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4559 Luke Avenue, Destin, FL 32541
$3,350,000
4559 Luke Avenue, Destin, FL 32541View this property at 4559 Luke Avenue, Destin, FL 32541
4559 Luke AvenueDestinFL32541
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Property 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 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.
Full Property Details
Full Property Details for 4559 Luke Ave
General
- Price: $3,350,000
- Taxes: $18,603 (2023)
- Status: Active
- Type: Single Family
- MLS ID: 950207
- Updated: 5/18/2024
- Added to Site: 14 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Kitchen, Laundry, Living Room
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 8
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Elevators, Short Term Rental - Allowed
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: No Recorded Subdivision
- Driving Directions: turn south off 98 turn first cross street onto Luke ave
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - High Efficiency
Utilities
- Utility Description: Public Water
Structural Information
- Architectural Style: Contemporary
- Construction: Roof Metal
- Stories/Levels: 3
- Square Feet: 4,339
- Sq. Ft. Source: County PA Records
- Year Built: 2018
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.64
- Lot Dimensions: 0.64 acres
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $18,603
- Tax Year: 2023
Disclosures and Reports
- Legal Description: CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)
- APN: 00-2S-22-0580-0031-0010
Listed by AvantStay Southeast LLC
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Schools
Schools serving 4559 Luke Ave
School District:Okaloosa County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4608 Legendary Marina Dr, Destin, FL 32541 | 5-8 | 1 mi | |
630 Kelly St, Destin, FL 32541 | PK-5 | 4.5 mi | |
400 Hollywood Blvd Sw, Ft Walton Bch, FL 32548 | 9-12 | 13.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4559 Luke Ave
Date
Details
Price
Change
Source
5/18/2024
Listed
$3,350,000
123.33%
MLS
11/20/2018
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4559 Luke Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,604
34%
$1,804,274
62%
2021
$13,837
-14%
$1,114,227
-24%
2022
$16,062
16%
$1,457,261
39%
2021
$13,837
6%
$1,046,636
1%
2019
$13,098
341%
$1,032,576
347%
2018
$2,968
16%
$231,120
18%
2017
$2,559
-55%
$195,840
-55%
2016
$5,670
6%
$437,878
6%
2015
$5,355
13%
$411,453
16%
2014
$4,739
7%
$353,403
8%
2013
$4,417
—
$326,646
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4559 Luke Ave
4559 Luke Avenue, Destin, FL 32541 (MLS# 950207) is a Single Family property with 8 bedrooms, 8 full bathrooms and 1 partial bathroom. 4559 Luke Avenue is currently listed for $3,350,000 and was received on May 18, 2024. Want to learn more about 4559 Luke Avenue? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.