4559 luke avenue, Destin, FL 32541

8 BEDS 9 BATHS
0.63 AC LOT
Residential - Single Family
Image 1
Bedrooms 8
Total Baths 9
Acreage 0.64
Status Off Market
MLS # 974783
County Okaloosa
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.64
MLS # 974783
County Okaloosa
Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history—consistently 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 décor, 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

  • Style Contemporary
  • Construction Single Family
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 0.64 acres

Interior Features

  • Year Built 2018

Neighborhood & Schools

  • Subdivision CRYSTAL BEACH
  • Elementary School Destin
  • Middle School Destin
  • High School Destin

Financial Information

  • Parcel ID 00-2S-22-0580-0031-0010
  • Zoning Resid Single Family

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.