4571 Luke Ave, Destin, FL 32541
- $1,925,000
- 6
- BD
- 3
- BA
- 2,874
- SqFt
- List Price
- $1,925,000
- Price Change
- ▼ $75,000 1789411819
- Days on Market
- 45
- MLS#
- 1009185
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 6
- Bathrooms
- 3
- Full Bathrooms
- 3
- Living Area
- 2,874
- Lot Size
- 7,405
- Neighborhood
- Destin Beach East
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.
/u.realgeeks.media/bwp850/BlueWave.png)
Additional Information
- Acres
- 0.17
- Appliances
- Dishwasher, Disposal, Microwave, Electric Water Heater
- Style
- Beach House
- Elementary School
- Destin
- Exterior Features
- Balcony, Irrigation Pump, Outdoor Shower, Sprinkler System, Storage
- High School
- Fort Walton Beach
- Interior Features
- Bookcases, Fireplace(s), In-Law Arrangement, Washer Hookup
- Legal Description
- Crystal Bch Lot 6 Blk 31 And The Adjacent Wly 22.5Ft Of Vacated Luke Ave Ord# 16-03-Cn Bk 3246 Pg 278
- Lot Features
- Cleared, Irregular Lot, Level, Wooded
- Middle School
- Destin
- Neighborhood
- Destin Beach East
- Parking Features
- Rv/Boat Parking, Detached, Detached, Other, Oversized, Rv/Boat Parking, Garage, Other
- Community Features
- Beach Access
- Stories
- 2
- Subdivision
- Crystal Beach
- Year Built
- 2003
- Zoning
- City, Resid Single Family
Mortgage Calculator
Listing courtesy of EXP Realty LLC.
Vendor Member Number : 28166