48 Terra Cotta Way, Destin, FL 32541 (MLS# 986775)

48 Terra Cotta Way, Destin, FL 32541

$1,475,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,240 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $1,475,000 List Date: 10/03/2025 Last Modified: 3/18/2026

Description

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

Supplements: 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 unbeatablejust a short jaunt 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. 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.

More Information MLS# 986775

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 455.25 List Date: 2025-10-03 Current Price: $1,475,000 List Price: $1,475,000

Location, Tax and Legal

Sub Area: 1404 - Destin Beach East Elementary School: Destin Middle School: Destin High School: Destin Legal Description: TERRA COTTA TERRACE LOT 6

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Immediate Occupancy: Yes Garage: Yes Carport: No Carport Spaces: 0 Covered Spaces: 0 Driveway Spaces: 4 Street Spaces: 0 Assigned Spaces: 0 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 3240 Bedrooms: 4 Full Baths: 4 Total Bathrooms: 4 # Stories: 3 Year Built: 1993 Garage Spaces: 2 Acreage: 0.11

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 199 Annual Assessment Amount: 2388 Assessment Paid: Monthly New Buyer Fee: No New Buyer Fee Paid: $ Last Taxes: 11367.84 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1 Oversized: 1 See Remarks: 1

Waterview

Gulf: 1

Lot/Parcel Access

City Road: 1 Paved Road: 1 See Remarks: 1

Lot Features

Covenants: 1 Restrictions: 1 Within 1/2 Mile to Water: 1

Project Facilities

BBQ Pit/Grill: 1 Deed Access: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1

Construction/Siding

Roof Tile/Slate: 1 Stucco: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Patio Covered: 1 Shower: 1

Interior

Ceiling Raised: 1 Fireplace 2+: 1 Floor Hardwood: 1 Floor Tile: 1 Furnished - All: 1 Lighting Recessed: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range Hood: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 Double Pane Windows: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1 MBed Sitting Area: 1 MBed Walk-in Closet: 1

Master Bedroom

Third: 1

Bedroom

Second: 1 Third: 1

Kitchen

Second: 1

Full Bathroom

First: 1 Second: 1 Third: 1

Rooms

Bedroom: 1 Dining Area: 1 Full Bathroom: 1 Garage: 1 Great Room: 1 Kitchen: 1 Laundry: 1 Master Bathroom: 1 Master Bedroom: 1 Recreation Room: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Land Recreation: 1 Management: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 48 Street Name: Terra Cotta Street Suffix: Way State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: TERRA COTTA TERRACE Parcel ID: 00-2S-22-2499-0000-0060

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Gulf Parking Features: Garage Attached; Oversized; See Remarks Project Facilities: BBQ Pit/Grill; Deed Access; Playground; Pool; Short Term Rental - Allowed; Tennis Exterior: Patio Covered; Shower Interior: Ceiling Raised; Fireplace 2+; Floor Hardwood; Floor Tile; Furnished - All; Lighting Recessed; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; Double Pane Windows; Water Heater - Elect Master Bedroom: Third Bedroom: Second; Third Kitchen: Second Full Bathroom: First; Second; Third Rooms: Bedroom; Dining Area; Full Bathroom; Garage; Great Room; Kitchen; Laundry; Master Bathroom; Master Bedroom; Recreation Room Fees Include: Accounting; Ground Keeping; Land Recreation; Management

Room Information

Garage Level: First Dimensions: 30 x 20 Length: 30.00 Width: 20.00 Dimensions: 30 x 20 Full Bathroom Level: First Dimensions: 7 x 8 Length: 7.00 Width: 8.00 Dimensions: 7 x 8 Recreation Room Level: First Dimensions: 22 x 30 Length: 22.00 Width: 30.00 Dimensions: 22 x 30 Great Room Level: Second Dimensions: 15 x 30 Length: 15.00 Width: 30.00 Dimensions: 15 x 30 Dining Area Level: Second Dimensions: 7.5 x 13.9 Length: 7.50 Width: 13.90 Dimensions: 7.5 x 13.9 Kitchen Level: Second Dimensions: 13 x 14 Length: 13.00 Width: 14.00 Dimensions: 13 x 14 Bedroom Level: Second Dimensions: 13 x 14 Length: 13.00 Width: 14.00 Dimensions: 13 x 14 Bedroom Level: Second Dimensions: 13 x 14 Length: 13.00 Width: 14.00 Dimensions: 13 x 14 Full Bathroom Level: Second Dimensions: 7 x 10 Length: 7.00 Width: 10.00 Dimensions: 7 x 10 Master Bedroom Level: Third Dimensions: 19 x 20.5 Length: 19.00 Width: 20.50 Dimensions: 19 x 20.5 Master Bathroom Level: Third Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12 Bedroom Level: Third Dimensions: 14 x 28 Length: 14.00 Width: 28.00 Dimensions: 14 x 28 Full Bathroom Level: Third Dimensions: 7 x 9 Length: 7.00 Width: 9.00 Dimensions: 7 x 9 Laundry Level: Third Dimensions: 7 x 8 Length: 7.00 Width: 8.00 Dimensions: 7 x 8

Listing Office: Destin Legacy Real Estate Llc

Listing Agent: Chip Jervis

Last Updated: March - 18 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.