4559 Luke Ave

Destin, FL 32541 View Map $3,350,000 Schedule a Tour
Beds8
Baths8Full11/2
Sq.Ft.4,339
Year2018
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Danny Margagliano

Danny Margagliano

(850) 613-0929
 
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For more information about this property located at No Recorded Subdivision that is currently for sale for $3,350,000 call/text Team Margagliano directly at 850-613-0929.
If you're wondering how much or if there are any HOA fees, you can scroll down and look for the "Tax and Financial" section. In that section, you will find out how much the HOA fees are and what is included.
Status: Active
Property Type:Detached Single Family
MLS #:950207
Sq. Feet:4,339
On Site:27 Days
Lot Size:27,878 Sq. Ft.
County:Okaloosa
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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:4559 Luke Ave, Destin, FL 32541
Area:Destin
County:Okaloosa
City:Destin
Subdivision/Condo:No Recorded Subdivision
Zip Code:32541

School Information

High School:Destin
Middle School:Destin
Elementary School:Destin

Architecture

Bedrooms: 8
Bathrooms: 8 Full / 1 Half
Year Built:2018
Stories:3
Construction Materials: Roof Metal

Features / Amenities

Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
Pool: Pool Type
Project Facilities: Short Term Rental Allowed, Elevators
Total Rooms:10

Rooms

LevelSize
BedroomFirst1 X 1
BedroomFirst1 X 1
BedroomSecond1 X 1
BedroomSecond1 X 1
BedroomSecond1 X 1
BedroomThird1 X 1
Dining AreaFirst1 X 1
LaundryFirst1 X 1
Living RoomFirst1 X 1
KitchenFirst1 X 1

Property Features

Lot Size: 0.64 Acres / 27,878 Sq. Ft.
Lot Dimensions:0.64 acres
View: Gulf
Water View: Gulf
Utilities: Public Water
Zoning:Resid Single Family
Directions:turn south off 98 turn first cross street onto Luke ave

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2023
Tax Annual Amount: $18,603.89
Legal Description: CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)

Schools

WALKING AND TRANSPORTATION

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4559 Luke Ave Destin,  FL 32541
GO SEE THIS LISTING
4559 Luke Ave Destin, FL 32541
 
ASAP
Fri
14
Jun
Sat
15
Jun
Sun
16
Jun
Mon
17
Jun
Tue
18
Jun
Wed
19
Jun
Thu
20
Jun
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 6/13/2024
Listing provided courtesy of Avantstay Southeast LLC.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024, All rights reserved.

Vendor ID #28307