4559 Luke Avenue, Destin, FL 32541
Local realty services provided by:ERA Neubauer Real Estate, Inc.
4559 Luke Avenue,Destin, FL 32541
$2,599,000
- 8 Beds
- 9 Baths
- 4,339 sq. ft.
- Single family
- Active
Listed by:jw group
Office:scenic sotheby's international realty
MLS#:974783
Source:FL_ECAR
Price summary
- Price:$2,599,000
- Price per sq. ft.:$598.99
About this home
Situated on a rare double lot in Destin’s sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history—consistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential.
Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet bar—ideal for family fun or post-beach wind-downs.
Each bedroom offers a private escape with ensuite baths and refined coastal décor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location.
Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.
Contact an agent
Home facts
- Year built:2018
- Listing ID #:974783
- Added:153 day(s) ago
- Updated:September 25, 2025 at 02:55 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:9
- Full bathrooms:8
- Half bathrooms:1
- Living area:4,339 sq. ft.
Structure and exterior
- Year built:2018
- Building area:4,339 sq. ft.
- Lot area:0.64 Acres
Schools
- High school:Destin
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$2,599,000
- Price per sq. ft.:$598.99
- Tax amount:$19,636 (2024)
New listings near 4559 Luke Avenue
- New$950,000Active3 beds 3 baths2,067 sq. ft.
57 Kokomo Row, Destin, FL 32541
MLS# 986190Listed by: SCENIC SOTHEBY'S INTERNATIONAL REALTY - New$899,000Active3 beds 3 baths1,922 sq. ft.
725 Gulf Shore Drive #203B, Destin, FL 32541
MLS# 986178Listed by: EMERALD COAST VACATION RENTALS & SALES - New$699,000Active4 beds 3 baths2,539 sq. ft.
200 Wekiva Cove, Destin, FL 32541
MLS# 986184Listed by: BETTER HOMES AND GARDENS REAL ESTATE EMERALD COAST - New$999,900Active2 beds 3 baths1,248 sq. ft.
202 Henderson Resort Way #1303, Destin, FL 32541
MLS# 986163Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST - New$289,000Active1 beds 1 baths813 sq. ft.
3857 Indian Trail #108, Destin, FL 32541
MLS# 986116Listed by: THE KETCHERSID GROUP LLC - New$1,299,000Active3 beds 3 baths1,459 sq. ft.
202 Henderson Resort Way #1204, Destin, FL 32541
MLS# 986043Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST - New$575,000Active2 beds 3 baths1,723 sq. ft.
930 Gulf Shore Drive #7, Destin, FL 32541
MLS# 986036Listed by: ALL COUNTY EMERALD COAST PROPETY MANAGEMENT - New$995,000Active2 beds 2 baths1,292 sq. ft.
223 Durango Road #7D, Destin, FL 32541
MLS# 986031Listed by: SCENIC SOTHEBY'S INTERNATIONAL REALTY - New$524,000Active2 beds 3 baths1,836 sq. ft.
900 Gulf Shore Drive #1, Destin, FL 32541
MLS# 985973Listed by: REALJOY REALTY LLC - New$1,075,000Active4 beds 3 baths2,709 sq. ft.
943 Emerald Bay Drive, Destin, FL 32541
MLS# 986013Listed by: WORLD IMPACT REAL ESTATE