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4451 Luke Avenue, Destin, FL 32541

$3,550,000
  • 4451 Luke Avenue, Destin, FL 32541 Main Photo

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New to the Market Active
BEDS8 BATHS9 full SQUARE FEET4,476 MLS#999872
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCRYSTAL BEACH

Property Description

Short term rental powerhouse featuring a brand new 2024 professionally decorated beach home with private heated pool and splash deck in a fully fenced backyard, ping-pong room, covered balconies, and massive 20 person sleeping capacity to maximize revenue.Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.Just 2 blocks from Destin's famous sugar sand beach ensures high occupancy. Includes a complimentary six-seater golf cart, two paddleboards, and gas grill for added guest appeal.Designed from the ground up to ensure easy, low cost maintenance and best possible yield.Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings.Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved.Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection.Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations.The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.Most recent appraisal and inspections are included in the documents section of this listing.

4451 Luke Avenue | MLS# 999872

This single family home located at 4451 Luke Avenue, Destin, FL 32541 is currently listed for sale with an asking price of $3,550,000. This property was built in 2024 and has 8 bedrooms and 9 full baths with 4476 sq. ft. Luke Avenue is located in the CRYSTAL BEACH subdivision. Search CRYSTAL BEACH real estate on gonzalovillanueva.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Home Style: Contemporary
Lot Size: 0.18 Acres
Stories: 3.0
Taxes: $19,079
Year Built: 2024

Feature Descriptions

Community Features: Beach
Lot: Within 1/2 Mile to Water
Lot Dimensions: 50x163
Parcel Number: 00-2S-22-0580-0037-0020
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 12
Sewer: Public Sewer
Sub Type: Detached Single Family
Utilities: Electric, Public Water

Room Sizes

Kitchen: 13 X 15 Level - First
Bedroom: 13 X 13 Level - First
Bedroom: 13 X 13 Level - First
Living Room: 18 X 15 Level - First
Dining Area: 18 X 15 Level - First
Bedroom: 13 X 14 Level - Second
Bedroom: 18 X 14 Level - Second
Bedroom: 15 X 17 Level - Second
Bedroom: 16 X 13 Level - Second
Recreation Room: 18 X 30 Level - Third
Bedroom: 13 X 14 Level - Third
Bedroom: 13 X 13 Level - Third

Local Schools

High School: Fort Walton Beach
Middle School: Destin
Elementary School: Destin

Listed By / Shown By

Listed By

Agency Name: Century 21 Wimco Realty Inc

Shown By

Agent Name: Gonzalo Villanueva
Agent Phone: (850) 525-5849
Agency Title: Premier Property Group

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Estimated Payment

$ 10,526.09 per month $7,900.76 Principal & Interest $1,589.92 Property Tax $1,035.42 Homeowner's Insurance

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