Description
4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers luxurious living and lucrative investment potential. The annual base rate projections are $403,000 with $283,000 already on the books for 2024. This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene oasis. The addition of a carriage house provides ample space and flexibility for large groups. Enjoy modern comforts with multiple living rooms, kitchenettes, and a game room. Enjoy the beautiful Emerald Coast beaches in less than a 4-minute walk!
Legal Description
CRYSTAL BEACH LOT 1 & W 1/2 LOT 2 BLK 30 ADJACENT ELY 22.5FT OF VACATED LUKE AVE ORD# 16-02-CN BK 3246 PG 280
Features of 4575 Luke Ave
| MLS® # | 944531 |
|---|---|
| Price | $3,995,000 |
| Bedrooms | 11 |
| Bathrooms | 12.00 |
| Full Baths | 11 |
| Half Baths | 1 |
| Square Footage | 6,373 |
| Acres | 0.34 |
| Year Built | 2022 |
| Type | Attached Single Unit |
| Sub-Type | Attached Single Unit |
| Style | Beach House |
| Status | Active |
Community Information
| Address | 4575 Luke Ave |
|---|---|
| Area | Destin |
| Subdivision | CRYSTAL BEACH |
| City | DESTIN |
| County | OKALOOSA |
| State | FL |
| Zip Code | 32541 |
Amenities
| Amenities | BBQ Pit/Grill, Game Room, Laundry, Pool, Short Term Rental - Allowed |
|---|---|
| Utilities | Electric Available, Gas - Natural, Public Sewer Available, Public Water Available |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Pool - In-Ground, Community, Private |
Interior
| Interior Features | Floor Vinyl, Kitchen Island, Lighting Recessed |
|---|---|
| Appliances | Cooktop, Dishwasher, Dryer, Freezer, Microwave, Smoke Detector, Washer |
| Heating | Heat: Central Electric |
| Cooling | A/C: Central Electric, A/C: Two Or More |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior | Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd |
|---|---|
| Exterior Features | Fenced Back Yard, Hot Tub, Pool - In-Ground |
| Windows | Double Paned Windows |
| Roof | Roof Metal |
| Foundation | Foundation Off Grade |
School Information
| Elementary | DESTIN |
|---|---|
| Middle | DESTIN |
| High | FORT WALTON BEACH |
Additional Information
| Zoning | Residential Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | Compass |
|---|
Price History for MLS #944531
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,299,000 to $3,995,000 |
