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6 Beds
3 Baths
2,874 sqft

$1,700,000

4571 Luke Avenue, Destin FL, 32541

Price per sqft$591.51
Built in2003
Property size2,874 sqft
Property typeResidential

Overview

Active

Listed Aug 4, 2026

Updated 11 days ago

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.

$11,310/mo

Est. mortgage payment based on a $1,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1009185

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$11,976
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Courtesy of EXP Realty LLC, 
Listing Contact: 636-236-2191 

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Data last updated 4:28 AM UTC, 9/26/2026

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