6 months on rocket

4550 Luke Ave, Destin, FL, 32541

$3,199,000

8 Bedrooms
8 Full Baths
4,956 SqFt
$645/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built2024
HeatingCentral
CoolingCentral Air
ViewGulf
Private PoolYes
MLS #950807
Lot Size0.17 Acres
StatusActive

About 4550 Luke Ave

Introducing a stunning, brand-new construction beach house in the highly sought-after Crystal Beach neighborhood of Destin, FL. This luxurious 3-story home features 8 spacious bedrooms, making it the perfect retreat for large families or groups seeking a relaxing coastal getaway. Rental Projections are $280k+. As you step inside, you are greeted by an expansive open-concept living area on the main floor, elegantly designed with stunning wood beams, sleek finishes and ample natural light. This stunning kitchen offers stainless steel appliances, tile backsplash from countertop to ceiling, sleek quartz countertops, and a large island with seating for casual dining. The house offers not one, but two living areas on the main level, providing plenty of space for entertainment and relaxation. Both living areas on the ground floor flow seamlessly into the dining space & kitchen. There is an additional sitting area on the second floor that offers a more intimate setting, perfect for enjoying quiet evenings or watching movies. The second floor also offers 4 additional bedrooms, each with their own en-suite bathroom. The home features a well-appointed bunk room on the third floor, designed with children and teens in mind, offering a fun and comfortable space for them to enjoy. Each of the 8 bedrooms is thoughtfully designed to provide a serene retreat, with ample storage and en-suite or nearby bathroom access. Also, from the third floor, enjoy enchanting views of the Gulf of Mexico, reminding you of your proximity to the beautiful white sandy beaches Destin is famous for. One of the highlights of this magnificent property is the private heated pool and spa, ideal for year-round enjoyment. The pool area is surrounded by a spacious deck, perfect for sunbathing, outdoor dining, and hosting poolside gatherings. The location of this beach house is unbeatable, just a short stroll away from the beach, local dining, shopping, and entertainment options. This Crystal Beach gem combines modern luxury with the charm of coastal living, making it an ideal investment for a vacation rental or a dreamy permanent residence. Dont miss the opportunity to own this exquisite piece of paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2024
  • Stories: 3
  • Living Area: 4,956 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Elizabeth A Belter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Beamed Ceilings, Kitchen Island, Owners Closet, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Lot-All, Hot Tub, Pool - Heated, Pool - In-Ground, Sprinkler System

Lot Features

Lot Information:

  • Lot: Corner Lot, Within 1/2 Mile to Water
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 98, turn south onto Crystal Beach Drive. At the stop sign, turn left onto Luke Avenue. Home will be on the righthand side of the road, on the corner of Luke and Pompano St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,199,000
  • Price Per SqFt: $645/SqFt

Tax Information:

  • Annual Amount: $1,889
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4550 Luke Ave vs Destin

205 DAYS ON ROCKET

+88 Days

$3,199,000

+$2.5M More

$645/SqFt

+$265 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $265/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #950807

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Elizabeth A Belter

IDX Information Deemed Reliable but not guaranteed. The 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:51:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 23, 1997Home Sold
$136,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,889$189,377
2018$1,843$181,667
2017$1,837$177,930

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,657

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-134467
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 4.51 miles

  • Public District Grades PK-4

school-card-donut-134468
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.28 miles

  • Public District Grades KG-5

school-card-donut-134469
9
/10
  • James E. Plew Elementary School

  • 220 Pine Ave

  • 9.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,149. The majority of Destin, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4550 Luke Ave

What is the listing price of this property?

The listing price of 4550 Luke Ave property is $3,199,000.

What type of property is this?

The property 4550 Luke Ave is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4550 Luke Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,889 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 23, 1997 for $136,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4550 Luke Ave has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 4550 Luke Ave is 4,956 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4550 Luke Ave is 2024.
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Rocket HomesFloridaOkaloosa CountyDestin325414550 Luke Ave

This home is located at 4550 Luke Ave in Destin, FL and zip code 32541. This 4,956 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 27, 2024 and is currently priced at $3,199,000.

In November 2024, from all listings sold in Destin, FL there were more than 0 sold above asking price, over 31 sold below and more than 4 were sold right at the asked price. The number of listings in Destin, FL increased by 4.6% between October 2024 and November 2024. In November 2024, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $627,355.

From Rocket Homes Real Estate and based on county public records data.

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