About This Home
This 6-bedroom, 3-bathroom single family at 4571 Luke Avenue in Destin, FL is listed for $1,700,000 ($592 per sqft). Built in 2003, the home offers 2,874 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 2003
- 0.17 acre lot
- 2 stories
- 7 parking spaces
- Fireplace
Property Details
Amenities
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. Enjoy a close beach access, spacious outdoor living, and ample parking for boats or RVs, all just minutes from Destin's best shopping, dining, and entertainment. Move-in ready with proven cash flow and real upside, this is a rare chance to own a well-designed, income-producing beach home with a clear runway to maximize its potential in one of Destin's most sought-after coastal communities.
Monthly Cost Estimate
$9,092/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4571 Luke Avenue
Destin, FL 32541
CRYSTAL BEACH
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 3-bathroom single family at 4571 Luke Avenue is listed at $1,700,000 ($592/sqft). The estimated monthly payment is $9,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2003, 0.17 acre lot, 2 stories, 7 parking spaces, Fireplace. Interior Features: Built-In Bookcases, Fireplace, Guest Quarters. Exterior Features: Balcony, Lawn Pump, Separate Bldg Rent.
This property is listed by Joseph A Rohne and can be reached at 6362362191.
