United StatesFloridaDestinCrystal BeachLuxury Rental Retreat On Rare Double Lot With Heated Pool And Spa

Luxury Rental Retreat On Rare Double Lot With Heated Pool And Spa 4559 Luke Avenue Destin, Florida 32541 United States

$2,750,000
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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...
Josh Weddington
Josh Weddington
  • Real Estate Professional
3305 West County Highway 30A
Santa Rosa Beach, Florida 32459 United States
Wesley Madden
Wesley Madden
  • Global Real Estate Advisor
12805 E US Highway 98 Suite D201
Inlet Beach, Florida 32461 United States
JW Group
  • Real Estate Professionals
3305 West County Highway 30A
Santa Rosa Beach, Florida 32459 United States
$2,750,000
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8
Bedrooms
8
Full Baths
1
Partial Bath
403 m²
Interior
2,590 m²
Exterior
Single Family Home
Property type
2018
Year Built
F7359C
Web Id
974783
MLS ID
Okaloosa County
School District
13
days ago

About 4559 Luke Avenue

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 bar—ideal 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.

features

Community
Golf Community
Style
Contemporary

Property Feature

Age
6-10 Years Old
Cooling
Central A/C - Gas

Area Feature

Area Amenities
Golf
Josh Weddington
Josh Weddington
  • Real Estate Professional
3305 West County Highway 30A
Santa Rosa Beach, Florida 32459 United States
Wesley Madden
Wesley Madden
  • Global Real Estate Advisor
12805 E US Highway 98 Suite D201
Inlet Beach, Florida 32461 United States
JW Group
  • Real Estate Professionals
3305 West County Highway 30A
Santa Rosa Beach, Florida 32459 United States

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