4431 Luke Ave | Image 1
4431 Luke Ave | Image 2
4431 Luke Ave | Image 3
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4431 Luke Ave | Image 7

$1,699,000

For Sale

A year ago

4431 Luke Ave, Destin, FL

House

MLS® 971822

7 Bed

6 Bath

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $9,614
Days Active 365
Lot Size 0.32 acres
Approx. Age 1991
MLS® Number 971822

Property Address: 4431 Luke Ave, Destin, FL, 32541-3585

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number971822
Laundry Level
Central VacNo
FireplaceNo
Acreage0.32
Exterior
GarageNo
Approx. Age1991
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:First Floor18 × 24 ft
Master Bedroom:First Floor12 × 13 ft
Other:First Floor1 × 1 ft
Kitchen:First Floor9 × 10 ft
Other:First Floor1 × 1 ft
Other:First Floor1 × 1 ft
Other:First Floor12 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 21, 2025List Date
$1,699,000List Price
  • Commute

Commute

Starting Address
Destination Address
4431 Luke Ave, Destin, FL

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