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4575 Luke Avenue, Destin, FL 32541

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For Sale

$3,395,000

11 beds • 11 baths • 1 half baths • 6,373 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $532.72
    Price per square foot

  • 1-5 Years Old
    Age

  • Hot Tub Spa
    Amenities

Explore this Property

4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers lucrative investment numbers of $289K YTD for 2025, $303K for 2024 and $325K for 2023 This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene oasis. The addition of a carriage house provides ample space and flexibility for large groups. Enjoy modern comforts with multiple living rooms, kitchenettes, and a game room. Enjoy the beautiful Emerald Coast beaches in less than a 4-minute walk!
MLS# 966490

Courtesy Of Compass Florida, LLC

(850) 296-9769

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Hot Tub Spa
  • Appliances
    Cooktop, Dishwasher, Dryer, Freezer, Microwave, Washer
  • Architecture Style
    Other
  • Floor Covering
    Vinyl
  • Lot Size
    0.34 Acres
  • Rooms
    Living Room

Map and Directions

Directions to 4575 Luke Avenue, Destin, FL 32541

Home seller CENTURY 21 BE3

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CENTURY 21 BE3

(800) 541-9923
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.