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$3,550,000
Property Description
Short term rental powerhouse featuring a brand new 2024 professionally decorated beach home with private heated pool and splash deck in a fully fenced backyard, ping-pong room, covered balconies, and massive 20 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Just 2 blocks from Destin's famous sugar sand beach ensures high occupancy. Includes a complimentary six-seater golf cart, two paddleboards, and gas grill for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
Full Property Details
Full Property Details for 4451 Luke Ave
General
- Price: $3,550,000
- Taxes: $19,079 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 999872
- Updated: 4/13/2026
- Added to Site: 9 day(s) ago
Rental Information
- Complex Features: Beach
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 8
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: CRYSTAL BEACH
- Driving Directions: From US Highway 98, turn south onto Regatta Bay Blvd. Continue on Regatta Bay Blvd, then turn west onto Luke Ave. Follow Luke Ave; the property will be on your right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Contemporary
- Stories/Levels: 3
- Square Feet: 4,476
- Sq. Ft. Source: County PA Records
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Dimensions: 50 x 163
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $19,079.95
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Crystal Beach Lot 2 Blk 37
- APN: 00-2S-22-0580-0037-0020
- Property ID: 00-2S-22-0580-0037-0020
Listed by Century 21 Wimco Realty Inc
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Schools
Schools serving 4451 Luke Ave
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 0.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 4 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 12.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4451 Luke Ave
Date
Details
Price
Change
Source
4/05/2026
Listed
$3,550,000
404.98%
MLS
2/03/2023
Sold
$703,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4451 Luke Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,080
211%
$1,611,006
211%
2024
$6,131
55%
$517,532
26%
2023
$3,962
35%
$411,058
60%
2021
$2,942
-19%
$257,040
-31%
2022
$3,640
24%
$373,689
53%
2021
$2,942
9%
$244,800
36%
2019
$2,689
17%
$180,590
10%
2018
$2,289
12%
$164,173
1%
2017
$2,042
16%
$163,200
20%
2016
$1,762
4%
$135,680
6%
2015
$1,696
9%
$127,995
11%
2014
$1,555
—
$115,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4451 Luke Ave
4451 Luke Avenue, Destin, FL 32541 (MLS# 999872) is a Single Family property with 8 bedrooms and 9 full bathrooms. 4451 Luke Avenue is currently listed for $3,550,000 and was received on April 05, 2026. Want to learn more about 4451 Luke Avenue? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.
