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Home For Sale
4431 Luke Avenue
Destin, Florida 32541
Okaloosa CountyCommunity: CRYSTAL BEACH
$1,699,000
7 br, 6.0 bath
2829 sq. ft.
0.320 acres
Welcome to an exceptional coastal retreat in the heart of Crystal Beach, where location, flexibility, and investment potential converge. Just two blocks from beach access and positioned on a desirable south-facing homesite, this impressive property offers sunshine-filled living and outstanding versatility. Spanning approximately 2,869 square feet, the residence includes a 4-bedroom, 3-bath main home complemented by a separate 3-bedroom, 3-bath guest house-ideal for hosting extended family, accommodating guests, or maximizing rental flexibility. Thoughtfully designed for comfort and function, the layout supports both personal enjoyment and income-producing use. Outdoor living shines with an in-ground pool, elegant paver driveway, and a rare 1.5-lot homesite, a true standout in Crystal Beach. Offered fully furnished, this turn-key property allows for immediate enjoyment or seamless continuation of its current use. The home has been utilized as a short-term rental and has demonstrated strong historical rental performance, with seller-provided figures indicating approximately $90,000-$110,000 in annual gross rental income (buyer to independently verify). Additionally, vacant lots in Crystal Beach have recently been marketed at approximately $1,000,000, underscoring the value of this location. Whether you're seeking a coastal second home, a multi-generational beach retreat, or a property with income potential, this Crystal Beach opportunity delivers on lifestyle and location.
Interior:
- Bedrooms: 7
- Baths: 6.0
- Sq Ft: 2829
- Year Built: 1991
- Utilities:
- Fireplaces:
- Stories: 1
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.320 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Siding Vinyl
- Roof:
- Property Taxes: $9,614
- MLS #: 971822
Contact Information:
Listing Agent: Kendra R Sheikho, Coldwell Banker Realty, 315-405-6744, 850-682-4300
Listing Site, Listing Status: Active
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5946564
Viewed 211 times.
Updated: Feb 19, 2026

