4575 Luke Avenue

Destin, FL 32541

$3,995,000
Price
11
Beds
11
Baths
1
1/2 Bath
6,373 Sq. Ft.
$627 / Sq. Ft.
6,373
Sq. Ft.
$627
per Sq. Ft.

Description

4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers luxurious living and lucrative investment potential. The annual base rate projections are $386,000 with $283,000 already on the books for 2024. This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene...4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers luxurious living and lucrative investment potential. The annual base rate projections are $386,000 with $283,000 already on the books for 2024. This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene oasis. The addition of a carriage house provides ample space and flexibility for large groups. Enjoy modern comforts with multiple living rooms, kitchenettes, and a game room. Enjoy the beautiful Emerald Coast beaches in less than a 4-minute walk!

Listing Agent

  1. Jessica Foy

    Jessica Foy

    Listing Agent

    Compass

    jessica.foy@compass.com

    P: (757)-675-9333

Property Details for 4575 Luke Avenue

Subdivision
CRYSTAL BEACH
MLS Sub Area
1404 - Destin Beach East
Zoning
Resid Single Family
LISTING UPDATED: 11/19/2024 01:01 PM

Property Details for 4575 Luke Avenue

StatusActive
MLS #944531
Days on Market253
Taxes$37,906 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached Single Unit
Year Built2022
Lot Size0.34 AC / 14,810 SF
CountyOkaloosa County

Building Information for 4575 Luke Avenue

Stories3Year Built2022Building Size-Lot Size0.34 AC / 14,810 SF

Property Information for 4575 Luke Avenue

Summary
Location and General Information
  • Absolute Longitude: 86.416466
  • Directions: From Hwy 98, turn South on Regatta Bay Blvd and drive straight until you reach the four way stop. Turn Right on Luke and home will be on your right just before Tarpon St.
  • Longitude: -86.416466
  • Latitude: 30.385193
Taxes and HOA Information
  • Assessment Fees: No
  • Last Tax Year: 2023
School Information
  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle School: Destin
Utilities
  • Utilities: Electric,Gas - Natural,Public Sewer,Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
  • Driveway Spaces: 9.0
Lot Information
  • Stories: 3.00
  • Area: 14 - Destin
  • Building Design: Beach House
  • Lot Dimensions: 97x153x97x153
  • Lot Features: Coastal Barrier Zone: No
  • Lot Parcel Access: Paved Road
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Game Room,Laundry,Pool,Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Fenced Back Yard, Hot Tub, Pool - In-Ground
  • Homestead: No
  • Pool: Yes
  • Pool Type: Private
Interior Features
  • Appliances: Cooktop,Dishwasher,Dryer,Freezer,Microwave,Smoke Detector,Washer
  • Energy: AC - 2 or More,AC - Central Elect,Double Pane Windows,Heat Cntrl Electric,Water Heater - Gas
  • Interior: Floor Vinyl, Kitchen Island, Lighting Recessed
Room Information
Room Information
  • Bedroom: First,Second,Third
  • Living Room: First
  • Master Bedroom and Master Bathroom: MBed First Floor
  • Rooms: Bedroom,Dining Area,Living Room
Room 1
  • Dimensions: 28 x 17
  • Length: 28.0
  • Width: 17.0
  • Level: 1
  • Area: 476.0
Room 2
  • Dimensions: 14 x 17
  • Length: 14.0
  • Width: 17.0
  • Level: 1
  • Area: 238.0
Room 3
  • Dimensions: 13.5 x 13
  • Length: 13.5
  • Width: 13.0
  • Level: 1
  • Area: 175.5
Room 4
  • Dimensions: 18.5 x 14.5
  • Length: 18.5
  • Width: 14.5
  • Level: 1
  • Area: 268.25
Room 5
  • Dimensions: 15.75 x 13.5
  • Length: 15.75
  • Width: 13.5
  • Level: 2
  • Area: 212.63
Room 6
  • Dimensions: 14 x 12
  • Length: 14.0
  • Width: 12.0
  • Level: 2
  • Area: 168.0
Room 7
  • Dimensions: 17.5 x 13.5
  • Length: 17.5
  • Width: 13.5
  • Level: 2
  • Area: 236.25
Room 8
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0
  • Level: 2
  • Area: 196.0
Room 9
  • Dimensions: 15.75 x 9
  • Length: 15.75
  • Width: 9.0
  • Level: 3
  • Area: 141.75
Room 10
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0
  • Level: 3
  • Area: 180.0
Room 11
  • Dimensions: 17.5 x 10.75
  • Length: 17.5
  • Width: 10.75
  • Level: 3
  • Area: 188.13
Room 12
  • Dimensions: 14 x 13
  • Remarks: Carriage House
  • Length: 14.0
  • Width: 13.0
  • Level: 2
  • Area: 182.0
Room 13
  • Dimensions: 12 x 13
  • Remarks: Carriage House
  • Length: 12.0
  • Width: 13.0
  • Level: 2
  • Area: 156.0
Rental
Rental Information
  • Is Subject Leased: No

Property History for 4575 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 4575 Luke Avenue

Taxable ValueLand$822,116Additions$2,350,906Total$3,173,022
Tax Record2023$37,906 ($3,159 / month)
Home Facts
Beds3Total Finished SqFt1,568 SqFtAbove Grade Finished SqFt1,568 SqFtStories1Lot Size15,014 SqFtStyleSingle Family ResidenceYear Built1957CountyOKALOOSAAPN00-2S-22-0580-0030-0010Fireplace TypeHas Fireplace

Schools near 4575 Luke Avenue

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

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

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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4575 Luke Avenue is a single family home for sale in Destin, FL 32541. This property was listed for sale on March 12, 2024 by Compass, it's currently listed at $3,995,000. It has been on the market for a total of 253 days and was last sold on December 17, 2020. This listing's school district is Okaloosa. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 4575 Luke Avenue is a 11-bed, 11.5-bath, 6,373 sqft single family home built in 2022.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.