4559 Luke Ave

4,339 Sq. Ft.
$599 / Sq. Ft.
4,339
Sq. Ft.
$599
per Sq. Ft.

Description

Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history—consistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential. Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen,...Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history—consistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential. Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet barideal for family fun or post-beach wind-downs. Each bedroom offers a private escape with ensuite baths and refined coastal décor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location. Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.
  1. Listed by JW Group • Brokerage DRE #1007656 • Scenic Sotheby's International Realty
    P: (850)-218-8797 josh.weddington@scenicsir.com

Property Details for 4559 Luke Avenue

Zoning
Resid Single Family
Architectural Style
Contemporary
Subdivision Name
CRYSTAL BEACH
LISTING UPDATED: 01/12/2026 08:41 AM

Property Details for 4559 Luke Avenue

StatusActive
MLS #974783
Days on Market264
Taxes$19,636 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2018
Lot Size0.64 AC / 27,878 SF
CountyOkaloosa County

Location

Listing Courtesy of Scenic Sotheby's International Realty
Add your commute

Building Information for 4559 Luke Avenue

Stories3Year Built2018Building Size-Lot Size0.64 AC / 27,878 SF

Payment Calculator

$14,293 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,657

Property Taxes

$1,636

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4559 Luke Avenue

Summary
Location and General Information
  • Directions: Turn south off 98 turn first cross street onto Luke ave
  • MLS Area Minor: 1404 - Destin Beach East
  • MLS Area Major: 14 - Destin
  • Latitude: 30.385333
  • Longitude: -86.417661
  • Location Tax and Legal:Sub Area: 1404 - Destin Beach East
  • Location Tax and Legal:Elementary School: Destin
  • Location Tax and Legal:Middle School: Destin
  • Location Tax and Legal:High School: Destin
  • Location Tax and Legal:Legal Description: CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)
  • Garage 2: false
Taxes and HOA
  • Tax Legal Description: CRYSTAL BEACH LOT 1 BLK 31 & E1/2 OF 4TH ST PER BK 1273 PG 225 (RSL)
  • Parcel Number: 00-2S-22-0580-0031-0010
  • Association Fee: $0
  • Tax Annual Amount: $19,636
  • Listing Info Tax Legal:Last Taxes: $19,636
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Destin
  • Middle Or Junior School: Destin
  • High School: Destin
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 0.64 acres
  • Lot Size Acres: 0.64
  • Lot Size Area: 0.64
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 4339.0
  • Lot Size Square Feet: 27878.4
  • General Property Info:SqFt Source: County PA Records
Property and Assessments
  • Tax Year: 2024.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2018.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Contemporary
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water
  • Energy: AC - 2 or More
Interior and Exterior Features
Exterior Features
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
Interior Features
  • Room Type: Dining Area, Bedroom, Kitchen, Living Room
  • Rooms Total: 10.0
  • Bathrooms Total Integer: 9.0
  • Bathrooms Total Decimal: 8.5
  • Bathrooms Total Notational: 8.1
  • Bedrooms Total: 8.0
  • Bathrooms Full: 8.0
  • Bathrooms Half: 1.0
Room Information
Room 1
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 4
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 6
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 7
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 0.0
  • Room Dimensions: 0 x 0
Room 8
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 9
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Room 10
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Dimensions: 0 x 0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 4559 Luke Avenue

DateEvent & SourcePriceAppreciation
Jan 12, 2026

Price Change

ECAR #974783

$2,596,900—
Dec 12, 2025

Price Change

ECAR #974783

$2,596,500—
Dec 1, 2025

Price Change

ECAR #974783

$2,596,900—
Dec 1, 2025

Listed (Active)

ECAR #974783

$2,750,000—
Nov 20, 2025

Pending

ECAR #974783

—
Nov 4, 2025

Price Change

ECAR #974783

$2,597,500—
Oct 10, 2025

Price Change

ECAR #974783

$2,598,000—
Sep 25, 2025

Price Change

ECAR #974783

$2,599,000—
Sep 11, 2025

Price Change

ECAR #974783

$2,746,000—
Aug 22, 2025

Price Change

ECAR #974783

$2,747,000—
Apr 25, 2025

Listed (Active)

ECAR #974783

$2,750,000—
Dec 9, 2024

Withdrawn

ECAR #950207

$3,350,000—
May 18, 2024

Listed (Active)

ECAR #950207

$3,350,000—
Feb 3, 2023

Expired

ECAR #891533

—
Feb 28, 2022

Temporarily Off Market

ECAR #891533

—
Feb 18, 2022

Listed (Active)

ECAR #891533

$3,800,000—
Nov 20, 2018

Sold (Public Record)

Public Record #635617233

$1,500,000

+107.3% / yr

Aug 1, 2017

Sold (Public Record)

Public Record #610408951

$580,000—
Aug 1, 2017

Sold (Public Record)

Public Record #610408950

$290,000

-8.1% / yr

Sep 23, 2011

Sold (Public Record)

Public Record #316959985

$475,000

+8.4% / yr

Jun 21, 2002

Sold (Public Record)

Public Record #95958991

$225,000—
DateEvent & SourcePrice
01/12/2026

Price Change

ECAR #974783

$2,596,900
12/12/2025

Price Change

ECAR #974783

$2,596,500
12/01/2025

Price Change

ECAR #974783

$2,596,900
12/01/2025

Listed (Active)

ECAR #974783

$2,750,000
11/20/2025

Pending

ECAR #974783

—
11/04/2025

Price Change

ECAR #974783

$2,597,500
10/10/2025

Price Change

ECAR #974783

$2,598,000
09/25/2025

Price Change

ECAR #974783

$2,599,000
09/11/2025

Price Change

ECAR #974783

$2,746,000
08/22/2025

Price Change

ECAR #974783

$2,747,000
04/25/2025

Listed (Active)

ECAR #974783

$2,750,000
12/09/2024

Withdrawn

ECAR #950207

$3,350,000
05/18/2024

Listed (Active)

ECAR #950207

$3,350,000
02/03/2023

Expired

ECAR #891533

—
02/28/2022

Temporarily Off Market

ECAR #891533

—
02/18/2022

Listed (Active)

ECAR #891533

$3,800,000
11/20/2018

Sold (Public Record)

Public Record #635617233

$1,500,000

+107.3% / yr

08/01/2017

Sold (Public Record)

Public Record #610408951

$580,000
08/01/2017

Sold (Public Record)

Public Record #610408950

$290,000

-8.1% / yr

09/23/2011

Sold (Public Record)

Public Record #316959985

$475,000

+8.4% / yr

06/21/2002

Sold (Public Record)

Public Record #95958991

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4559 Luke Avenue

Taxable ValueLand$543,633Additions$1,287,983Total$1,831,616
Tax Record2025$20,398 ($1,700 / month)
Home Facts
Beds7Total Finished SqFt4,339 SqFtAbove Grade Finished SqFt4,339 SqFtStories3Lot Size27,717 SqFtStyleSingle Family ResidenceYear Built2018CountyOKALOOSAAPN00-2S-22-0580-0031-0010Fireplace TypeHas Fireplace

Schools near 4559 Luke Avenue

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4559 Luke Avenue is a single family home for sale in Destin, FL 32541. This property was listed for sale on April 25, 2025 by Scenic Sotheby's International Realty, it's currently listed at $2,596,900. It has been on the market for a total of 264 days and was last sold on November 20, 2018. This listing's school district is Okaloosa County School District. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 4559 Luke Avenue is a 8-bed, 9-bath, 4,339 sqft single family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Scenic Sotheby's International Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.