This exceptional 11-bedroom property, known as ''Poseidon's Palace,'' is a unique investor's dream in Crystal Beach, Destin's prime rental destination. Situated on a rare double lot, this oasis offers unparalleled space and privacy that is seldom found in the area. With rental figures already at $272,000 and projected to surpass an additional $100,000 by the end of the year, this property offers an excellent return on investment. Experience the ultimate coastal-style vacation in this luxurious three-story home that accommodates up to 30 guests. Boasting two living rooms, a spacious kitchen, two large dining tables, a kitchenette on the third floor with a secondary fridge and an extra ice-maker, two balconies, an arcade, and ten king bedroom suites, each with private bathrooms, this home...
- Price:
- $4,750,000
- Bedrooms:
- 11
- Full Baths:
- 11
- Half Baths:
- 1
- Square Footage:
- 6,373
- Acreage:
- 0.34
- Year Built:
- 2022
- Listing ID #:
- 921464
- Street Address:
- 4575 Luke Ave
- City:
- Destin
- State:
- Florida
- Postal Code:
- 32541
- County:
- Okaloosa
- Community:
- Destin
- Subarea:
- Destin Beach East
- Subdivision:
- Crystal Beach
- Listing Status:
- Active
- Listing Type:
- Detached Single Family
K-4
950 students
15 student/teacher
5-8
750 students
16 student/teacher
9-12
1747 students
16 student/teacher
- Construction Status:
- Construction Complete
- 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:
- 39
- Price Per Square Foot:
- 745.33
- 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
