Ad #5946564
MLS #971822
Welcome to an exceptional coastal retreat in the heart of
4431 Luke Ave, Destin, FL 32541
$1,549,000
7Beds
6Baths
2,829Sqft
0.32Acres
About this property
Welcome to an exceptional coastal retreat in the heart of Crystal Beach, where location, flexibility, and investment potential converge. Just two blocks from beach access and positioned on a desirable south-facing homesite, this impressive property offers sunshine-filled living and outstanding versatility. Spanning approximately 2,869 square feet, the residence includes a 4-bedroom, 3-bath main home complemented by a separate 3-bedroom, 3-bath guest house-ideal for hosting extended family, accommodating guests, or maximizing rental flexibility. Thoughtfully designed for comfort and function, the layout supports both personal enjoyment and income-producing use. Outdoor living shines with an in-ground pool, elegant paver driveway, and a rare 1.5-lot homesite, a true standout in Crystal Beach. Offered fully furnished, this turn-key property allows for immediate enjoyment or seamless continuation of its current use. The home has been utilized as a short-term rental and has demonstrated strong historical rental performance, with seller-provided figures indicating approximately $90,000-$110,000 in annual gross rental income (buyer to independently verify). Additionally, vacant lots in Crystal Beach have recently been marketed at approximately $1,000,000, underscoring the value of this location. Whether you're seeking a coastal second home, a multi-generational beach retreat, or a property with income potential, this Crystal Beach opportunity delivers on lifestyle and location.
Property Features
7 Beds
6 Baths
2,829 Sqft
Built in 1991
0.32 Acres
1 Story
Siding: Siding Vinyl
$9,614 / yr property tax
Okaloosa County
CRYSTAL BEACH Community
Additional Photos
Contact Information
Kendra R Sheikho
Coldwell Banker Realty
315-405-6744
Location
Listing Agent: Kendra R Sheikho (License #: 3283774) 315-405-6744
Broker: Coldwell Banker Realty 850-501-1545 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Coldwell Banker Realty 850-501-1545 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,549,000
7
Beds
6
Baths
2,829
Sqft
4431 Luke Ave, Destin, FL 32541
By contacting this agent you agree to these Terms and Conditions.
MLS# 971822
Welcome to an exceptional coastal retreat in the heart of
$1,549,000
4431 Luke Ave, Destin, FL 32541
7
Beds
6
Baths
2,829
Sqft
0.32
Acres
$1,549,000
4431 Luke Ave, Destin, FL 32541
7 Beds
6 Baths
2,829 Sqft
0.32 Acres
Welcome to an exceptional coastal retreat in the heart of Crystal Beach, where location, flexibility, and investment potential converge. Just two blocks from beach access and positioned on a desirable south-facing homesite, this impressive property offers sunshine-filled living and outstanding versatility. Spanning approximately 2,869 square feet, the residence includes a 4-bedroom, 3-bath main home complemented by a separate 3-bedroom, 3-bath guest house-ideal for hosting extended family, accommodating guests, or maximizing rental flexibility. Thoughtfully designed for comfort and function, the layout supports both personal enjoyment and income-producing use. Outdoor living shines with an in-ground pool, elegant paver driveway, and a rare 1.5-lot homesite, a true standout in Crystal Beach. Offered fully furnished, this turn-key property allows for immediate enjoyment or seamless continuation of its current use. The home has been utilized as a short-term rental and has demonstrated strong historical rental performance, with seller-provided figures indicating approximately $90,000-$110,000 in annual gross rental income (buyer to independently verify). Additionally, vacant lots in Crystal Beach have recently been marketed at approximately $1,000,000, underscoring the value of this location. Whether you're seeking a coastal second home, a multi-generational beach retreat, or a property with income potential, this Crystal Beach opportunity delivers on lifestyle and location.
508 days
on BeachHouse.com
0
view
0
saves
Property Details
HOME DETAILS
7 Beds
6 Baths
2,829 Sqft
Built in 1991
0.32 Acres
1 Story
EXTERIOR
Siding: Siding Vinyl
FINANCIAL & COMMUNITY
$9,614 / yr property tax
Okaloosa County
CRYSTAL BEACH Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
5946564
Viewed
0 time
Listing Status
Active
Added
Mar 21, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
971822
Listing Agent: Kendra R Sheikho (License #: 3283774) 315-405-6744
Broker: Coldwell Banker Realty 850-501-1545 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Coldwell Banker Realty 850-501-1545 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home
Explore Similar Properties
