4571 Luke Avenue
Destin, FL 32541
$1,700,000
Active
Description
Just moments from the sugar-white sands of Crystal Beach, this 6 bedroom, 3-bath coastal retreat is already nicely designed, comfortable, and generating serious income -- but it has plenty of room to take it over the top and force appreciation with a few more key updates and over the top design.
The thoughtfully laid-out main home is paired with a private guest house above the detached garage -- ideal for short-term rental income, multi-generational living, or hosting guests. The bones and layout deliver beach cottage charm today, and the numbers back it up: this turnkey property generated over $190,000 in gross rental revenue in 2025, with 2026 already trending the same. With a handful of targeted upgrades, there's a clear path to push both the guest experience and the income even higher. Enjoy a close beach access, spacious outdoor living, and ample parking for boats or RVs, all just minutes from Destin's best shopping, dining, and entertainment.
Move-in ready with proven cash flow and real upside, this is a rare chance to own a well-designed, income-producing beach home with a clear runway to maximize its potential in one of Destin's most sought-after coastal communities.
Listing details MLS# 1009185
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1404 - Destin Beach East
- Subdivision
- CRYSTAL BEACH
- County
- Okaloosa
- Parcel ID
- 00-2S-22-0580-0031-0060
- Tax year
- 2025
- Annual tax
- 11976.28
- Legal description
- Crystal Bch Lot 6 Blk 31 And The Adjacent Wly 22.5Ft Of Vacated Luke Ave Ord# 16-03-Cn Bk 3246 Pg 278
- Zoning
- City, Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2003
- Acreage
- 0.17
- Lot size (sq ft)
- 7405.2
- Lot dimensions
- 72.5 X 150
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Full baths
- 3
- Half baths
- 0
- Building area
- 2874
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Interior features
- Built-In Bookcases, Fireplace, Guest Quarters, Washer/Dryer Hookup
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
- Total rooms
- 8
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd, Trim Wood, Other N/A
- Roof
- Roof Metal
- Foundation
- Slab
- Exterior features
- Balcony, Lawn Pump, Separate Bldg Rent, Shower, Sprinkler System, Yard Building
- Patio and porch
- Porch
- Parking
- Garage, Boat, Detached, Garage Detached, Oversized, RV, See Remarks, Other
- Garage spaces
- 2
- Pool
- Yes
- Pool features
- Pool Type
- Fencing
- Fenced Lot-Part
- Road surface
- Paved
- Road frontage
- City Street
Utilities
- Utilities
- Electric, Phone, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Fort Walton Beach
Remarks and Misc
- Directions
- From Old Highway 98, travel east to Crystal Beach Drive and turn north. Continue to Luke Avenue and turn right. The home will be on the left-hand side.