4575 Luke Avenue is an investors dream! Located in Crystal Beach, the heart of Destin. This stunning property offers luxurious living and lucrative investment potential. Rental actuals for 2023 were $325k and 2024 YTD is at $303k. This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene oasis. The addition of a carriage house provides ample space and flexibility for large groups. Enjoy modern comforts with multiple living rooms, kitchenettes, and a game room. Enjoy the beautiful Emerald Coast beaches in less than a 4-minute walk!
Exterior: Fenced Back Yard, Hot Tub, Pool - In-Ground
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Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From Hwy 98, turn South on Regatta Bay Blvd and drive straight until you reach the four way stop. Turn Right on Luke and home will be on your right just before Tarpon St.
Price Information
Listing Price Info
Price Summary:
List Price: $3,850,000
Price Per SqFt: $604/SqFt
Tax Information:
Annual Amount: $4,594
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Destin, FL.
This property is $3.2M more than the Median Sold Price and $224/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: #944531
Listing Office:
Office Name: Compass
Office Email: brokerfl@compass.com
Listing Agent: Jessica H Foy
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
DATE
EVENT
PRICE
Dec 18, 2020
Dec 18, 2020Home Sold
$485,000
Aug 08, 2018
Aug 08, 2018Home Sold
$450,000
Jan 21, 2009
Jan 21, 2009Home Sold
$280,000
May 07, 2003
May 07, 2003Home Sold
$212,000
Jul 08, 2002
Jul 08, 2002Home Sold
$52,143
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,594
$367,200
2018
$3,942
$277,769
2017
$3,475
$279,066
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Destin Elementary School
630 Kelly St
Distance between this listing and this school4.61 miles
Public District Grades PK-4
10
/10
Bluewater Elementary School
4545 Range Rd
Distance between this listing and this school7.26 miles
Public District Grades KG-5
9
/10
James E. Plew Elementary School
220 Pine Ave
Distance between this listing and this school9.28 miles
Public District Grades KG-5
Nearby Schools
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school1.10 miles
Public District Grades 5-8
7
/10
Lewis School
281 Mississippi Ave
Distance between this listing and this school8.72 miles
Public District Grades KG-8
7
/10
C.W. Ruckel Middle School
201 Partin Dr N
Distance between this listing and this school10.10 miles
Public District Grades 6-8
Nearby Schools
7
/10
Niceville High School
800 John Sims Pkwy E
Distance between this listing and this school10.01 miles
Public District Grades 9-12
9
/10
Collegiate High School at Northwest Florida State College
100 College Blvd E
Distance between this listing and this school11.11 miles
Public Charter Grades 10-12
5
/10
Choctawhatchee High School
110 Racetrack Rd NW
Distance between this listing and this school12.85 miles
The neighbors living near this home have an average income of $65,149. Residents of Destin, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4575 Luke Ave
What is the listing price of this property?
The listing price of 4575 Luke Ave property is $3,850,000.
What type of property is this?
The property 4575 Luke Ave is a townhouse located in Destin, Florida, 32541.
Is this property for sale now?
Active Listing: 4575 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 $4,594 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 18, 2020 for $485,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4575 Luke Ave has 11 bedrooms and 11 full and 1 half bathrooms.
What is the square footage of this property?
The property 4575 Luke Ave is 6,373 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4575 Luke Ave is 2022.
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This home is located at 4575 Luke Ave in Destin, FL and zip code 32541. This 6,373 square foot home, which was built in 2022, sits on a 0.34 acre lot. Features: 11 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $3,850,000.
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 homes for sale in Destin, FL increased by 4.6% between October 2024 and November 2024. In November 2024 median list price was $627,355 and the average listing age was 117 days.
From Rocket Homes Real Estate and based on county public records data.
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.
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