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108 Terra Cotta Way, Destin, FL 32541
$825,000
108 Terra Cotta Way, Destin, FL 32541View this property at 108 Terra Cotta Way, Destin, FL 32541
108 Terra Cotta WayDestinFL32541
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Property Description
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 Joe's Restaurant, Beach Bar's. Terra Cotta Terrace shares amenities with Enclave's 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, TV's, 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.
Full Property Details
Full Property Details for 108 Terra Cotta Way
General
- Price: $825,000
- Taxes: $6,276 (2023)
- Status: Active
- Type: Single Family
- MLS ID: 940087
- Updated: 5/9/2024
- Added to Site: 130 day(s) ago
Interior
- Rooms/Areas: Bedroom, Garage, Kitchen, Living Room
- Interior Features: Ceiling Raised, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup, Window Treatment All
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Beach, Community Room, Pool, Short Term Rental - Allowed
- Pool: Yes
Exterior
- Exterior Features: Fenced Back Yard, Pool - In-Ground
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage Attached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Terra Cotta Terrace
- Driving 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.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Stories/Levels: 1
- Square Feet: 1,569
- Sq. Ft. Source: County PA Records
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 35 x 108 x 69 x 90
- Street/Road Desc.: Paved Road
- Lot Features: Cul-De-Sac, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $199
- Assmt Payment Freq: Monthly
- Tax Amount: $6,276
- Tax Year: 2023
- Terms: Conventional
Disclosures and Reports
- Legal Description: TERRA COTTA TERRACE LOT 36
- Assessment: Yes
- APN: 00-2S-22-2499-0000-0360
Listed by Lead Realty
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Schools
Schools serving 108 Terra Cotta Way
School District:Okaloosa County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4608 Legendary Marina Dr, Destin, FL 32541 | 5-8 | 1.9 mi | |
630 Kelly St, Destin, FL 32541 | PK-5 | 5.6 mi | |
400 Hollywood Blvd Sw, Ft Walton Bch, FL 32548 | 9-12 | 14.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Terra Cotta Way
Date
Details
Price
Change
Source
5/09/2024
Price Reduced
$825,000
-2.83%
MLS
2/28/2024
Price Reduced
$849,000
-4.01%
MLS
1/30/2024
Price Reduced
$884,500
-0.51%
MLS
1/15/2024
Listed
$889,000
24.77%
MLS
9/25/2023
Sold
$712,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 Terra Cotta Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,277
148%
$525,430
111%
2022
$2,536
—
$248,862
3%
2021
$2,528
—
$241,614
1%
2021
$2,528
2%
$238,278
2%
2019
$2,475
1%
$232,921
2%
2018
$2,452
1%
$228,578
2%
2017
$2,437
3%
$223,877
2%
2016
$2,371
-1%
$219,272
1%
2015
$2,404
—
$217,748
1%
2014
$2,412
1%
$216,020
1%
2013
$2,390
—
$212,828
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 Terra Cotta Way
108 Terra Cotta Way, Destin, FL 32541 (MLS# 940087) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 108 Terra Cotta Way is currently listed for $825,000 and was received on January 15, 2024. Want to learn more about 108 Terra Cotta Way? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.