See Home Value
$980,000
● House - Off Market

4508 Luke Avenue

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths
$6,515
Est. Monthly
1.20%
Cap Rate

About This Property

Don't miss this incredible opportunity to own a vacation home in the heart of Destin, Florida - one of the most sought-after beach destinations on the Gulf Coast. Known for its sugar-white sands and emerald waters, Destin is a year-round haven for tourists and a top choice for vacation rentals. This home is perfectly located just a short walk from both the beach and Destin Commons, a lively shopping, dining, and entertainment hub. Whether you're looking to relax on the beach or enjoy a day of shopping and dining, everything you need is right at your doorstep.

This recently remodeled 4-bedroom, 3-bathroom home offers beautiful Gulf views from the third floor and scenic views of the surrounding neighborhood. The spacious layout includes a large living and dining area that flows seamlessly into the modern kitchen, creating a perfect space for gatherings. The first floor features a bedroom and full bathroom, providing convenience for guests or family members.

One of the standout features of this property is its fantastic outdoor amenities, including a large heated pool, a full volleyball court, and a spacious deck perfect for entertaining or unwinding after a day at the beach. The property's prime location and amenities make it an ideal vacation rental, and it's currently enrolled in the Ocean Reef Resorts Rental Program.

Additionally, the garage offers the possibility of being converted into more living space, further increasing its rental appeal or providing room for personal use. Call Today to see this Beauty in the Heart of Destin Florida
Unit Size
-
Days on Market
275 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$872
HOA Dues
-
Year Built
1991

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Last updated: 9 months ago (ECAR #976811)

Price History

Date / Event Date Event Price
Feb 20, 2026 Sold
Sold
Feb 11, 2026 In contract -
In contract
Jan 29, 2026 Price Decreased $1,149,000
↓ $20K (1.7%)
Price Decreased
Dec 23, 2025 Price Decreased $1,169,000
↓ $10K (0.9%)
Price Decreased
Dec 12, 2025 Price Decreased $1,179,000
↓ $6K (0.5%)
Price Decreased
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Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 390
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,499
  • Gross Building Area: 2,499
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL BCH
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL BCH W1/2 LOTS 9 & 10 BLK 21

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0580-0021-009A
  • Block: 21
  • Lot: 9,10
  • Municipality: DESTIN
  • Latitude: 30.3853
  • Longitude: -86.4217

    Address

  • Full Address: 4508 Luke Ave
  • Address - House Number: 4508
  • Address - Street Name: Luke
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3659
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,027
  • Tax Year: 2023
  • Tax Amount: $877,793
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 1,014,628
  • High Value: 1,213,726
  • Low Value: 815,531

    Market Valuation

  • Market Total Value: $854,882
  • Market Land Value: $462,440
  • Market Improvement Value: $392,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $854,882
  • Assessed Land Value: $462,440
  • Assessed Improvements Value: $392,442

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3606303
  • Previous Sale Recording Date: Aug 06, 2012
  • Previous Sale Contract Date: Jul 27, 2012
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 4508 Luke Avenue built and last sold?
The property at 4508 Luke Avenue was built in 1991 and last sold on Feb 10, 2023 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 4508 Luke Avenue is $1,160,490.
What are some comparable homes to 4508 Luke Avenue?
There are currently no comparable homes to 4508 Luke Avenue.