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4559 Luke Avenue

Destin, FL 32541
  • $2,750,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 974783
UPDATED: 66 min ago
$2,750,000
  • 8
    BEDS
  • 0.64
    ACRES
  • 8
    BATHS
  • 1
    1/2 BATHS
  • 4,339
    SQFT
  • $634
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2018
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income historyconsistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential. Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet barideal for family fun or post-beach wind-downs. Each bedroom offers a private escape with ensuite baths and refined coastal dcor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location. Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.

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© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Vendor Member number: 28178. Data last updated: 2025-05-19T10:00:45.957.
Vendor Member #28178.
www.countson30a.com/homes/162966045
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4559 Luke Avenue Destin, FL 32541

  • Price: $2,750,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 66 min ago
  • MLS #: 974783
8
Beds
8
Baths
1
½ Baths
0.64
Acres
4,339
SQFT
$634
$/SQFT
2018
Built
Neighborhood:
Crystal Beach
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income historyconsistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential. Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet barideal for family fun or post-beach wind-downs. Each bedroom offers a private escape with ensuite baths and refined coastal dcor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location. Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.
Exterior Features

Architectural Style Contemporary Carport YN No Construction Materials [] Exterior Features [] Lot Features [] Lot Size Dimensions 0.64 acres Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View [] Waterfront Features []

Interior Features

Appliances [] Cooling [] First Floor Bedroom Yes Heating [] Interior Features [] Rooms Total 10

Property Features

Association Fee Includes [] Buyer Financing [] Community Features [] Green Energy Efficient [] New Construction YN No Pool Type Private Property Condition Construction Complete Property Sub Type Detached Single Family Special Listing Conditions [] Tax Amount 19636.08 Tax Year 2024 Utilities ElectricPublic Water Zoning Resid Single Family

Listing courtesy of Scenic Sotheby's International Realty: 850-231-6052.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Vendor Member number: 28178. Data last updated: 2025-05-19T10:00:45.957.
Vendor Member #28178.
 
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Counts Real Estate Group
5231 E. Co. Hwy 30A, Suite 100
Santa Rosa Beach FL, 32459