The Story

4571 Luke Avenue

Destin, FL 32541 · Home

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. …


Facts & Features

Property Info

Price
$1,925,000
Completion Year
2,003
Living Space
2,874 sq ft
Floors
2
Bedrooms
6
Bathrooms
3
Garage
2 spaces

Features & Amenities

Pool

Yes

Garage / Parking

2 spaces

Cooling

Ceiling Fans, Central Air

Heating

Central

Appliances

Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect

Lot Information

Cleared, Interior, Level, Within 1/2 Mile to Water, Wooded

Exterior

Balcony, Lawn Pump, Separate Bldg Rent, Shower, Sprinkler System, Yard Building

Sewer

Public Sewer

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Listing Broker

EXP Realty LLC

Broker Name

EXP Realty LLC

Agent

Joseph A Rohne