Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address or Facebook? Check out our how-to page for more info. Also, LIKE and follow us @gulfcondos to receive local info including aerial imagery, event and entertainment news and helpful local information.

  • Price$3,350,000
  • Beds8
  • Baths9
  • SQ. Feet4,339
  • Acres0.64
  • Built2018

4559 Luke Ave, DESTIN

Experience the ultimate in luxury and income producing home with a strong history since 2019 bringing in 200k to 280k a year! Currently over $130k on the books! With June and July averaging over 50k per month! This stunning 8 bedroom, 8 bathroom coastal modern home in the heart of Destin built in 2018 with no HOA. Boasting a spacious double lot (0.64 acres) with a large pool and elevator. This property is the perfect blend of luxury and income producing. Situated on a double-sized lot and within walking distance to the beach, this home offers the best of both worlds - a serene coastal oasis and a profitable rental machine. With rental income averaging $220K-$250k each year, this property is a smart investment for those looking to capitalize on the booming vacation rental market.

Inquire! Request a Showing Add to Favorites Print this Listing

Essential Information

  • MLS® #950207
  • Price$3,350,000
  • Bedrooms8
  • Bathrooms9.00
  • Full Baths8
  • Half Baths1
  • Square Footage4,339
  • Acres0.64
  • Year Built2018
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleContemporary
  • StatusActive

Amenities

  • AmenitiesElevators, Short Term Rental - Allowed
  • UtilitiesPublic Water Available
  • Has PoolYes
  • PoolPrivate, Pool - Heated, Pool - In-Ground, Community

Exterior

  • ExteriorRoof Metal
  • Exterior FeaturesBBQ Pit/Grill, Balcony, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
  • RoofRoof Metal

Additional Information

  • Days on Website29
  • ZoningResidential Single Family
  • HOA Fees0.00

Community Information

  • Address4559 Luke Ave
  • AreaDestin
  • SubdivisionNO RECORDED SUBDIVISION
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541

Interior

  • CoolingA/C: High Efficiency
  • # of Stories3

School Information

  • ElementaryDESTIN
  • MiddleDESTIN
  • HighDestin

Listing Details

  • Listing OfficeAvantStay Southeast LLC
Please provide a valid email address.

DISCLAIMER: 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, Copyright2024, All rights reserved.