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About This Home

This 8-bedroom, 9-bathroom single family at 4451 Luke Avenue in Destin, FL is listed for $3,550,000 ($793 per sqft). Built in 2024, the home offers 4,476 sqft of living space on a 0.18 acres lot.

Agent 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 (Equisource Holdings dba Legacy Beach Homes) 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. Seller will make all reasonable efforts to facilitate the transfer of future 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.

Key Features

  • Built in 2024
  • 0.18 acre lot
  • 3 stories

Property Details

3 stories
9 full
2024

Monthly Cost Estimate

$18,986/mo

20% down · 6.5% · 30 years

Principal$2,567
Interest$15,383
Insurance$1,035

Estimates only. Actual payments may vary.

Location

4451 Luke Avenue

Destin, FL 32541

CRYSTAL BEACH

Questions & Answers

This 8-bedroom, 9-bathroom single family at 4451 Luke Avenue is listed at $3,550,000 ($793/sqft). The estimated monthly payment is $15,383 based on 20% down at 6.5% interest.

Key features include: Built in 2024, 0.18 acre lot, 3 stories.

This property is listed by Ethan D Knight and can be reached at 7068879376 or ethanknight520@gmail.com.

EK

Ethan D Knight

Agent at Century 21 Wimco Realty Inc

(706) 887-9376

Listed by Century 21 Wimco Realty Inc · View on Broker Site

MLS# 999872· Source: listhub· Updated 57 days ago

Copyright © 2026 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.

4451 Luke Avenue, Destin, FL 32541

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