4431 Luke Avenue, Destin, FL 32541
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
4431 Luke Avenue,Destin, FL 32541
$1,699,000
- 7 Beds
- 6 Baths
- 2,829 sq. ft.
- Single family
- Active
Listed by: kendra r sheikho, terry j pilcher
Office: coldwell banker realty
MLS#:971822
Source:FL_ECAR
Price summary
- Price:$1,699,000
- Price per sq. ft.:$600.57
About this home
Welcome to an exceptional coastal retreat in the heart of Crystal Beach, where location, flexibility, and investment potential converge. Just two blocks from beach access and positioned on a desirable south-facing homesite, this impressive property offers sunshine-filled living and outstanding versatility.
Spanning approximately 2,869 square feet, the residence includes a 4-bedroom, 3-bath main home complemented by a separate 3-bedroom, 3-bath guest house—ideal for hosting extended family, accommodating guests, or maximizing rental flexibility. Thoughtfully designed for comfort and function, the layout supports both personal enjoyment and income-producing use. Outdoor living shines with an in-ground pool, elegant paver driveway, and a rare 1.5-lot homesite, a true standout in Crystal Beach. Offered fully furnished, this turn-key property allows for immediate enjoyment or seamless continuation of its current use.
The home has been utilized as a short-term rental and has demonstrated strong historical rental performance, with seller-provided figures indicating approximately $90,000-$110,000 in annual gross rental income (buyer to independently verify). Additionally, vacant lots in Crystal Beach have recently been marketed at approximately $1,000,000, underscoring the value of this location.
Whether you're seeking a coastal second home, a multi-generational beach retreat, or a property with income potential, this Crystal Beach opportunity delivers on lifestyle and location.
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Home facts
- Year built:1991
- Listing ID #:971822
- Added:345 day(s) ago
- Updated:February 24, 2026 at 03:52 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:9
- Kitchen Description:Dishwasher, Oven Self Cleaning, Refrigerator/Icemaker, Stove/Oven Electric
- Living area:2,829 sq. ft.
Structure and exterior
- Year built:1991
- Building area:2,829 sq. ft.
- Lot area:0.32 Acres
- Architectural Style:Florida Cottage
Schools
- High school:Fort Walton Beach
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,699,000
- Price per sq. ft.:$600.57
- Tax amount:$9,614 (2023)
Features and amenities
- Appliances:Dishwasher, Oven Self Cleaning, Refrigerator w/Ice Maker, Stove/Oven Electric
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