓ $10K (0.9%)
● House - For Sale

54 Terra Cotta Way

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,193 Ft²
Upcoming Open House
10AM - 12PM, Sun, Oct 25 -
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$6,050
Est. Monthly

About This Property

Discover the perfect blend of location, comfort, and investment opportunity at 54 Terra Cotta Terrace.

This beautifully designed 4-bedroom, 4-bathroom beach home spans 2,193 square feet of thoughtfully laid-out living space and is perfectly positioned just a short stroll from the sugar-white sands and emerald waters of the Gulf--with deeded beach access making every day feel like a vacation.

From the moment you step inside, you're welcomed by a bright, open-concept living area filled with natural light and coastal elegance. The home's three-story layout offers ideal separation of space, making it perfect for hosting guests, accommodating multiple families, or maximizing rental income. Three of the four spacious bedrooms are paired with its own full bath, creating a true retreat for owners and guests alike. The well-appointed kitchen, multiple entertainment spaces, private deck with peekaboo Gulf view and backyard patio provide the perfect setting for entertaining or unwinding after a day at the beach.

Located within the desirable Terra Cotta Terrace community, residents enjoy gated community pool access, pickle ball/tennis courts, sand volleyball and deeded beach access, all just minutes from Destin's top dining, shopping, and entertainment.

Whether you're searching for a primary residence, second home, or a high-performing short-term rental, this property checks every box--with rental projections exceeding $120K+ annually offering serious income potential.

Opportunities like this--combining location, lifestyle, and income--are rare. Don't miss your chance to own a turnkey beach home in one of the most sought-after destinations on the Emerald Coast. Buyer to verify all information. Professional photos will be added soon.
Unit Size
2,193 Ft²
Days on Market
204 days
Land Size
0.10 acres
Price per sqft
$486
Property Type
House
Property Taxes
$821
HOA Dues
-
Year Built
1993

Listed By

At The Beach Team
Keller Williams Realty Destin
Martin Luus
Keller Williams Realty Destin

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Last updated: 15 hours ago (ECAR #999033)

Price History

Date / Event Date Event Price
Sep 12, 2026 Price Decreased $1,065,000
↓ $10K (0.9%)
Price Decreased
Mar 25, 2026 Listed by Keller Williams Realty Destin $1,075,000
Listed by Keller Williams Realty Destin
Jul 15, 2021 Sold
Sold
Mar 6, 2018 Sold
Sold

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, See Remarks, Other, Golf Cart Open
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Breakfast Bar, Pantry, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup
Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer, Water Heater, Auto Garage Door Opn, Stove/Oven Electric
Flooring Type: Laminate, Floor Tile
Rooms: 12
Exterior Details
Square Footage: 2193
Property Condition: Construction Complete
Architectural Style: Contemporary
Year Built: 1993
Building Area Total: 2193
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Patio, Deck Open
Pool Features: Pool Type
Lot Features: Cul-De-Sac, See Remarks, Covenants, Within 1/2 Mile to Water
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Dimensions: 49 x 90
Water Source: Public
Financial Details
Tax Assessed Value: $226
Tax Annual Amount: $9,847
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Ground Keeping, Master Association, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 3
  • Basement Area: 336
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,471
  • Total Building Area: 3,403
  • Gross Building Area: 3,403
  • Building Area: 2,193
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,193
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRA COTTA TERRACE
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TERRA COTTA TERRACE LOT 9

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2499-0000-0090
  • Lot: 9
  • Municipality: DESTIN
  • Latitude: 30.3813
  • Longitude: -86.4003

    Address

  • Full Address: 54 Terra Cotta Way
  • Address - House Number: 54
  • 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: 2,657
  • Tax Year: 2023
  • Tax Amount: $844,316
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 931,644
  • High Value: 1,114,457
  • Low Value: 748,831

    Market Valuation

  • Market Total Value: $749,562
  • Market Land Value: $225,000
  • Market Improvement Value: $524,562

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $749,562
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $524,562

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3472021
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Contract Date: Feb 27, 2018
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 71
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 54 Terra Cotta Way built and last sold?
The property at 54 Terra Cotta Way was built in 1993 and last sold on Jul 9, 2021 for $817,500.
How much is this home worth?
The estimated value of the home located at 54 Terra Cotta Way is $1,072,976.
What are some comparable homes to 54 Terra Cotta Way?
There are currently no comparable homes to 54 Terra Cotta Way.