4515 Luke Avenue, Destin, FL 32541

$3,195,000
8
BD
10
BA
4,620
SqFt
List Price
$3,195,000
Days on Market
41
MLS#
935489
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
10
Full Bathrooms
9
Half Bathrooms
1
Living Area
4,620
Neighborhood
1404 - Destin Beach East

Property Description

Don't settle for an old home that is 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 April/May of 2024. The home 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 Paul Hartzog, 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 with furniture package plans by Allie Smith Design Co. with packages that can be purchased and installed for your convenience, 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.

Additional Information

Appliances
Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector
Association
Emerald Coast
Construction Siding
Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd, Slab
Design
Beach House
Elementary School
Destin
Energy
AC - 2 or More, AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls
Exterior Features
Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground
High School
Fort Walton Beach
Interior Features
Floor Vinyl, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup
Legal Description
CRYSTAL BEACH LOT 2 BLK 34
Lot Dimensions
50x150
Lot Features
Interior, Within 1/2 Mile to Water
Middle School
Destin
Neighborhood
1404 - Destin Beach East
Stories
3
Subdivision
Crystal Beach
Utilities
Electric, Gas - Natural, Public Sewer, Public Water
Year Built
2023
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Scenic Sotheby's International Realty.

Vendor Member Number : 28166