4515 Luke Ave, DESTIN

$3,365,000

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
MLS® #935489
Price$3,365,000
Bedrooms8
Bathrooms10.00
Full Baths9
Half Baths1
Square Footage4,620
Acres0.00
Year Built2023
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address4515 Luke Ave
AreaDestin
SubdivisionCrystal Beach
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Amenities
Has PoolYes
Utilities

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

Pool

Pool - Heated, Pool - In-Ground, Private

Interior
HeatingHeat: Central Electric
# of Stories3
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
WindowsDouble Paned Windows
RoofRoof 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
ElementaryDESTIN
MiddleDESTIN
HighFORT WALTON BEACH
Additional Information
ZoningResidential Single Family
HOA Fees0.00
Office

Scenic Sotheby's International Realty

Property History
Price Increased from $3,195,000 to $3,365,000
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Vendors Member Number : 28325

Listing information last updated on April 27th, 2024 at 6:00pm CDT.