NOT LISTED FOR SALE

4541 Luke Ave Destin, FL 32541

Estimated Value: $1,240,000 - $2,075,324

3 Beds
1.5 Baths
1,701 Sq Ft
$1,043/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2021

Last sale price $1,010,000 $594 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $11,104 / mo

69 Days on Market

Highlights

  • Primary Bedroom Suite
  • Florida Architecture
  • Living Room
  • Destin Elementary School Rated A-
  • Sun or Florida Room
  • Shed

About This Home

As of August 2021

Short term rental powerhouse featuring a brand new 2022 build with 8 bedrooms including 7 king suites each with private baths and a bunk room, full kitchen, multiple living areas, private heated pool, and massive 20 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than two blocks from beach access with a 3-minute golf cart ride ensures high occupancy. Includes a free six-seater golf cart and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.

Last Agent to Sell the Property

Abbott Martin Group

EXP Realty LLC Listed on: 05/22/2021

EXP Realty LLC

Co-Listed By

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996

Last Buyer's Agent

Steven Knight

Century 21 Wimco Realty Inc License #3352207

Century 21 Wimco Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 1973

Lot Details

  • 15,246 Sq Ft Lot
  • Lot Dimensions are 100x150
  • Partially Fenced Property
  • Sprinkler System
  • Cleared Lot
  • Lawn Pump

Home Design

  • Florida Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Wood Trim
  • Vinyl Trim

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Wall to Wall Carpet

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Crystal Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0033-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,954

Year Built

Built in 1973

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 100X150
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDRE
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: CRYSTAL BEACH
  • Directions: From Destin bridge head East turn right (south) on Crystal Beach Drive. Turn left onto Luke Avenue and this is a corner lot on Luke and Cobia.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Remarks Misc:Remarks: Amazing investment opportunity to own a double lot in desirable Crystal Beach. Each lot is 50 x 154 and offers a total of 0.35 Acres, which is hard to come by in Crystal Beach, a prime non-HOA community in Destin along Scenic 98. This is an ideal location with many public beach accesses and the stunning Gulf of Mexico in close vicinity. This corner lot offers privacy and currently has a one level 1,701 sq. ft brick & vinyl home with 3-bedrooms and 1.5 baths. Update and add to this to keep the original charm or have an opportunity to build two brand new homes if you desire. A main home and carriage home with a pool would be a great option too and perfect for rentals or primary residence. Either way the utilities are in place and this is a fantastic & rare opportunity by the beach!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Utilities:Tap Fee Due: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Sun Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven Continue Clean, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace, Fireplace Gas, Floor WW Carpet, Furnished - None, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor WW Carpet: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Fireplace: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Cleared, Restrictions, Within 1/2 Mile to Water, See Remarks
  • Construction Type: Brick, Roof Composite Shngl, Slab, Trim Vinyl, Trim Wood
  • Exterior Features: Fenced Lot-Part, Lawn Pump, Sprinkler System, Yard Building
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:See Remarks6: Yes
  • Lot Features:Cleared: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Due, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 00-2S-22-0580-0033-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5954.34
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Aug 10, 2021
Sold by
Bought by
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Steven Knight
Century 21 Wimco Realty Inc
List Price
$1,010,000
Sold Price
$1,010,000
Current Estimated Value
$1,774,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,441
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Oct 3, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,010,000 Aqua Title Services
$305,000 Southern Escrow & Title Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2026 04/04/26 For Sale $3,300,000 +226.7% $783 / Sq Ft
08/10/2021 08/10/21 Sold $1,010,000 0.0% $594 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $1,010,000 -- $594 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,458 $1,558,519 $339,771 $1,218,748
2024 $4,344 $1,589,986 $329,874 $1,260,112
2023 $4,344 $363,593 $308,293 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872464

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0033-0050

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