4515 Luke Ave, DESTIN

$3,365,000

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8 Beds
10 Baths
4,620 Sqft
0 Acre
0 Garage

Don't settle for an old home that's due for a renovation when you can have the opportunity to purchase the only new house available in all of Crystal Beach! This 8-bedroom + Bunk Room stunner will be a RENTAL GIANT, is projected to produce over $300,000 in gross rental revenue, and is slated for completion in May of 2024. The home will be sold Fully Furnished and features 9 bedrooms, each with an ensuite full bathroom, a large open concept entertaining area with a wrap-around kitchen island, white shaker cabinetry, quartz countertops, stainless steel appliances and so much more. The backyard will be an entertaining oasis, with a large heated private pool/spa and an outdoor kitchen. This home is under construction by Hartzog Builders, one of the area's top builders and is just a short..walk to the beach. If you're looking for a turnkey product ready for the rental income without the heavy-lifting, this home also conveys furnished/curated by Allie Smith Design Co. so you're ready for the rental income to start immediately. Crystal Beach has some of the most beautiful beaches on the Emerald Coast and is conveniently located close to Destin's best shopping, dining, and golf. Don't miss out on this opportunity to lock in a premium home with phenomenal rental income on the horizon. Call today for more information on the status of the build or for your private tour.

Essential Information

Status
Active
MLS® #
935489
Price
$3,365,000
Days On Website
188
Bedrooms
8
Bathrooms
10.00
Full Baths
9
Half Baths
1
Square Footage
4,620
Acres
0.00
Year Built
2023
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
4515 Luke Ave
Area
Destin
SubArea
04 DESTIN BEACHES EAST
Subdivision
Crystal Beach
City
DESTIN
County
OKALOOSA
State
FL
Zip Code
32541

Amenities

Has Pool
Yes

Utilities

Electric Available, Gas - Natural, Public Sewer Available, Public Water Available

Pool

Pool - Heated, Pool - In-Ground, Private

Interior

Heating
Heat: Central Electric
# of Stories
3

Interior Features

Floor Vinyl, Furnished - All, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Oven:Self Cleaning, Range Hood, Refrigerator W/Ice Maker, Smoke Detector

Cooling

A/C: Two Or More, A/C: Central Electric, Ceiling Fans

Exterior

Windows
Double Paned Windows
Roof
Roof Metal

Exterior

Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd, Foundation Slab On Grade

Exterior Features

Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground

Lot Description

Interior, Within 1/2 Mile Of Water

Foundation

Foundation Off Grade, Foundation Slab On Grade

School Information

Elementary
DESTIN
Middle
DESTIN
High
FORT WALTON BEACH

Additional Information

Days on Website
188
Zoning
Residential Single Family
HOA Fees
0.00

Office

Scenic Sotheby's International Realty

Property History
Price Increased from $3,195,000 to $3,365,000

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.

Listing information last updated on May 2nd, 2024 at 11:30pm CDT.