This beautifully updated three-story coastal retreat with deeded beach access offers the perfect blend of comfort, style, and investment potential in the heart of Miramar Beach. Designed with timeless Mediterranean charm, the home features a newly installed red-tile roof (October 2022) with a 50-year transferable warranty, brick paver drive, and elegant wrought-iron balconies that enhance its striking curb appeal. Inside, the home welcomes you with a relaxed yet refined coastal aesthetic, multiple spacious living areas, and a flowing layout connected by a winding wood-tread staircase- ideal for hosting and entertaining. With five well-appointed bedrooms, the home comfortably accommodates large groups, making it an exceptional vacation rental opportunity. Two expansive primary suites provide flexible living arrangements, including a first-floor suite complete with a private balcony, kitchenette, and oversized bath--perfect for guests or multi-generational stays. The main kitchen is thoughtfully designed with stainless steel appliances, granite countertops, and ample prep space, seamlessly opening to the dining and living areas for effortless gatherings. Outdoor living is just as inviting, with front and rear balconies capturing Gulf breezes and stunning sunset views. Many of the bedrooms offer private en-suite baths and balcony access, creating a sense of privacy and retreat for guests throughout the home. Offered fully furnished and turnkey, this property includes numerous recent upgrades such as a new roof (2022), HVAC system, two new water heaters, Nest thermostat, and energy-efficient tinted windows in the main living areas. Located within a gated community, residents and guests enjoy access to a resort-style pool, tennis courts, sand volleyball, and clubhouse amenities. Just a short walk away is deeded beach access along with popular local favorites like Captain Dave's On the Gulf and Kenny D's Beach Bar & Grill. A newly added neighborhood favorite, Sandos Beachside, offers a vibrant, walkable dining and bar experience--an exciting bonus for both owners and guests. Whether you're seeking a second home, income-producing rental, or a combination of both, this property delivers on location, lifestyle, and long-term value.
For sale
Price cut: $55K (5/23)
$1,275,000
64 Terra Cotta Way, Destin, FL 32541
5beds
3,037sqft
Single Family Residence
Built in 1995
3,920 Square Feet Lot
$1,215,800 Zestimate®
$420/sqft
$-- HOA
What's special
Five well-appointed bedroomsElegant wrought-iron balconiesBrick paver driveTwo expansive primary suites
- 97 days |
- 287 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Sarah Timmons 256-996-1169,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 998378
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Area: 270 Square Feet
- Dimensions: 18 x 15
Primary bedroom
- Level: Third
- Area: 234 Square Feet
- Dimensions: 18 x 13
Bedroom
- Level: Second
- Area: 130 Square Feet
- Dimensions: 13 x 10
Primary bathroom
- Level: First
- Area: 90 Square Feet
- Dimensions: 10 x 9
Primary bathroom
- Level: Third
- Area: 252 Square Feet
- Dimensions: 21 x 12
Dining area
- Level: Second
- Area: 448 Square Feet
- Dimensions: 28 x 16
Kitchen
- Level: Second
- Area: 144 Square Feet
- Dimensions: 16 x 9
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Owner's Closet, Pantry
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,037
- Total interior livable area: 3,037 sqft
Property
Features
- Stories: 3
- Patio & porch: Porch
- Exterior features: Balcony, Columns
Lot
- Size: 3,920 Square Feet
- Dimensions: 99 x 40 x 95 x 39
- Features: Covenants, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 002S22249900000140
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Condition
- Construction Complete
- New construction: No
- Year built: 1995
Community & HOA
Community
- Features: Beach, Community Room, Deed Access, Pavillion/Gazebo, Picnic Area, Pool, Tennis Court(s), Short Term Rental - Allowed
- Subdivision: TERRA COTTA TERRACE
HOA
- Has HOA: Yes
- Services included: Recreational Faclty
Location
- Region: Destin
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $928,018
- Annual tax amount: $10,926
- Date on market: 3/19/2026
- Road surface type: Paved
Estimated market value
$1,215,800
$1.16M - $1.28M
$5,182/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Price change | $1,275,000-4.1%$420/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $14,797$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $14,797$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2026 | Listed for sale | $1,330,000-4.9%$438/sqft |
Source: | ||
| 2/6/2023 | Listing removed | -- |
Source: | ||
| 12/13/2022 | Price change | $1,399,000-3.2%$461/sqft |
Source: | ||
| 10/24/2022 | Listed for sale | $1,445,000+114.1%$476/sqft |
Source: | ||
| 5/22/2019 | Sold | $675,000$222/sqft |
Source: | ||
| 5/9/2019 | Pending sale | $675,000$222/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #822109 Report a problem | ||
| 5/5/2019 | Listed for sale | $675,000+107.7%$222/sqft |
Source: Coldwell Banker Residential Re #822109 Report a problem | ||
| 6/13/2013 | Sold | $325,000-27.8%$107/sqft |
Source: | ||
| 10/2/2012 | Listing removed | $450,000$148/sqft |
Source: The Real Estate Book #383142 Report a problem | ||
| 9/30/2012 | Listed for sale | $450,000$148/sqft |
Source: The Real Estate Book #383142 Report a problem | ||
| 8/19/2012 | Listing removed | $450,000$148/sqft |
Source: The Real Estate Book #383142 Report a problem | ||
| 12/20/2011 | Price change | $450,000-10%$148/sqft |
Source: Approved Properties, LLC #383142 Report a problem | ||
| 10/28/2011 | Price change | $500,000+42.9%$165/sqft |
Source: Approved Properties, LLC #383142 Report a problem | ||
| 7/27/2011 | Price change | $350,000-12.5%$115/sqft |
Source: Sellstate Gulf Coast Realty #383142 Report a problem | ||
| 3/29/2011 | Price change | $400,000+19.4%$132/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 1/17/2011 | Price change | $335,000-4.3%$110/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 12/11/2010 | Price change | $350,000-9.1%$115/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 12/3/2010 | Price change | $385,000-3.8%$127/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 11/24/2010 | Price change | $400,000-5.9%$132/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 11/6/2010 | Price change | $425,000-5.6%$140/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 10/29/2010 | Price change | $450,000-9.1%$148/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 10/21/2010 | Listed for sale | $495,000-19.5%$163/sqft |
Source: SELLSTATE GULF COAST REALTY #383142 Report a problem | ||
| 7/23/2003 | Sold | $615,000+39.5%$203/sqft |
Source: Public Record Report a problem | ||
| 5/3/2002 | Sold | $441,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,906 +5.6% | $759,829 -15.3% |
| 2023 | $9,382 +15.1% | $897,167 +22.5% |
| 2022 | $8,149 +15% | $732,205 +28.3% |
| 2021 | $7,089 +8.2% | $570,871 +9% |
| 2020 | $6,553 +4.9% | $523,704 +6.4% |
| 2019 | $6,245 +0.5% | $492,359 +1.8% |
| 2018 | $6,212 | $483,789 +6.3% |
| 2017 | $6,212 +4.4% | $455,219 +0.8% |
| 2016 | $5,949 +1.7% | $451,677 +2.5% |
| 2015 | $5,852 +3.7% | $440,652 +22.6% |
| 2014 | $5,644 | $359,356 -0.7% |
| 2013 | -- | $361,876 -0.4% |
| 2012 | -- | $363,396 -4.3% |
| 2011 | -- | $379,550 -3.6% |
| 2010 | -- | $393,799 -13.4% |
| 2009 | -- | $454,520 -16.8% |
| 2008 | -- | $546,204 -13.3% |
| 2007 | -- | $630,010 -11.9% |
| 2006 | -- | $714,769 +34.7% |
| 2005 | -- | $530,653 +29% |
| 2004 | -- | $411,504 +19.9% |
| 2003 | -- | $343,305 +22.1% |
| 2002 | -- | $281,148 +1.6% |
| 2001 | -- | $276,720 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 14.5 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 5.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Destin
- 32541
- 64 Terra Cotta Way







