See Home Value
$585,000
● House - Off Market

72 Terra Cotta Way

Destin, FL 32541
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,291 Ft²
$866,036
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Currently under contract with contingencies. Seller still accepting offers as a ''kick out'' clause is in place.

Meticulously maintained and solidly constructed Mediterranean-style home in the private, beachside community of Terra Cotta Terrace. This fresh and current coastal getaway is located near the community pool and just a short stroll to the private beach access. With the hallmarks of an ideal beach home like great location, on-trend coastal dcor, ample fresh air living space, and corridor Gulf views, this pristine, never-rented home would make an excellent vacation rental or second home. Vacation rental income projections top $45,000. Concrete block construction and impact windows offer first-rate hurricane protection. Bedrooms are designed for privacy; main living areas are planned for gathering; and all spaces are meant for relaxing. Each bedroom has access to a balcony.

The 1st floor contains a private guest suite with a den that could be used for additional sleeping. The master suite is a luxurious respite with fireplace, balcony access, and spa tub. The kitchen has a timeless aesthetic with cherry wood cabinets, stainless steel appliances, and solid surface countertops. Notable appointments include: hardwood floors, updated baths, double crown molding, and staircase granite flooring. Terra Cotta Terrace is a desirable private community characterized by unique Mediterranean-inspired homes and lush greenery. Community amenities include: private beach access, pool, tennis, and sand volleyball.
Unit Size
2,291 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
$170
Year Built
2004

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Last updated: 2 years ago (ECAR MLS #833392)

Price History

Date / Event Date Event Price
Mar 9, 2020 No longer available -
No longer available
Feb 12, 2020 Sold
Sold
Nov 8, 2019 Listed $599,900
Listed
Currently under contract with contingencies. Seller still accepting offers as a ''kick out'' clause is in place.Meticulously maintained and solidly constructed Mediterranean-style home in the private, beachside community of Terra Cotta Terrace. This fresh and current coastal getaway is located near the community pool and just a short stroll to the private beach access. With the hallmarks of an ideal beach home like great location, on-trend coastal decor, ample fresh air living space, and corridor Gulf views, this pristine, never-rented home would make an excellent vacation rental or second home. Vacation rental income projections top $45,000. Concrete block construction and impact windows offer first-rate hurricane protection. Bedrooms are designed for privacy; The manager has listed the unit size as 2291 square feet.
Oct 15, 2019 Listed by Keller Williams Realty Destin $599,900
Listed by Keller Williams Realty Destin
Apr 9, 2012 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 9
  • Roof Cover Type: 18
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 607
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,440
  • Total Building Area: 3,506
  • Gross Building Area: 3,506
  • Building Area: 2,291
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,291
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRA COTTA TERRACE
  • Land Acres: 0000000102
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TERRA COTTA TERRACE LOT 18

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2499-0000-0180
  • Lot: 18
  • Municipality: DESTIN
  • Latitude: 30.3824
  • Longitude: -86.4003

    Address

  • Full Address: 72 Terra Cotta Way
  • Address - House Number: 72
  • Address - Street Name: Terra Cotta
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3625
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,807
  • Tax Year: 2023
  • Tax Amount: $838,440
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 945,401
  • High Value: 1,130,914
  • Low Value: 759,888

    Market Valuation

  • Market Total Value: $804,776
  • Market Land Value: $225,000
  • Market Improvement Value: $579,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $804,776
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $579,776

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3336869
  • Previous Sale Recording Date: Apr 09, 2012
  • Previous Sale Contract Date: Apr 06, 2012
  • Previous Sale Amount: $450,000
  • 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 72 Terra Cotta Way built and last sold?
The property at 72 Terra Cotta Way was built in 2004 and last sold on Feb 7, 2020 for $585,000.
How much is this home worth?
The estimated value of the home located at 72 Terra Cotta Way is $622,680.
What are some comparable homes to 72 Terra Cotta Way?
There are currently no comparable homes to 72 Terra Cotta Way.