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 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 unbeatablejust a short jaunt 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.
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.
For sale
$1,495,000
48 Terra Cotta Way, Destin, FL 32541
4beds
3,240sqft
Est.:
Single Family Residence
Built in 1993
4,791.6 Square Feet Lot
$-- Zestimate®
$461/sqft
$199/mo HOA
What's special
Cozy gas fireplaceAccess to a balcony
- 153 days |
- 598 |
- 26 |
Zillow last checked: 9 hours ago
Listing updated: January 31, 2026 at 01:39pm
Listed by:
Chip Jervis 850-974-3300,
Destin Legacy Real Estate Llc
Source: ECAOR,MLS#: 986775
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: Third
- Area: 389.5 Square Feet
- Dimensions: 19 x 20.5
Bedroom
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13 x 14
Bedroom
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13 x 14
Bedroom
- Level: Third
- Area: 392 Square Feet
- Dimensions: 14 x 28
Primary bathroom
- Level: Third
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bathroom
- Level: First
- Area: 56 Square Feet
- Dimensions: 7 x 8
Bathroom
- Level: Second
- Area: 70 Square Feet
- Dimensions: 7 x 10
Bathroom
- Level: Third
- Area: 63 Square Feet
- Dimensions: 7 x 9
Dining area
- Level: Second
- Area: 104.25 Square Feet
- Dimensions: 7.5 x 13.9
Garage
- Level: First
- Area: 600 Square Feet
- Dimensions: 30 x 20
Great room
- Level: Second
- Area: 450 Square Feet
- Dimensions: 15 x 30
Kitchen
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13 x 14
Laundry
- Level: Third
- Area: 56 Square Feet
- Dimensions: 7 x 8
Recreation room
- Level: First
- Area: 660 Square Feet
- Dimensions: 22 x 30
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Vaulted Ceiling(s), Recessed Lighting, Woodwork Painted
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows, Window Treatments
- Has fireplace: Yes
- Fireplace features: Fireplace 2+
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Oversized, See Remarks
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Covered
- Exterior features: Outdoor Shower
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 97
- Features: Covenants, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 002S22249900000060
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Slate
Condition
- Construction Complete
- New construction: No
- Year built: 1993
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Deed Access, Playground, Pool, Tennis Court(s), Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: TERRA COTTA TERRACE
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Land Recreation, Management
- HOA fee: $199 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $994,583
- Annual tax amount: $11,367
- Date on market: 10/3/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Listed for sale | $1,495,000+6.8%$461/sqft |
Source:  ECAOR #986775 Report a problem | ||
| 5/16/2024 | Sold | $1,400,000-6.6%$432/sqft |
Source:  PAR #633426 Report a problem | ||
| 4/30/2024 | Pending sale | $1,499,500+0.3%$463/sqft |
Source:  Navarre Area BOR #930582 Report a problem | ||
| 9/15/2023 | Price change | $1,495,500-0.3%$462/sqft |
Source: PAR #633426 Report a problem | ||
| 8/23/2023 | Listed for sale | $1,499,500+53.8%$463/sqft |
Source: Navarre Area BOR #930582 Report a problem | ||
| 6/21/2021 | Sold | $975,000+5.4%$301/sqft |
Source: ECAOR #868024 Report a problem | ||
| 4/1/2021 | Listed for sale | $925,000$285/sqft |
Source:  Keller Williams #868024 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,368 +5.8% | $930,481 -3.3% |
| 2023 | $10,744 +15.9% | $962,518 +25.2% |
| 2022 | $9,267 +24.6% | $768,993 +28.4% |
| 2021 | $7,436 +8.2% | $598,836 +9.1% |
| 2020 | $6,870 +5% | $549,080 +6.5% |
| 2019 | $6,541 +0.5% | $515,693 +1.8% |
| 2018 | $6,506 | $506,703 +5.8% |
| 2017 | $6,506 +4% | $478,762 +0.8% |
| 2016 | $6,257 +1.4% | $475,167 +2.4% |
| 2015 | $6,172 +0.9% | $463,824 +11% |
| 2014 | $6,120 | $417,896 +5.1% |
| 2013 | -- | $397,646 -0.4% |
| 2012 | -- | $399,367 -4.2% |
| 2011 | -- | $416,957 -3.4% |
| 2010 | -- | $431,699 -12.9% |
| 2009 | -- | $495,511 -16% |
| 2008 | -- | $589,810 -13.7% |
| 2007 | -- | $683,754 -11.6% |
| 2006 | -- | $773,655 +32.6% |
| 2005 | -- | $583,435 +29% |
| 2004 | -- | $452,303 +63.3% |
| 2003 | -- | $277,009 +3.4% |
| 2002 | -- | $268,003 +3.4% |
| 2001 | -- | $259,183 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,982/mo
Principal & interest
$7251
Property taxes
$1532
HOA Fees
$199
Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 8/10Destin Middle SchoolGrades: 5-8Distance: 2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 14.4 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32541
- Florida
- Okaloosa County
- Destin
- 32541
- 48 Terra Cotta Way
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