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For sale
    • $1,075,000

    54 Terra Cotta Way, Destin, FL 32541

    4beds
    2,193sqft
    : 
    $6,588/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    4,356 Square Feet Lot
    $-- Zestimate®
    $490/sqft
    $-- HOA

    What's special

    Deeded beach accessGated community pool accessBackyard patioWell-appointed kitchenMultiple entertainment spaces
    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.
    138 days
    |
    318
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    At The Beach Team 850-654-3325,

    Keller Williams Realty Destin,

    Martin Luus 850-296-7011,

    Keller Williams Realty Destin

    Source: ECAOR,MLS#: 999033MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: Third
      • Area: 238 Square Feet
      • Dimensions: 17 x 14
      Bedroom
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Bedroom
      • Level: Second
      • Area: 242 Square Feet
      • Dimensions: 22 x 11
      Bedroom
      • Description: Bunk Room
      • Level: Third
      • Area: 264 Square Feet
      • Dimensions: 24 x 11
      Primary bathroom
      • Description: With tub
      • Level: Third
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Bathroom
      • Level: First
      • Area: 40 Square Feet
      • Dimensions: 8 x 5
      Bathroom
      • Level: Second
      • Area: 40 Square Feet
      • Dimensions: 8 x 5
      Bathroom
      • Level: Third
      • Area: 80 Square Feet
      • Dimensions: 8 x 10
      Family room
      • Level: Second
      • Area: 252 Square Feet
      • Dimensions: 18 x 14
      Garage
      • Level: First
      • Area: 480 Square Feet
      • Dimensions: 24 x 20
      Kitchen
      • Level: Second
      • Area: 204 Square Feet
      • Dimensions: 17 x 12
      Pantry
      • Level: Second
      • Area: 9 Square Feet
      • Dimensions: 3 x 3
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Recessed Lighting, Newly Painted, Owner's Closet, Pantry
      • Flooring: Laminate, Tile
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,193
      • Total interior livable area: 2,193 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Golf Cart Garage, Other, Garage, See Remarks
      • Garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered, Deck, Patio
      • Exterior features: Outdoor Grill
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 49 x 90
      • Features: Covenants, Cul-De-Sac, See Remarks, Within 1/2 Mile to Water
      Details
      • Parcel number: 002S22249900000090
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Slate
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Community Room, Deed Access, Pool, Tennis Court(s), Pickleball, Short Term Rental - Allowed
      • Subdivision: TERRA COTTA TERRACE
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Recreational Faclty
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $490/sqft
      • Tax assessed value: $855,499
      • Annual tax amount: $9,846
      • Date on market: 3/27/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/27/2026Listed for sale$1,075,000-4.4%$490/sqft
        Source: ECAOR #999033 Report a problem
        10/1/2025Listing removed$1,125,000$513/sqft
        Source: PAR #649131 Report a problem
        7/30/2025Price change$1,125,000-1.7%$513/sqft
        Source: Navarre Area BOR #951520 Report a problem
        1/21/2025Listed for sale$1,145,000$522/sqft
        Source: Navarre Area BOR #951520 Report a problem
        11/19/2024Listing removed$1,145,000$522/sqft
        Source: PAR #649131 Report a problem
        11/13/2024Price change$1,145,000-4.2%$522/sqft
        Source: Navarre Area BOR #951520 Report a problem
        6/5/2024Listed for sale$1,195,000+46.2%$545/sqft
        Source: Navarre Area BOR #951520 Report a problem
        7/10/2023Listing removed--
        Source: ECAOR #873905 Report a problem
        7/9/2021Sold$817,500+9.1%$373/sqft
        Source: ECAOR #873905 Report a problem
        6/13/2021Pending sale$749,000$342/sqft
        Source: ECAOR #873905 Report a problem
        6/9/2021Listed for sale$749,000+52.9%$342/sqft
        Source: ECAOR #873905 Report a problem
        2/27/2018Sold$490,000-7.5%$223/sqft
        Source: ECAOR #782072 Report a problem
        8/25/2017Listed for sale$530,000+3.1%$242/sqft
        Source: SRE #782072 Report a problem
        4/18/2015Listing removed$514,000$234/sqft
        Source: Emerald Coast Properties, Inc. Report a problem
        3/26/2015Listed for sale$514,000-0.4%$234/sqft
        Source: Emerald Coast Properties, Inc. #716273 Report a problem
        7/10/2014Listing removed$515,900$235/sqft
        Source: The Premier Property Group #610875 Report a problem
        1/11/2014Listed for sale$515,900$235/sqft
        Source: The Premier Property Group #610875 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,847 +10%$811,346 +10%
        2024$8,950 +6%$737,587 -1.6%
        2023$8,443 +14.9%$749,562 +23%
        2022$7,346 +26%$609,576 +29.8%
        2021$5,832 +7.9%$469,665 +8.7%
        2020$5,407 +4.4%$432,171 +5.8%
        2019$5,180 +0.7%$408,390 +2%
        2018$5,142 $400,456 +8.3%
        2017$5,142 $369,789 +0.9%
        2016-- $366,633 +2.7%
        2015-- $356,915 +11.3%
        2014-- $320,689 +5.8%
        2013-- $302,986 -0.4%
        2012-- $304,202 -4.3%
        2011-- $317,884 -4%
        2010-- $331,158 -14.3%
        2009-- $386,514 -18.4%
        2008-- $473,680 -12.3%
        2007-- $539,978 +133.2%
        2006-- $231,563 +3%
        2005-- $224,818 +3%
        2004-- $218,270 +1.9%
        2003-- $214,200 +2.4%
        2002-- $209,180 +3.3%
        2001-- $202,422
        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.
        See how much you could borrow to make a competitive offer.
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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: Fort Walton Beach

        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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