4559 LUKE AVE
DESTIN, FL 32541

$3,350,000

8 Beds

9 Baths

4,339 Sq Ft

Status Active

MLS# 950207

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 for 4559 LUKE AVE

$772 / Sq Ft

0 parking spaces

14 Days on website

0.64 acres lot

Interior

Bathrooms Full

Bathrooms Half

Bathrooms Total

Bedrooms Total

Living Area

4,339 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

2018

Exterior And Lot

Exterior Features

Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System

Lot Size Acres

0.64

Lot Size Square Feet

27878

Pool Features

["Private"]

Zoning

Resid Single Family

Area And Schools

City

Destin

County Or Parish

Okaloosa

Elementary School

Destin

High School

Destin

Middle Or Junior School

Destin

Subdivision Name

NO RECORDED SUBDIVISION

Financial Info

Assessment Fees

Buyer Agency Compensation^*

2.25%

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

Tax Annual Amount

$18,603.89

Tax Year

2023

Details for 4559 LUKE AVE

Interior

Building And Construction

Exterior And Lot

Area And Schools

Financial Info

Area Information for 4559 LUKE AVE