4559 Luke Avenue, Destin, FL 32541

$3,350,000
8
BD
9
BA
4,339
SqFt
List Price
$3,350,000
Days on Market
29
MLS#
950207
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
9
Full Bathrooms
8
Half Bathrooms
1
Living Area
4,339
Lot Size
27,878
Neighborhood
1404 - Destin Beach East

Property Description

Experience the ultimate in luxury and income producing home with a strong history since 2019 bringing in over 200k 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 $200K-$250k each year, this property is a smart investment for those looking to capitalize on the booming vacation rental market.

Additional Information

Acres
0.64
Association
Emerald Coast
Construction Siding
Roof Metal
Design
Contemporary
Elementary School
Destin
Energy
AC - High Efficiency
Exterior Features
Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
High School
Destin
Legal Description
CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)
Lot Dimensions
0.64 acres
Middle School
Destin
Neighborhood
1404 - Destin Beach East
Project Facilities
Elevators, Short Term Rental - Allowed
Stories
3
Subdivision
No Recorded Subdivision
Utilities
Public Water
Waterview
Gulf
Year Built
2018
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of AvantStay Southeast LLC.

Vendor Member Number : 28166