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  • Zillow Home logoZestimate®
    $1,217,600

    56 Terra Cotta Way, Destin, FL 32541

    5beds
    4baths
    3,832sqft
    SingleFamily
    Built in 2003
    3,920 Square Feet Lot
    $1,217,600 Zestimate®
    $318/sqft
    $6,431 Estimated rent

    Home value

    $1,217,600

    $1.16M - $1.28M

    $6,431/mo

    Zestimate® history
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    $9,608/mo

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    $9,608/mo

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    What's special

    Located close to the Sugar White Beaches of the Emerald Coast, this AWESOME Beach House is a must to see!!!! As an owner in Terra Cotta Terrace, you can enjoy the many amenities that this neighborhood offers. These amenities include DEEDED BEACH ACCESS, A POOL, TENNIS COURTS, CLUB HOUSE and a VOLLEYBALL COURT. The subdivision of Terra Cotta Terrace is next to the gated communities of Destiny By The Sea and Destiny. The property is conveniently located near GREAT SHOPPING, DINING AND ENTERTAINMENT too!!! This architecturally unique Hard Stucco home has a covered balcony and a Roof Top Terrace. Relax on the Roof Top Terrace referred to as the "Martini Deck" while you experience breath-taking views of the GULF OF MEXICO, THE CHOCTAWHATCHEE BAY, and A NEARBY LAKE. The neighborhood Pool is only a few yards away and can be viewed from the covered balcony on the front of this Beach House. The spacious open floor plan is great for entertaining your family and friends. This Beach House will accommodate 2-3 families at a time. The large kitchen features custom wood cabinetry and granite counter tops. Some of the other features include: 3 AC/Heating units, 2 refrigerators and 2 washers and dryers. This well built home has surround-sound throughout, double insulated windows, a paging system, a monitored security system and hurricane shutters. Sellers are offering a 1 year home warranty from Old Republic. Buyer to verify all lot and home dimensions.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,832 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 002S22249900000100

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Slate
    Condition
    • Year built: 2003

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $1,164 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $318/sqft
    • Tax assessed value: $1,295,067
    • Annual tax amount: $13,791

    Price history

    DateEventPrice
    9/16/2026Listing removed$1,300,000$339/sqft
    Source: ECAOR #998413 Report a problem
    3/19/2026Listed for sale$1,300,000+94%$339/sqft
    Source: ECAOR #998413 Report a problem
    6/3/2013Sold$670,000-4.1%$175/sqft
    Source: ECAOR #592398 Report a problem
    3/7/2013Listed for sale$699,000$182/sqft
    Source: American Realty of Northwest Florida, Inc. #592398 Report a problem
    2/1/2013Listing removed$699,000$182/sqft
    Source: Keller Williams Realty Emerald Coast - Santa Rosa #585920 Report a problem
    10/26/2012Listed for sale$699,000-4.1%$182/sqft
    Source: Keller Williams Realty- Emerald Coast #585920 Report a problem
    9/1/2012Listing removed$729,000$190/sqft
    Source: Keller Williams Realty Emerald Coast #573095 Report a problem
    7/1/2012Price change$729,000-7.7%$190/sqft
    Source: Keller Williams Realty Emerald Coast #573095 Report a problem
    3/4/2012Listed for sale$789,500-9.8%$206/sqft
    Source: Keller Williams Realty- Emerald Coast #573095 Report a problem
    4/16/2011Listing removed$875,000$228/sqft
    Source: .. #534831 Report a problem
    2/24/2011Listed for sale$875,000$228/sqft
    Source: .. #534831 Report a problem
    1/2/2011Listing removed$875,000$228/sqft
    Source: Pelican Real Estate #534831 Report a problem
    8/25/2010Price change$875,000-16.7%$228/sqft
    Source: Pelican Real Estate #534831 Report a problem
    4/2/2010Listed for sale$1,050,000+13.5%$274/sqft
    Source: PELICAN REAL ESTATE #534831 Report a problem
    5/26/2004Sold$925,000+1133.3%$241/sqft
    Source: Public Record Report a problem
    4/11/2002Sold$75,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,791 +10.4%$1,055,792 +10%
    2024$12,490 +5.5%$959,811 -15.2%
    2023$11,843 +14.6%$1,131,693 +21.4%
    2022$10,335 +15.4%$932,327 +29.3%
    2021$8,955 +8.5%$721,120 +9.3%
    2020$8,251 +5.5%$659,491 +6.9%
    2019$7,824 +0.8%$616,835 +2%
    2018$7,765 $604,702 +4.4%
    2017$7,765 +2.6%$579,024 +0.7%
    2016$7,567 +1.4%$574,770 +2.3%
    2015$7,466 +2.2%$561,729 +14.6%
    2014$7,306 $490,009 +5.9%
    2013-- $462,875 -0.4%
    2012-- $464,867 -4.2%
    2011-- $485,307 -3.2%
    2010-- $501,312 -14%
    2009-- $582,735 -14.7%
    2008-- $683,050 -14.7%
    2007-- $800,353 -11%
    2006-- $899,463 +29.4%
    2005-- $694,866 +29.7%
    2004-- $535,838 +1044.5%
    2003-- $46,818 +2%
    2002-- $45,900 +2%
    2001-- $45,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: DESTIN
    • Middle: DESTIN
    • High: FORT WALTON BEACH

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,217,600
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    With Zillow Showcase(estimated)
    $1,241,952
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,217,600
    2% more
    +$24,352
    With Zillow Showcase(estimated)
    $1,241,952