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$4,995,000
4575 Luke Ave, Destin, FL 32541
11 Beds
12 Baths
6,373 SqFt

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Priced almost 200k below August 2022's appraisal! This 11 bedroom investor oasis was just finished in July and is like nothing else available in Destin's elite rental capital of Crystal Beach! Sitting on a rare double lot, ''Poseidon's Palace'' offers the space and privacy rarely found in our area. Rental projections exceed $432,000 and this home features 9 bedrooms in the main home and a 2 bedroom carriage house. This home is sold fully furnished with rentals on the books. Enjoy the private pool, easy access to the beach, and not having to pay any HOA fees. Brand new construction, excellent location near amazing shopping/restaurants, and astounding rental income opportunities are just a few reasons this home should be at the top of your list, as it truly is one of a kind! Call today...
  • Price:
  • $4,995,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 11
  • Half Baths:
  • 1
  • Square Footage:
  • 6,373
  • Acreage:
  • 0.34
  • Year Built:
  • 2022
  • Listing ID #:
  • 902859
  • Street Address:
  • 4575 Luke Ave
  • City:
  • Destin
  • State:
  • Florida
  • Postal Code:
  • 32541
  • County:
  • Okaloosa
  • Community:
  • Destin
  • Subarea:
  • Destin Beaches East
  • Subdivision:
  • Crystal Beach
  • Listing Status:
  • Active
  • Listing Type:
  • Detached Single Family
5
out of 5

Destin Elementary School
Public
School Grade Level K-4
School Students 950 students
School Teachers 15 student/
teacher
4
out of 5

Destin Middle School
Public
School Grade Level 5-8
School Students 750 students
School Teachers 16 student/
teacher
4
out of 5

Fort Walton Beach High School
Public
School Grade Level 9-12
School Students 1747 students
School Teachers 16 student/
teacher
  • Construction Status:
  • Under Construction
  • Exterior Features:
  • Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground
  • Interior Features:
  • Floor Vinyl, Furnished - All, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup
  • Siding:
  • Foundation Off Grade, Roof Metal, Siding Cmntfbrhrdbrd
  • Square Footage Source:
  • Building Plan
  • Stories:
  • 3.0
  • Style:
  • Beach House
  • Total Building Square Footage:
  • 6373
  • Year Built:
  • 2022
  • Conforms To Zoning:
  • Resid Single Family
  • Lot Features:
  • Within 1/2 Mile To Water
  • Days On Market:
  • 86
  • Price Per Square Foot:
  • 783.78
  • Living Room:
  • First
  • Total Rooms:
  • Bedroom, Dining Area, Living Room
  • Driveway:
  • 9.00
  • Pool Description:
  • Yes
  • Pool Type:
  • Private
  • Appliances:
  • Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/Icemk, Smoke Detector, Washer
  • Energy Description:
  • Ac - 2 Or More, Ac - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Gas
  • Utilities:
  • Electric, Gas - Natural, Public Sewer, Public Water
  • Water View Description:
  • Gulf
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Scenic Sotheby's International Realty
  • ECAR

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