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$749,000
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Property Description
Gross Rental Income for 2025 was $65,297.42! Great 3 bed/2 bath vacation rental in Terra Cotta Terrace. Comes fully furnished along with a hot tub. New HVAC unit has been installed. Just a short walk to the gated, private beach access. Inside you will find an open & bright floor plan with wood look tile flooring throughout and a spacious kitchen equipped with stainless appliances and a breakfast bar. The large back deck is where you will find the hot tub and out front is a firepit with Adirondack chairs and a large covered porch; plenty of options to relax after a day at the beach. Amenities include a community pool, volleyball and tennis courts. Conveniently located to great restaurants, shopping and fun activities for both kids and adults.
Full Property Details
Full Property Details for 4765 Calatrava Ct
General
- Price: $749,000
- Taxes: $7,176 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 995898
- Updated: 4/13/2026
- Added to Site: 57 day(s) ago
Rental Information
- Complex Features: Beach, Deed Access, Pool, Tennis
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Ceiling Vaulted, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: BBQ Pit/Grill, Hot Tub, Shower
- Porch/Patio/Deck: Deck Open, Patio Covered, Porch Open
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: TERRA COTTA TERRACE
- Driving Directions: From Destin, travel east on Scenic Hwy 98 past the Destiny by the Sea Community. The Terra Cotta Cove Community is on the north side of Scenic Hwy 98; turn left on Terra Cotta Way & then turn right on Calatrava Court. The home will be on the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Management, Recreational Faclty
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Natural Gas
- Heating/Cooling: Natural Gas, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Construction: Stucco
- Exterior Const.: Stucco
- Stories/Levels: 1
- Square Feet: 1,302
- Sq. Ft. Source: County PA Records
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Dimensions: 37.24 x 97.87 x 42.02 x 95
- Frontage: County Road
- Lot Features: Cul-De-Sac, Sidewalk
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $228
- Tax Amount: $7,176.18
- Tax Year: 2025
Disclosures and Reports
- Legal Description: TERRA COTTA TERRACE LOT 40 AND PART LOT 41 COM NE COR LOT 40 S ALG LOT LINE 17.67FT TO POB S87 DEG E 2.79FT S2 DEG W 36.56FT S43 DEG E 2.4FT S2 DEG W 9.56FT S47 DEG W 1.67FT S2 DEG W 27.1 FT TO R/W THC WLY ALG R/W 5.26FT TO E LINE LOT 40 THC N ALG LINE 80.2FT TO POB
- APN: 00-2S-22-2499-0000-0400
- Property ID: 00-2S-22-2499-0000-0400
Listed by EXP Realty LLC
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Schools
Schools serving 4765 Calatrava Ct
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.6 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 14.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4765 Calatrava Ct
Date
Details
Price
Change
Source
2/20/2026
Listed
$749,000
7%
MLS
10/31/2022
Sold
$700,000
—
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 4765 Calatrava Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,176
8%
$605,917
8%
2024
$6,639
3%
$560,430
4%
2023
$6,423
66%
$537,645
73%
2021
$3,865
-12%
$311,259
-20%
2022
$4,374
13%
$386,878
34%
2021
$3,865
10%
$288,849
4%
2019
$3,512
1%
$276,872
2%
2018
$3,486
25%
$271,494
27%
2017
$2,796
2%
$213,973
1%
2016
$2,748
2%
$211,518
4%
2015
$2,699
9%
$204,167
11%
2014
$2,478
5%
$184,747
6%
2013
$2,360
—
$174,498
—
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 4765 Calatrava Ct
4765 Calatrava Court, Destin, FL 32541 (MLS# 995898) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4765 Calatrava Court is currently listed for $749,000 and was received on February 20, 2026. Want to learn more about 4765 Calatrava Court? 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.

