4571 Luke Ave, Destin, FL 32541
- $1,925,000
- 6
- BD
- 3
- BA
- 2,428
- SqFt
- List Price
- $1,925,000
- Status
- ACTIVE
- Days on Market
- 42
- Price Change
- ▼ $75,000 1789411819
- MLS#
- 1009185
- Subtype
- Residential
- Style
- Beach House
- Year Built
- 2003
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,428
- Lot Size
- 7,405
- Acres
- 0.17
- Subdivision
- Crystal Beach
- Neighborhood
- Destin Beach East
- MLS Area Major
- Destin
Property Description
Just moments from the sugar-white sands of Crystal Beach, this 6 bedroom, 3-bath coastal retreat is already nicely designed, comfortable, and generating serious income -- but it has plenty of room to take it over the top and force appreciation with a few more key updates and over the top design. The thoughtfully laid-out main home is paired with a private guest house above the detached garage -- ideal for short-term rental income, multi-generational living, or hosting guests. The bones and layout deliver beach cottage charm today, and the numbers back it up: this turnkey property generated over $190,000 in gross rental revenue in 2025, with 2026 already trending the same. With a handful of targeted upgrades, there's a clear path to push both the guest experience and the income even higher. Enjoy a close beach access, spacious outdoor living, and ample parking for boats or RVs, all just minutes from Destin's best shopping, dining, and entertainment. Move-in ready with proven cash flow and real upside, this is a rare chance to own a well-designed, income-producing beach home with a clear runway to maximize its potential in one of Destin's most sought-after coastal communities.
Additional Information
- Interior Features
- Bookcases, Fireplace(s), In-Law Arrangement, Washer Hookup
- Exterior Features
- Balcony, Irrigation Pump, Outdoor Shower, Sprinkler System, Storage
- Taxes
- $11,976
- Property Description
- Beach House
- Zoning
- City, Resid Single Family
- Appliances
- Dishwasher, Disposal, Microwave, Electric Water Heater
- Heating
- Central
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Stories
- 2
- Roof
- Metal
- Foundation
- Slab
- Parking Features
- Rv/Boat Parking, Detached, Detached, Other, Oversized, Rv/Boat Parking, Garage, Other
- Garage Spaces
- 2
- Elementary School
- Destin
- Middle School
- Destin
- High School
- Fort Walton Beach
Mortgage Calculator
Listing courtesy of EXP Realty LLC.
Vendor Member Number : 28166