3 months on rocket

108 Terra Cotta Way, Destin, FL, 32541

$849,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,569 SqFt
$541/SqFt
House
Schools Nearby

Location

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108 Terra Cotta Way, Destin$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1999
HeatingCentral
CoolingCeiling Fan(s), Central Air
Private PoolYes
MLS #940087
Lot Size0.11 Acres
StatusActive

About 108 Terra Cotta Way

Remodeled and Rental Ready!! Investors, your guest requirements are met with this beach home, featuring two master suites, a well-appointed kitchen, and a private heated pool. Only steps to the crystal clear waters of the emerald coast and located between the ever-popular Crab Trap and Pompano Joes Restaurant, Beach Bars. Terra Cotta Terrace shares amenities with Enclaves for your enjoyment of the community pool, tennis courts, volleyball, the club house and deeded beach access. The garage could be converted to a 3rd Master Suite and the 5x5 closet in the hall, converted to a Bunk Room, adding rental income and equitable value to this home. Everything is new, appliances, furnishings, paint, flooring, fixtures, TVs, and this home is new to the vacation rental market this year with projections of $69,000 the first year. Make this Beach Cottage your own and reap the benefits of peak season rental income 2024. The 50 year tile roof has 25 years of life remaining, HVAC and Water Heater are 5 years old.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1999
  • Stories: 1
  • Living Area: 1,569 SqFt

Listing Office:

  • Office Name: Lead Realty
  • Office Email: jason@leadrealty.com
  • Listing Agent: Beverly D Dudley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
  • Interior: Raised Ceiling, Kitchen Island, Recessed Lighting, Newly Painted, Owners Closet, Pantry, Renovated, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fenced Back Yard, Pool - In-Ground

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Within 1/2 Mile to Water
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Highway 98, turn South on Crystal Beach Drive, turn Left on Scenic Gulf Drive, turn Left on Terra Cotta Way, the home is located in the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $541/SqFt

HOA Fees:

  • Amount: $199
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,507
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

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Destin, FL

City

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

108 Terra Cotta Way vs Destin

106 DAYS ON ROCKET

+24 Days

$849,000

+$181.2K More

$541/SqFt

+$124 More

KEY TAKEAWAY

This property is $181.2K more than the Median Sold Price and $124/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #940087

Listing Office:

  • Office Name: Lead Realty
  • Office Email: jason@leadrealty.com
  • Listing Agent: Beverly D Dudley

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,507$238,278
2018$2,452$228,578
2017$2,437$223,877

History based on county public records data.

Payment Calculator

$4,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3933985
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 5.67 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3933986
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 1.92 miles

  • Public District Grades 5-8

school-card-donut-3933987
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 12.28 miles

  • Public District Grades 3-8

High School

school-card-donut-3933988
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 14.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,149. Most Destin, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 108 Terra Cotta Way

What is the listing price of this property?

The listing price of 108 Terra Cotta Way property is $849,000.

What type of property is this?

The property 108 Terra Cotta Way is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 108 Terra Cotta Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 108 Terra Cotta Way are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,507 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 108 Terra Cotta Way has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 108 Terra Cotta Way is 1,569 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 108 Terra Cotta Way is 1999.

Rocket Homes›Florida›Okaloosa County›Destin›32541›108 Terra Cotta Way

This home is located at 108 Terra Cotta Way in Destin, FL and zip code 32541. This 1,569 square foot home, which was built in 1999, sits on a 0.11 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $849,000.

In March 2024, from all listings sold in Destin, FL there were more than 3 sold above asking price, over 38 sold below and more than 11 were sold right at the asked price. Between February 2024 and March 2024, Destin, FL real estate market has seen increase in the number of listings by 15.5%. The median list price of listings available in March 2024 was $667,755, while the average time on the real estate market was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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