Price Reduction - Water Views
Address
54 Terra Cotta Way, Destin, FL
Price
$ 1,065,000
Property Attributes
- MLS#999033
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityDestin
- AreaDestin
- NeighborhoodTERRA COTTA TERRACE
- Zip32541
- StyleContemporary
- Year Built1993
- Taxes$ 9846
- Price$ 1,065,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2193
- Lot Size0.1 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Destin Elementary School | Destin Middle School | Fort Walton Beach High School |
| Price History | |
|---|---|
| 4/22/2026 | Listed $1,075,000 |
| 9/11/2026 | 1$1,065,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Pickle Ball,Beach,Community Room,Deed Access,Pets Allowed,Pool,Tennis |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | TERRA COTTA TERRACE |
| Status | Active |
| Directions | Heading East on Scenic 98 coming from the Crab Trap, turn North (Left) onto Terra Cotta Way. Home will be on the left hand side |
| High School | Fort Walton Beach |
| City | Destin |
| MLS Area | 14 - Destin |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4356 |
| Elementary School | Destin |
| Middle/Junior High School | Destin |
| MLS Area Minor | 1404 - Destin Beach East |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Tax Assessed Value | 226 |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck Covered,Deck Open,Patio Open |
| Architectural Style | Contemporary |
| Construction Materials | Frame,Stucco |
| Year Built | 1993 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 12 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Ground Keeping,Master Association,Recreational Faclty |
| Pool Features | Pool Type |
| HOA | true |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Breakfast Bar,Lighting Recessed,Newly Painted,Owner's Closet,Pantry,Washer/Dryer Hookup |
| Flooring | Floor Laminate,Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Features | Covenants,Cul-De-Sac,Within 1/2 Mile to Water,See Remarks |
|---|---|
| Lot Size Area | 0.1 |
| Lot Dimensions | 49 x 90 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
| Exterior Amenities | BBQ Pit/Grill |
| Building Area Total | 2193 |
| Parking Features | Garage,Golf Cart Open,See Remarks,Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32541
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
