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About This Home
This 7-bedroom, 6-bathroom single family at 4431 Luke Avenue in Destin, FL is listed for $1,549,000 ($548 per sqft). Built in 1991, the home offers 2,829 sqft of living space on a 0.32 acres lot.
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.
Key Features
- Built in 1991
- 0.32 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,284/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4431 Luke Avenue
Destin, FL 32541
CRYSTAL BEACH
Property Details
Flooring
Construction
Cooling
Appliances
Questions & Answers
This 7-bedroom, 6-bathroom single family at 4431 Luke Avenue is listed at $1,549,000 ($548/sqft). The estimated monthly payment is $6,712 based on 20% down at 6.5% interest.
Key features include: Built in 1991, 0.32 acre lot.
This property is listed by Kendra R Sheikho and can be reached at 3154056744 or kendra.sheikho@cbrealty.com.






