$3,550,000

4451 Luke Ave Destin, FL 32541

Estimated payment $20,282/month

Total Views 974
8 Beds
9 Baths
4,476 Sq Ft
$793 Price per Sq Ft

Highlights

  • Beach
  • Contemporary Architecture
  • Living Room
  • Destin Elementary School Rated A-
  • Recreation Room
  • Multiple cooling system units

About This Home

Short term rental powerhouse featuring a brand new 2024 professionally decorated beach home with private heated pool and splash deck in a fully fenced backyard, ping-pong room, covered balconies, and massive 20 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Just 2 blocks from Destin's famous sugar sand beach ensures high occupancy. Includes a complimentary six-seater golf cart, two paddleboards, and gas grill for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.

Listing Agent

Ethan Knight

Century 21 Wimco Realty Inc License #3645655 Listed on: 04/05/2026

Century 21 Wimco Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,080

Year Built

  • Built in 2024

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x163

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,476 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Recreation Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Full Bathrooms

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0037-0020

Community Details

Overview

  • Crystal Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,080

Year Built

Built in 2024

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50x163
  • Subdivision Name: CRYSTAL BEACH
  • Directions: From US Highway 98, turn south onto Regatta Bay Blvd. Continue on Regatta Bay Blvd, then turn west onto Luke Ave. Follow Luke Ave; the property will be on your right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2024
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Full Bathrooms: 9
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: Beach

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 00-2S-22-0580-0037-0020
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 19079.95
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,080 $1,611,006 $453,027 $1,157,979
2024 $3,962 $517,532 $439,832 $77,700
2023 $3,962 $411,058 $411,058 $0
2022 $3,640 $373,689 $373,689 $0
2021 $2,943 $257,040 $257,040 $0
2020 $2,764 $244,800 $244,800 $0
2019 $2,689 $244,800 $244,800 $0
2018 $2,289 $192,600 $0 $0
2017 $2,042 $163,200 $0 $0
2016 $1,762 $135,680 $0 $0
2015 $1,696 $127,995 $0 $0
2014 $1,635 $121,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2026 04/05/26 For Sale $3,550,000 +405.0% $793 / Sq Ft
02/03/2023 02/03/23 Sold $703,000 0.0% -- View Prior Sale
02/03/2023 02/03/23 For Sale $703,000 -- --
01/24/2023 01/24/23 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $703,000 Aqua Title Services
Interfamily Deed Transfer -- --
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 999872

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0037-0020

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