4575 Luke Avenue, Destin, FL 32541 - Okaloosa County

4575 Luke Avenue is an investor's dream! Located in Crystal Beach, the heart of Destin. This stunning property offers luxurious living and lucrative investment potential. The annual base rate projections are $386,000 with $283,000 already on the books for 2024. This expansive home boasts 11 bedrooms, 11.5 bathrooms, and a generous 6373 square feet of living space, ideal for hosting and relaxation. Nestled on a rare double lot, this home features a pool and private outdoor space, creating a serene oasis. The addition of a carriage house provides ample space and flexibility for large groups. Enjoy modern comforts with multiple living rooms, kitchenettes, and a game room. Enjoy the beautiful Emerald Coast beaches in less than a 4-minute walk!

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