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For sale
    • Price cut: $10K (7/17)
    $1,429,000

    48 Terra Cotta Way, Destin, FL 32541

    4beds
    3,240sqft
    : 
    $8,758/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    4,791 Square Feet Lot
    $-- Zestimate®
    $441/sqft
    $-- HOA

    What's special

    Cozy gas fireplaceAccess to a balcony
    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.
    313 days
    |
    443
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chip Jervis 850-974-3300,

    Destin Legacy Real Estate Llc

    Source: ECAOR,MLS#: 986775MLS Logo

      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: 6
      • 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 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
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $441/sqft
      • Tax assessed value: $1,123,084
      • 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

        DateEventPrice
        7/17/2026Price change$1,429,000-0.7%$441/sqft
        Source: ECAOR #986775 Report a problem
        6/13/2026Price change$1,439,000-0.3%$444/sqft
        Source: ECAOR #986775 Report a problem
        6/6/2026Price change$1,444,000-0.3%$446/sqft
        Source: ECAOR #986775 Report a problem
        5/31/2026Price change$1,449,000-0.7%$447/sqft
        Source: ECAOR #986775 Report a problem
        5/18/2026Price change$1,459,000-0.7%$450/sqft
        Source: ECAOR #986775 Report a problem
        4/18/2026Price change$1,469,000-0.4%$453/sqft
        Source: ECAOR #986775 Report a problem
        3/18/2026Price change$1,475,000-1.3%$455/sqft
        Source: ECAOR #986775 Report a problem
        10/3/2025Listed for sale$1,495,000+6.8%$461/sqft
        Source: ECAOR #986775 Report a problem
        5/16/2024Sold$1,400,000-6.6%$432/sqft
        Source: PAR #633426 Report a problem
        4/30/2024Pending sale$1,499,500+0.3%$463/sqft
        Source: Navarre Area BOR #930582 Report a problem
        9/15/2023Price change$1,495,500-0.3%$462/sqft
        Source: PAR #633426 Report a problem
        8/23/2023Listed for sale$1,499,500+53.8%$463/sqft
        Source: Navarre Area BOR #930582 Report a problem
        6/21/2021Sold$975,000+5.4%$301/sqft
        Source: ECAOR #868024 Report a problem
        4/1/2021Listed for sale$925,000$285/sqft
        Source: Keller Williams #868024 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,301 +17%$1,123,084 +20.7%
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32541

        Getting around

        15 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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