4575 Luke Ave Destin, FL 32541
Estimated payment $21,621/month
Highlights
- In Ground Pool
- Beach House
- Double Pane Windows
- Destin Elementary School Rated A-
- Game Room
- Multiple cooling system units
About This Home
4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers lucrative investment numbers of $289K YTD for 2025, $303K for 2024 and $325K for 2023 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,906
Year Built
- Built in 2022
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 97x153x97x153
- Back Yard Fenced
Home Design
- Beach House
- Off Grade Structure
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 6,373 Sq Ft Home
- 3-Story Property
- Recessed Lighting
- Double Pane Windows
- Living Room
- Dining Area
- Vinyl Flooring
- Fire and Smoke Detector
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 11 Bedrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-0580-0030-0010
Community Details
Overview
- Crystal Beach Subdivision
Amenities
- Community Barbecue Grill
- Game Room
- Laundry Facilities
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $37,906 | $3,283,635 | $879,665 | $2,403,970 |
| 2023 | $37,906 | $3,173,022 | $822,116 | $2,350,906 |
| 2022 | $9,007 | $747,378 | $747,378 | -- |
| 2021 | $9,007 | $514,080 | $514,080 | $0 |
| 2020 | $4,594 | $367,200 | $367,200 | $0 |
| 2019 | $4,658 | $367,200 | $367,200 | $0 |
| 2018 | $3,942 | $336,797 | $0 | $0 |
| 2017 | $3,475 | $279,066 | $0 | $0 |
| 2016 | $2,982 | $229,561 | $0 | $0 |
| 2015 | $2,848 | $214,949 | $0 | $0 |
| 2014 | $2,696 | $201,057 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Price Changed | $3,395,000 | -3.0% | $533 / Sq Ft |
| 04/06/2025 04/06/25 | Price Changed | $3,500,000 | -9.1% | $549 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $3,850,000 | +693.8% | $604 / Sq Ft |
| 07/25/2022 07/25/22 | Off Market | $485,000 | -- | -- |
| 12/17/2020 12/17/20 | Sold | $485,000 | 0.0% | $309 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $485,000 | +7.8% | $309 / Sq Ft |
| 07/23/2018 07/23/18 | Sold | $450,000 | 0.0% | $287 / Sq Ft |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 02/17/2018 02/17/18 | For Sale | $450,000 | -- | $287 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Provident Title | |
| Warranty Deed | $485,000 | Pratt Aycock Title Llc | |
| Special Warranty Deed | $450,000 | Attorney | |
| Warranty Deed | $280,000 | Southern Escrow & Title Llc | |
| Warranty Deed | $212,000 | Southern Escrow & Title Llc | |
| Warranty Deed | $195,000 | Panhandle Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,280,250 | New Conventional | |
| Closed | $1,200,000 | Construction | |
| Previous Owner | $169,600 | Purchase Money Mortgage | |
| Previous Owner | $185,250 | Purchase Money Mortgage |
Source: Emerald Coast Association of REALTORS®
MLS Number: 966490
APN: 00-2S-22-0580-0030-0010
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