Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
5 Baths
3,759 sqft

$2,349,000

4421 Luke Avenue, Destin FL, 32541

Price per sqft$624.90
Built in1993
Property size3,759 sqft
Property typeResidential

Overview

Active

Listed Sep 11, 2026

Updated 45h ago

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.

$15,628/mo

Est. mortgage payment based on a $2,349,000 home price.

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

Additional information

MLS® ID
1011788

Interior Features

Bedrooms
6
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$16,783
Tax Frequency
Annually
Pool
Yes
MLS provider logo

Courtesy of Keller Williams Realty Destin, 
Listing Contact: 850-217-7618 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marie Babin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Emerald Coast Association of REALTORS. All rights reserved.

Data last updated 3:19 AM UTC, 9/16/2026

Powered by Luxury Presence