6 months on rocket

4515 Luke Ave, Destin, FL, 32541

$3,365,000

8 Bedrooms
9 Full Baths, 1 Partial
4,620 SqFt
$728/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
HeatingCentral
CoolingCeiling Fan(s), Central Air
Private PoolYes
MLS #935489
StatusActive

About 4515 Luke Ave

Dont settle for an old home thats 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 areas top builders and is just a short.. walk to the beach. If youre 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 youre 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 Destins best shopping, dining, and golf. Dont 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2023
  • Stories: 3
  • Living Area: 4,620 SqFt

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: blake@scenicsir.com
  • Listing Agent: Caleb Midgett

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Ice Maker
  • Flooring Type: Vinyl
  • Interior: Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground

Lot Features

Lot Information:

  • Lot: Interior Lot, Within 1/2 Mile to Water

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Emerald Coast Parkway, head south on Crystal Beach Dr, turn left onto Luke Ave, and home will be on the left just past Stingray.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,365,000
  • Price Per SqFt: $728/SqFt
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

4515 Luke Ave vs Destin

189 DAYS ON ROCKET

+104 Days

$3,365,000

+$2.7M More

$728/SqFt

+$320 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $320/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #935489

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: blake@scenicsir.com
  • Listing Agent: Caleb Midgett

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.1K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5993167
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 4.40 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5993168
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 1.11 miles

  • Public District Grades 5-8

school-card-donut-5993169
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 11.00 miles

  • Public District Grades 3-8

High School

school-card-donut-5993170
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 13.26 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,149. The majority of Destin, FL residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4515 Luke Ave

What is the listing price of this property?

The listing price of 4515 Luke Ave property is $3,365,000.

What type of property is this?

The property 4515 Luke Ave is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4515 Luke Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4515 Luke Ave are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 4515 Luke Ave has 8 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 4515 Luke Ave is 4,620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4515 Luke Ave is 2023.
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Rocket HomesFloridaOkaloosa CountyDestin325414515 Luke Ave

This home is located at 4515 Luke Ave in Destin, FL and zip code 32541. This 4,620 square foot home was built in 2023. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $3,365,000.

In April 2024, from all listings sold in Destin, FL there were more than 7 sold above asking price, over 34 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Destin, FL between March 2024 and April 2024 increased by 5.2%. While the average time on the market in April 2024 was 85 days, the median list price was $658,185.

From Rocket Homes Real Estate and based on county public records data.

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