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Harrison Lilly Team

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

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48 Terra Cotta Way , Destin, FL 32541
$1,319,000
Est. Payment: $7,287.29/mo
4 Bed
4 Bath
3240 Sqft
0.11 Acres
Status: Active | Days on site: 30
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EDLE - E3703
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Harrison Lilly Team
Owner/Operator

House 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 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 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.

Highlights

Listed by Chip Jervis , 850-974-3300 Destin Legacy Real Estate Llc , 850-974-3300. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.11

HOA Fee

Year Built

1993

County

Okaloosa

Area

14 - Destin

Neighborhood

Terra Cotta Terrace

Listing ID

1011036

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Floor:Floor Hardwood,Floor Tile
Other:
  • ▪ Additional:Ceiling Raised, Fireplace 2+, Lighting Recessed, Washer/Dryer Hookup, Woodwork Painted

Exterior Features

Lot:Covenants,Restrictions,Within 1/2 Mile to Water
Lot Dimensions:50x97
Zoning:Resid Single Family
Others:
  • ▪ Additional:Shower, Patio Covered
Sewer:Public Sewer
Parking Features:Oversized,See Remarks
Principal Interest
$7,287
Taxes
$1,108
HOA
$0

Home Price

$1,319,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$263,800
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:
$7,287.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,287.29 $1,108.44 $0.00 $8,395.72
Yearly $87,447.42 $13,301.24 $0.00 $100,748.66
Total $2,623,422.60 $399,037.20 $0.00 $3,022,459.80

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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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: 2026-10-07T06:31:40.000Z

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