$699,000
$50K PRICE DROP

4765 Calatrava Ct Destin, FL 32541

Destin Area

Estimated payment $4,455/month

Total Views 76,998
3 Beds
2 Baths
1,302 Sq Ft
$537 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Spa
  • Deck

About This Home

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.

Listing Agent

Justin Myers

EXP Realty LLC License #3215492 Listed on: 02/20/2026

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 1992

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.24 x 97.87 x 42.02 x 95
  • Property fronts a county road
  • Cul-De-Sac

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Bay Window
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0400

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, management, recreational faclty
  • Terra Cotta Terrace Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,176

Year Built

Built in 1992

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 37.24 x 97.87 x 42.02 x 95
  • Road Frontage Type: County Road
  • Subdivision Name: TERRA COTTA TERRACE
  • 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.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1992
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Dryer, Microwave, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Recessed Lighting, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Window Features: Window Treatments, Window Bay

Exterior Features

  • Lot Features: Cul-De-Sac, Sidewalk
  • Construction Type: Stucco
  • Exterior Features: Outdoor Grill, Hot Tub, Outdoor Shower
  • Patio And Porch Features: Deck Open, Patio Covered, Porch Open
  • Property Condition: Construction Complete
  • Roof: Slate

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Gas - Natural
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool, Tennis Court(s)
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management, Recreational Faclty

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 00-2S-22-2499-0000-0400
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 7176.18
  • Tax Year: 2025

Matterport 3D Tour

Floorplan

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,176 $605,917 $247,972 $357,945
2024 $6,423 $560,430 $240,750 $319,680
2023 $6,423 $537,645 $225,000 $312,645
2022 $4,374 $386,878 $173,004 $213,874
2021 $3,865 $311,259 $149,940 $161,319
2020 $3,614 $288,849 $142,800 $146,049
2019 $3,512 $276,872 $142,800 $134,072
2018 $3,486 $271,494 $0 $0
2017 $2,796 $213,973 $0 $0
2016 $2,748 $211,518 $0 $0
2015 $2,699 $204,167 $0 $0
2014 $2,478 $184,747 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2026 06/29/26 Price Changed $699,000 -3.6% $537 / Sq Ft
06/19/2026 06/19/26 Price Changed $724,900 -3.2% $557 / Sq Ft
02/20/2026 02/20/26 For Sale $749,000 +7.0% $575 / Sq Ft
10/31/2022 10/31/22 Sold $700,000 0.0% $538 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $700,000 -- $538 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $700,000 --
Warranty Deed $375,000 Emerland Coast Title Service
Warranty Deed $370,000 Mcgill Escrow & Title Llc
Warranty Deed $487,500 --
Corporate Deed $319,000 Mcgill Escrow & Title Llc
Warranty Deed $280,000 Security First Title Partner
Warranty Deed $235,000 Security First Title Partner
Warranty Deed $175,000 Old South Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $296,000 Purchase Money Mortgage
Previous Owner $390,000 New Conventional
Previous Owner $319,000 Purchase Money Mortgage
Previous Owner $90,000 No Value Available
Source: Public Records

About the Listing Agent

Justin Myers

EXP Realty LLC

(448) 233-4556

Section Image

Justin Myers — The Realtor on the Water


Buying or selling a waterfront home isn't just about buying or selling a house—it's about understanding the lifestyle that comes with it. Realtor Justin Myers, known locally as the “Realtor on the Water,” brings firsthand knowledge and experience to both buyers and sellers of waterfront property.


Justin and his team have sold well over 100 waterfront properties, giving them a unique understanding of what makes waterfront homes

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Source: Emerald Coast Association of REALTORS®

MLS Number: 995898

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0400

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