4559 Luke Avenue Destin, FL 32541
Experience the ultimate in luxury and income producing home with a strong history since 2019 bringing in 200k to 280k a year! Currently over $130k on the books! With June and July averaging over 50k per month! This stunning 8 bedroom, 8 bathroom coastal modern home in the heart of Destin built in 2018 with no HOA. Boasting a spacious double lot (0.64 acres) with a large pool and elevator. This property is the perfect blend of luxury and income producing. Situated on a double-sized lot and within walking distance to the beach, this home offers the best of both worlds - a serene coastal oasis and a profitable rental machine. With rental income averaging $220K-$250k each year, this property is a smart investment for those looking to capitalize on the booming vacation rental market.
- Property TypeSingle Family Home
- NeighborhoodNo Recorded Subdivision
- CountyOkaloosa
- Taxes$18,603
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusActive
- MLS ID Number950207
- Home Size Source Public Records
- Year Built2018
- Lot Size0.64 Acres
- Full Baths8
- Partial Baths1
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General Features
- Style Contemporary
- Number of Stories 3
- Acreage 0.64
- Water Public
- Property Sub Type Single Family Residence
- Zoning Resid Single Family
Interior Features
- Cooling A C - High Efficiency
Exterior Features
- Roof Metal
- View Gulf
- Pool true
- Pool Features YesPrivate
- Private Pool true
- Exterior BalconyB B Q Pit/ GrillFenced Back YardFenced PrivacyPatio CoveredPool - HeatedPool - In- GroundSprinkler System
Community Features
- Community Features ElevatorsShort Term Rental - Allowed
- MLS Area 14 - Destin