NOT LISTED FOR SALE

4457 Luke Ave Destin, FL 32541

Estimated Value: $2,464,000 - $2,618,000

8 Beds
7.5 Baths
4,265 Sq Ft
$597/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $2,400,000 $563 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,320/month

28 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Beach House
  • Covered Patio or Porch

About This Home

As of January 2022

LUXURY New Construction Beach House just blocks from the beautiful Beaches of the Emerald Coast. Exquisite detail on the finishes throughout give this 8 bedroom 8 bath property the perfect spot for vacation renters to come enjoy life in luxury at the beach. You'll find grand open spaces, with shiplap walls throughout, Luxury Vinyl Plank flooring, Quartz countertops, tiled showers, and the high end fixtures you should expect in a beach house of this caliber. Add to this the Custom Pool and Spa and an oversized Lot with plenty of room for Entertaining and you have one of the best Rental Property Investments in Crystal Beach. Just steps away from the beach but also steps away from Dining and Shopping. With Projections Ranging from 240-250K yearly this will be your next RENTAL ENGINE!

Last Agent to Sell the Property

Nick Deslonde

Gulf Realty 30A LLC License #3368548 Listed on: 10/13/2021

Last Buyer's Agent

Amanda Hurd

Hurd Real Estate & Company LLC License #3289269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,063

Year Built

  • Built in 2021

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 50 x 165
  • Back Yard Fenced

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 4,265 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Crystal Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0037-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,063

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 50 x 165
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: CRYSTAL BEACH
  • Directions: From Hwy 98 turn on Hutchinson Street Directly across from Hwy 293 (Destin Commons). House will be located on the Right at the Corner of Hutchinson Street and Luke Avenue on the other side of cleared lot.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2021
  • Remarks Misc:Remarks: LUXURY New Construction Beach House just blocks from the beautiful Beaches of the Emerald Coast. Exquisite detail on the finishes throughout give this 8 bedroom 8 bath property the perfect spot for vacation renters to come enjoy life in luxury at the beach. You'll find grand open spaces, with shiplap walls throughout, Luxury Vinyl Plank flooring, Quartz countertops, tiled showers, and the high end fixtures you should expect in a beach house of this caliber. Add to this the Custom Pool and Spa and an oversized Lot with plenty of room for Entertaining and you have one of the best Rental Property Investments in Crystal Beach. Just steps away from the beach but also steps away from Dining and Shopping. With Projections Ranging from 240-250K yearly this will be your next RENTAL ENGINE!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Ceiling Raised, Furnished - None, Lighting Recessed, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Lighting Recessed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Fenced Back Yard, Hot Tub, Patio Covered, Pool - Gunite Concrt, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 00-2S-22-0580-0037-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3062.91
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Jan 4, 2022
Sold by
I & E Investments Llc
Bought by
West Capital Acquisitions Llc
Seller's Agent
Nick Deslonde
Gulf Realty 30A LLC
Buyer's Agent
Amanda Hurd
Hurd Real Estate & Company LLC
List Price
$2,400,000
Sold Price
$2,400,000
Current Estimated Value
$2,545,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,847
Avg. Annual Appreciation
1.46%
Original Mortgage
$1,800,000
Outstanding Balance
$1,648,939
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$896,908

Purchase Details

Closed on
Oct 6, 2020
Sold by
Foy John
Bought by
I & E Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 2020
Sold by
Ogletree Mary C and Mary C Ogletre Revocable Trust
Bought by
Ogletree Mary C and Mary C Ogletree Charitable Rem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2017
Sold by
Olgetree Mary C and Mary C Ogletree Charitable Rem
Bought by
I & E Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
West Capital Acquisitions Llc $2,400,000 Mcneese Title
I & E Investments Llc -- Mead Law & Title
Ogletree Mary C -- Knight Barry Title Sln Inc
I & E Investments Llc $650,000 Knight Barry Title Sln Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Capital Acquisitions Llc $1,800,000
Previous Owner I & E Investments Llc $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2022 01/04/22 Sold $2,400,000 0.0% $563 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $2,400,000 -- $563 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $25,045 $2,114,662 $453,027 $1,661,635
2024 $24,918 $2,151,722 $439,832 $1,711,890
2023 $24,918 $2,085,835 $411,058 $1,674,777
2022 $19,335 $1,653,300 $373,689 $1,279,611
2021 $3,192 $257,040 $257,040 $0
2020 $3,063 $244,800 $244,800 $0
2019 $5,378 $489,600 $489,600 $0
2018 $4,578 $385,200 $0 $0
2017 $4,085 $326,400 $0 $0
2016 $3,525 $271,360 $0 $0
2015 $3,391 $255,990 $0 $0
2014 $3,270 $243,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Deslonde

    Seller's Agent in 2022

    Nick Deslonde

    Gulf Realty 30A LLC

    (850) 687-3212

    7 in this area

    54 Total Sales

    Nick Deslonde
    Section Image
  • Amanda Hurd

    Buyer's Agent in 2022

    Amanda Hurd

    Hurd Real Estate & Company LLC

    (850) 375-3570

    10 in this area

    221 Total Sales

    Amanda Hurd
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 883739

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0037-0050

Florida Okaloosa County Destin 32541

4457 Luke Ave, Destin, FL

Not Listed for Sale

Detached

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