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$1,700,000
↓ $225K (11.7%)
● House - For Sale

4571 Luke Avenue

Destin, FL 32541
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,874 Ft²
$9,346
Est. Monthly

About This Property

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.
Unit Size
2,874 Ft²
Days on Market
73 days
Land Size
0.17 acres
Price per sqft
$592
Property Type
House
Property Taxes
$998
HOA Dues
-
Year Built
-

Listed By

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Last updated: 21 days ago (ECAR #1009185)

Price History

Date / Event Date Event Price
Sep 26, 2026 Price Decreased $1,700,000
↓ $225K (11.7%)
Price Decreased
Sep 14, 2026 Price Decreased $1,925,000
↓ $75K (3.8%)
Price Decreased
Aug 4, 2026 Listed by EXP Realty LLC $2,000,000
Listed by EXP Realty LLC
Dec 15, 2021 No longer available -
No longer available
Dec 1, 2021 Listed by RE/MAX Coastal Properties $1,100,000
Listed by RE/MAX Coastal Properties
Hard to find Florida Cottage with guest house in the quaint enclave of Crystal Beach! This home has a one story 3BR/2BA main home with 700 sq ft 2BR/1BA guest quarters above the garage. Great short-term rental or live in one and rent the other? Very close to the Gulf of Mexico and beach access. Currently rented long-term but shall be vacated in January. Act now to get this one ready for the season! The manager has listed the unit size as 2394 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Boat, Detached, Oversized, See Remarks, Other, RV
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Bookcases, Fireplace, Guest Quarters, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater, Stove/Oven Electric
Rooms: 8
Exterior Details
Square Footage: 2874
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2003
Building Area Total: 2874
Other Structures: Workshop
Construction Materials: Other, Siding CmntFbrHrdBrd, Trim Wood
Patio and Porch Features: Porch
Pool Features: Pool Type
Lot Features: Cleared, Level, Wooded, Interior, Within 1/2 Mile to Water
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Lot Size Dimensions: 72.5 X 150
Water Source: Public
Financial Details
Tax Annual Amount: $11,976
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer

Comparables

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

About Crystal Beach


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Frequently Asked Questions

When was property at 4571 Luke Avenue built and last sold?
The property at 4571 Luke Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4571 Luke Avenue is $1,717,000.
What are some comparable homes to 4571 Luke Avenue?
There are currently no comparable homes to 4571 Luke Avenue.