brett sells destin

4559 Luke Avenue, Destin, FL 32541 (MLS# 950207)


$3,350,000
4559 Luke Avenue
Destin, FL 32541
MLS# 950207
8 beds  |  9 baths  |  4339 sqft


4559 Luke Avenue, Destin, FL 32541
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4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541 4559 Luke Avenue, Destin, FL 32541

Property Description
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.

Details
Status Change Info
Status: Active
Contract Info
List Date: 2024-05-18
Current Price: $3,350,000
List Price: $3,350,000
List Price/SqFt: 772.07
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 4559
Street Name: Luke
Street Suffix: Avenue
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1404 - Destin Beach East
Project Name/Subdivision: NO RECORDED SUBDIVISION
Parcel ID: 00-2S-22-0580-0031-0010
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)
General Property Info
Sub-Type: Detached Single Family
Design: Contemporary
Apx SqFt(Htd/Cooled): 4339
SqFt Source: County PA Records
Bedrooms: 8
Full Baths: 8
Half Baths: 1
Total Bathrooms: 9
# Stories: 3
Year Built: 2018
Immediate Occupancy: No
Garage: No
Carport: No
Acreage: 0.64
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 18603.89
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 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.
Office/Member Info
Single Agent Comp: 2.25
Single Agent Comp Type: %
Trans Broker Comp: 2.25
Trans Broker Comp Type: %
Non-Rep Comp: 2.25
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Zoning: Resid Single Family
Waterview: Gulf
Project Facilities: Elevators; Short Term Rental - Allowed
Construction/Siding: Roof Metal
Exterior: Balcony; BBQ Pit/Grill; Fenced Back Yard; Fenced Privacy; Patio Covered; Pool - Heated; Pool - In-Ground; Sprinkler System
Utilities: Public Water
Energy: AC - High Efficiency
Bedroom: First; Second; Third
Kitchen: First
Living Room: First
Rooms: Bedroom; Dining Area; Kitchen; Laundry; Living Room
Room Information
Room Name Level Dimensions Length Width Dimensions
BedroomFirst1 x 11.001.001 x 1
BedroomFirst1 x 11.001.001 x 1
BedroomSecond1 x 11.001.001 x 1
BedroomSecond1 x 11.001.001 x 1
BedroomSecond1 x 11.001.001 x 1
BedroomThird1 x 11.001.001 x 1
Dining AreaFirst1 x 11.001.001 x 1
LaundryFirst1 x 11.001.001 x 1
Living RoomFirst1 x 11.001.001 x 1
KitchenFirst1 x 11.001.001 x 1

Listing Office: AvantStay Southeast LLC

Last Updated: May - 18 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.