4559 Luke Avenue

Destin, FL 32541

$3,350,000
Price
8
Beds
8
Baths
1
1/2 Bath
4,339 Sq. Ft.
$772 / Sq. Ft.
4,339
Sq. Ft.
$772
per Sq. Ft.

Description

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...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.
  1. Listed by Jonathan P Howard • AvantStay Southeast LLC

Property Details for 4559 Luke Avenue

Subdivision
NO RECORDED SUBDIVISION
MLS Sub Area
1404 - Destin Beach East
Water View
Gulf
Zoning
Resid Single Family

Location

Listing Courtesy of AvantStay Southeast LLC
Add your commute
LISTING UPDATED: 05/19/2024 09:27 AM

Property Details for 4559 Luke Avenue

StatusActive
MLS #950207
Days on Market23
Taxes$18,604 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2018
Lot Size0.64 AC / 27,878 SF
CountyOkaloosa County

Location

Listing Courtesy of AvantStay Southeast LLC
Add your commute

Building Information for 4559 Luke Avenue

Stories3Year Built2018Building Size-Lot Size0.64 AC / 27,878 SF

Payment Calculator

$19,833 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,282

Property Taxes

$1,550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4559 Luke Avenue

Summary
Location and General Information
  • Absolute Longitude: 86.417649
  • Directions: turn south off 98 turn first cross street onto Luke ave
  • Longitude: -86.417649
  • Latitude: 30.38533
Taxes and HOA Information
  • Assessment Fees: No
  • Last Tax Year: 2023
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Stories: 3.00
  • Area: 14 - Destin
  • Building Design: Contemporary
  • Lot Dimensions: 0.64 acres
Property and Assessments
  • Project Facilities: Elevators,Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Homestead: No
  • Pool: Yes
  • Pool Type: Private
Interior Features
  • Energy: AC - High Efficiency
Room Information
Room Information
  • Bedroom: First,Second,Third
  • Living Room: First
  • Rooms: Bedroom,Dining Area,Kitchen,Laundry,Living Room
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Room 2
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Room 3
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 2
  • Area: 1.0
Room 4
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 2
  • Area: 1.0
Room 5
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 2
  • Area: 1.0
Room 6
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 3
  • Area: 1.0
Room 7
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Room 8
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Room 9
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Room 10
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Level: 1
  • Area: 1.0
Rental
Rental Information
  • Is Subject Leased: No
  • Immediate Occupancy: No

Property History for 4559 Luke Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4559 Luke Avenue

Taxable ValueLand$493,270Additions$1,311,004Total$1,804,274
Tax Record2023$18,604 ($1,550 / month)
Home Facts
Beds7Total Finished SqFt4,339 SqFtAbove Grade Finished SqFt4,339 SqFtStories3Lot Size27,717 SqFtStyleSingle Family ResidenceYear Built2018CountyOKALOOSAAPN00-2S-22-0580-0031-0010Fireplace TypeHas Fireplace

Schools near 4559 Luke Avenue

This home is within Okaloosa.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Okaloosa Stemm Center
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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4559 Luke Avenue is a single family home for sale in Destin, FL 32541. This property was listed for sale on May 18, 2024 by AvantStay Southeast LLC, it's currently listed at $3,350,000. It has been on the market for a total of 23 days and was last sold on November 20, 2018. This listing's school district is Okaloosa. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 4559 Luke Avenue is a 8-bed, 8.5-bath, 4,339 sqft single family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AvantStay Southeast LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.