Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

Agent profile image in message

4421 Luke Ave , Destin, FL 32541
$2,349,000
Est. Payment: $12,977.89/mo
6 Bed
5 Bath
3759 Sqft
0.3 Acres
Status: Active | Days on site: 15
Get Pre-Qualified
EKW1 - TEKW11,E21414
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Harrison Lilly Team
Owner/Operator

House Description

PROVEN $230K+ RENTAL PRODUCER IN DESTIN'S CRYSTAL BEACH! Rare opportunity to own a high-performing vacation rental in one of Destin's most sought-after coastal neighborhoods. 4421 Luke Ave is an exceptional income-producing property with over $230,000 in rental income that has occurred and is currently on the books for 2026. The property also offers a detailed track record of rental income and performance from prior years, allowing prospective buyers to evaluate its proven history as a successful vacation rental. Located in the desirable Crystal Beach area, this spacious property offers the ideal combination of location, guest capacity, and resort-style amenities. With 6 bedrooms and 5 bathrooms, the home is designed to comfortably accommodate large groups and families looking for a memorable Destin getaway. Inside, the generous floor plan provides plenty of room for guests to spread out, relax, and enjoy time together. Multiple living and sleeping areas create flexibility for families and larger groups, while the home's layout provides both shared spaces for gathering and private spaces for retreating after a day at the beach. One standout feature of the home is the private outdoor oasis. The pool and hot tub provide the perfect place to cool off or unwind, while the firepit creates an inviting setting for evenings under the stars. The spacious outdoor area extends the living space and gives guests plenty of room to enjoy the beautiful Gulf Coast weather. The separate carriage house adds another dimension to the property, providing additional accommodations and privacy for guests. Combined with the main home's generous bedroom count and ample parking, the property is exceptionally well suited for family vacations, reunions, and large-group getaways. The location is equally impressive. Situated approximately half a mile from the beach, 4421 Luke Ave offers convenient access to the sugar-white sands and emerald waters that make Destin one of the most sought-after vacation destinations on the Gulf Coast. Guests are also close to the area's restaurants, shopping, entertainment, and outdoor activities. With its spacious accommodations, inviting indoor and outdoor living areas, private pool and hot tub, firepit, carriage house, and highly desirable Crystal Beach location, 4421 Luke Ave delivers the complete Destin vacation experience. It is easy to see why this property continues to attract vacation guests and generate strong rental demand year after year.

Highlights

Listed by At The Beach Team , 850-654-3325 and Courtney Ledezma , 850-608-0677 Keller Williams Realty Destin , 850-654-2900. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.3

Year Built

1993

County

Okaloosa

Area

14 - Destin

Neighborhood

Crystal Beach

Listing ID

1011788

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
Air Cond:Wall/Window Unit(s),Ceiling Fans,Central Air
Fireplaces:Fireplace
Floor:Floor Laminate,Floor Tile
Other:
  • ▪ Additional:Breakfast Bar, Built-In Bookcases, Ceiling Raised, Fireplace, Guest Quarters, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup

Exterior Features

Lot:Interior,Level,Sidewalk,Within 1/2 Mile to Water
Lot Dimensions:80x165x80x165
Zoning:City
Others:
  • ▪ Additional:Balcony, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Separate Bldg Rent, Shower, Sprinkler System, Patio Covered, Patio Open, Porch
Sewer:Public Sewer
Parking Features:Converted Garage
Principal Interest
$12,978
Taxes
$1,399

Home Price

$2,349,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$469,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,977.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,977.89 $1,398.62 $0.00 $14,376.51
Yearly $155,734.64 $16,783.44 $0.00 $172,518.08
Total $4,672,039.20 $503,503.20 $0.00 $5,175,542.40

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

© 2026 Emerald Coast Multiple Listing Services