$1,700,000
Price decreased by $225,000 on Sep 25, 2026
Single Family Residence In Destin
- 6 Beds
- 3 Baths
- 2,874 Sqft
- 7,406 Sqft lot
- Updated: September 25
- Source: Emerald Coast Association of REALTORS MLS#1009185
About the Property
Just moments from the sugar-white sands of Crystal Beach, this 6 bedroom, 3-bath coastal retreat is already nicely designed, comfortable, and generating serious income -- but it has plenty of room to take it over the top and force appreciation with a few more key updates and over the top design.
The thoughtfully laid-out main home is paired with a private guest house above the detached g
The thoughtfully laid-out main home is paired with a private guest house above the detached g
Just moments from the sugar-white sands of Crystal Beach, this 6 bedroom, 3-bath coastal retreat is already nicely designed, comfortable, and generating serious income -- but it has plenty of room to take it over the top and force appreciation with a few more key updates and over the top design.
The thoughtfully laid-out main home is paired with a private guest house above the detached garage -- ideal for short-term rental income, multi-generational living, or hosting guests. The bones and layout deliver beach cottage charm today, and the numbers back it up: this turnkey property generated over $190,000 in gross rental revenue in 2025, with 2026 already trending the same. With a handful of targeted upgrades, there’s a clear path to push both the guest experience and the income even higher. Enjoy a close beach access, spacious outdoor living, and ample parking for boats or RVs, all just minutes from Destin’s best shopping, dining, and entertainment.
Move-in ready with proven cash flow and real upside, this is a rare chance to own a well-designed, income-producing beach home with a clear runway to maximize its potential in one of Destin’s most sought-after coastal communities.
The thoughtfully laid-out main home is paired with a private guest house above the detached garage -- ideal for short-term rental income, multi-generational living, or hosting guests. The bones and layout deliver beach cottage charm today, and the numbers back it up: this turnkey property generated over $190,000 in gross rental revenue in 2025, with 2026 already trending the same. With a handful of targeted upgrades, there’s a clear path to push both the guest experience and the income even higher. Enjoy a close beach access, spacious outdoor living, and ample parking for boats or RVs, all just minutes from Destin’s best shopping, dining, and entertainment.
Move-in ready with proven cash flow and real upside, this is a rare chance to own a well-designed, income-producing beach home with a clear runway to maximize its potential in one of Destin’s most sought-after coastal communities.
-
Property type
House
-
Floors
2
-
Year built
2003
-
Price/sqft
$591
Features
- Pool
- Garage
- Water View
- Garden
- Fire Pit
- Fireplace
- Pergola
- Air Conditioning
- Parking
Features
Lot
- Coastal
- Water View
Indoor
- Fireplace
- Air Conditioning
- Stone Countertops
Outdoor
- Balcony
- Parking
- Fire Pit
- Pool
- Garage
- Pergola
- Garden
Explore the Area
4571 Luke Avenue, Destin, Florida, United States
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Last updated
September 25
First listed
August 5
Listing reference
1009185
Listing status
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