Listing provided courtesy of Scenic Sotheby's International Realty- MLS# 998378MLS Provider

64 Terra Cotta WayDestin, FL 32541

Single Family · 5 Beds · 4 Full Baths · 3,037 Sq. ft. | 0.09 Acres
$1,275,000 Active

64 Terra Cotta Way Overview

Time on Site:
102 days
Visits:
1

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.

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64 Terra Cotta Way Facts & Features

  • Type Single Family
  • Sq. ft. 3,037
  • Price/Sq.ft. $420
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association Fee Includes: Recreational Faclty
  • Association: true

School Information

  • Elementary School: Destin
  • Middle Or Junior School: Destin
  • High School: Destin

Building Information

  • New Construction: false
  • Year Built: 1995

Location/Region

  • County Or Parish: Okaloosa
  • MLS Area Major: 14 - Destin
  • MLS Area Minor: 1404 - Destin Beach East
  • Subdivision Name: TERRA COTTA TERRACE

Community/Development

  • Community Features: Short Term Rental - Allowed,Beach,Community Room,Deed Access,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Tennis

Tax Information

  • Tax Annual Amount: 10926.78
  • Tax Year: 2025

General Information

  • Parcel Number: 00-2S-22-2499-0000-0140
  • Property Condition: Construction Complete
  • Property Sub Type: Detached Single Family
  • Property Type: Residential
  • Zoning: Resid Single Family

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: County PA Records
  • Building Area Total: 3037.0

General Information

  • Appliances: Cooktop,Dishwasher,Dryer,Microwave,Refrigerator,Stove/Oven Electric,Washer
  • Interior Features: Breakfast Bar,Owner's Closet,Pantry,Washer/Dryer Hookup
  • Rooms Total: 7
  • Stories: 3
  • Window Features: Window Treatment All

Exterior

Lot Information

  • Lot Features: Covenants,Restrictions,Within 1/2 Mile to Water
  • Lot Size Dimensions: 99x40x95x39
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Building Exterior/Construction

  • Architectural Style: Mediterranean

General Information

  • Carport: false
  • Exterior Features: Balcony,Columns
  • Pool Features: Pool Type
  • Utilities: Electric,TV Cable

Room Information

Room: Master Bathroom

  • Level: First
  • Dimensions: 10 x 9
  • Length: 10.00
  • Width: 9.00

Room: Master Bedroom

  • Level: First
  • Dimensions: 18 x 15
  • Length: 18.00
  • Width: 15.00

Room: Bedroom

  • Level: Second
  • Dimensions: 13 x 10
  • Length: 13.00
  • Width: 10.00

Room: Dining Area

  • Level: Second
  • Dimensions: 28 x 16
  • Length: 28.00
  • Width: 16.00

Room: Kitchen

  • Level: Second
  • Dimensions: 16 x 9
  • Length: 16.00
  • Width: 9.00

Room: Master Bathroom

  • Level: Third
  • Dimensions: 21 x 12
  • Length: 21.00
  • Width: 12.00

Room: Master Bedroom

  • Level: Third
  • Dimensions: 18 x 13
  • Length: 18.00
  • Width: 13.00

64 Terra Cotta Way Neighborhood

Community

32541 (Destin) Demographics

42
Median Age
1,066
Population Density (per sq. mile)
56%
College Educated
$84,865
Estimated Median Income
5,459
Estimated Total Home Owners
2,858
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

64 Terra Cotta Way Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

64 Terra Cotta Way Market Data

Based on the last 30 days in this zip code

$1,023,083
Average List Price
$527
Average Price per Square Foot
73
Properties Sold
147
Average Days on Market
808
Properties for Sale
Calculations provided by Reliance Network

64 Terra Cotta Way History

Date Event Value Agent
5/23/2026Source: Emerald Coast MLS Price Reduction
$1,275,000 -4.1%
3/19/2026Source: Emerald Coast MLS Added to Database
March 19, 2026