#974660, Jerry J Babin, Listing office: A List Beach Realty LLC
$2,745,000 List price
4559 Luke Ave Destin, FL 32541
8 beds
8 full, 1 partial
4,339 sqft
0.6 acres
$633 / sqft
House
Property details
About 4559 Luke Ave
Situated on a rare double lot in Destins 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 youre 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.
Highlights
Home typeSingle Family Residence
StatusActive
Size4,339 sqft
Lot size0.64 Acres
Year built2018
MLS #974783
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 8
- Total Bedroom Count: 8
- Private Pool: Yes
- Architectural Style: Contemporary
- List Price: $2,745,000
- Price/SqFt: $632
- Annual Tax Amount: $18,603
- Tax Year: 2023
- Directions: Turn south off 98 turn first cross street onto Luke ave
- Year Built: 2018
- Stories: 3
- Living Area: 4,339 SqFt
- Lot Size: 0.64 Acres
- MLS Number: 974783
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Scenic Sothebys International Realty
- Office Email: will@scenicsir.com
- Listing Agent: JW Group
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 27, 2018 | Home Sold | $1,500,000 |
| Aug 08, 2017 | Home Sold | $580,000 |
| Aug 08, 2017 | Home Sold | $290,000 |
| Sep 28, 2011 | Home Sold | $475,000 |
| Jun 21, 2002 | Home Sold | $225,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,804,274 | $18,603 |
| 2022 | $1,457,261 | $16,062 |
| 2021 | $1,114,227 | $16,062 |
| 2020 | $1,046,636 | $13,836 |
| 2018 | $231,120 | $2,967 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
4.5 mi
•630 Kelly St
9
Bluewater Elementary School
Public District KG-5
7.3 mi
•4545 Range Rd
8
James E. Plew Elementary School
Public District KG-5
9.3 mi
•220 Pine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,149. The majority of Destin, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
47%
35k-100k
18%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Soccer
PGA/LPGA
NASCAR
Where do the neighbors shop?
Old Navy
Stein Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Jimmy Johns
Cracker Barrel
Arbys
What do the neighbors drive?
GMC
Lexus
Kia
What do the neighbors listen to?
New Country
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4559 Luke Ave
The listing price of 4559 Luke Ave property is $2,745,000.
The property 4559 Luke Ave is a house located in Destin, Florida, 32541.
Active Listing: 4559 Luke Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4559 Luke Ave are: Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), James E. Plew Elementary School (GreatSchools Rating 8/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), C.W. Ruckel Middle School (GreatSchools Rating 9/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), Choctawhatchee High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $18,603 (source: MLS/based on county public records data).
The last sale was on November 27, 2018 for $1,500,000 (source: MLS/tax record).
The property at 4559 Luke Ave has 8 bedrooms and 8 full and 1 half bathrooms.
The property 4559 Luke Ave is 4,339 SqFt (source: MLS/tax record).
The year of construction for 4559 Luke Ave is 2018.
This home is located at 4559 Luke Ave in Destin, FL and zip code 32541. This 4,339 square foot home, which was built in 2018, sits on a 0.64 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $2,745,000.
In June 2025 more than 3 listings in Destin, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 58 were sold below. The number of listings in Destin, FL increased by 3.3% between May and June 2025. In June 2025, listings were on the market for 125 days. During the same period, the median list price in this real estate market was $579,000.
From Rocket Homes Real Estate and based on county public records data.