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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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106 Terra Cotta Way , Destin, FL 32541
$1,149,000
Est. Payment: $5,826.91/mo
4 Bed
4 Bath
2290 Sqft
Status: active | Days on site: 118
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to your slice of paradise in the ''World's Luckiest Fishing Village'' and steps from the most breathtaking sugar white sand beaches and emerald waters in the world. This stunning new home in Terra Cotta Terrace perfectly blends coastal elegance with modern comfort, offering an exceptional opportunity as both a luxury getaway and a high-performing investment property. All just a short walk from the neighborhood's dedicated beach access. Designed with both relaxation and entertaining in mind, this beautifully furnished home sleeps up to 14 guests and features a private pool surrounded by lush landscaping. Inside, you'll find a thoughtfully designed layout with upscale finishes throughout, including hardwood floors, tile accents, and a bright, open-concept living space. The updated kitchen and spa-inspired bathrooms add a touch of luxury to every stay. It really is like a 5 bedroom house with the built in bunk room on the 1st floor. Currently operating as a successful short-term vacation rental, this property is truly turnkey and ready for immediate income. Whether you're looking for a personal beach retreat, an investment opportunity, or both, this home checks every box. Don't miss your chance to own a piece of paradise in one of Florida's most sought after coastal destinations.

Highlights

Listed by John R Butler , Emerald Coast Vacation Rentals & Sales , 850-837-6100. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.12

HOA Fee

Year Built

2016

County

Okaloosa

Area

14 - Destin

Neighborhood

Terra Cotta Terrace

Listing ID

999425

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Water Heater - Tnkls
Floor:Floor Hardwood,Floor Tile
Other:
  • Additional:Kitchen Island, Owner's Closet

Exterior Features

Lot Dimensions:Irregular
Zoning:Resid Single Family
Others:
  • Additional:Fenced Back Yard, Shower, Porch
Sewer:Public Sewer
Principal Interest
$5,827
Taxes
$732
HOA
$0

Home Price

$1,149,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$229,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,826.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,826.91 $732.49 $0.00 $6,559.39
Yearly $69,922.87 $8,789.85 $0.00 $78,712.72
Total $2,097,686.14 $263,695.50 $0.00 $2,361,381.64

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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