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$1,065,000

Listing Price

4beds

4baths

2,193sqft

4,471sqft lot

54 Terra Cotta Way, Destin, FL 32541

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

485.64

Price / sqft

1993

Year built

Home Details

Discover the perfect blend of location, comfort, and investment opportunity at 54 Terra Cotta Terrace.nnThis 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.nnFrom 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.nnLocated 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.nnWhether 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.nnOpportunities

Interior Details

Square Feet
  • 2193

Bedrooms
  • 4

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4471

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,407

$142,800

$289,371

--%

$432,171

2019

$5,180

$142,800

$265,590

--%

$408,390

2018

$5,142

$140,000

$260,456

--%

$400,456

2017

$4,832

$102,714

$267,075

--%

$369,789

2016

$4,762

$100,700

$265,933

--%

$366,633

2013

$4,096

$0

$0

--%

$302,986

2012

$4,033

$0

$0

--%

$304,202

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Average Home Price in 32541

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$2,519,119

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$1,675,317

4 Beds

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Sold 06/17/2026

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4 Beds

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Sold 10/26/2026

$1,279,900

4 Beds

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Sold 10/27/2026

$785,000

4 Beds

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4,397 Lot (sqft)

Sold 10/13/2026

$935,000

3 Beds

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Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,065,000
$
Down payment
213,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,390
$
HOA (Monthly)
0
$
PMI
0
$
$6,894
Your Payment
Total Monthly Payment:$6,894
Percent of Income:118%
Affordable:No

Details for 54 TERRA COTTA WAY

Property Debt

Foreclosure Contact Details