1 month on rocket

4550 Luke Ave, Destin, FL, 32541

$4,000,000

8 Bedrooms
8 Full Baths
4,956 SqFt
$807/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built2024
HeatingCentral
CoolingCeiling Fan(s), Central Air
Private PoolYes
MLS #945478
Lot Size0.17 Acres
StatusActive

About 4550 Luke Ave

Amazing NEW CONSTRUCTION in the desirable neighborhood of Crystal Beach. 8 bedroom, 8 bathroom, 4 separate living areas! Parking for 8 cars. Gulf views, Large pool with spa. Close to 2 of the best beach accesses in Destin! Its very rare to find a new construction on a corner lot. After many years of building, I believe we have perfected the process. All materials were chosen for their longevity and strength! Hardie board siding, Aluminum powder coated railings, Trex decking, vinyl fencing and the list goes on. We have an amazing floor plan that is designed for large families while providing separation and living space both inside and out! This home will be completed in April and ready to rent for summer 2024. Offered fully furnished and ready to produce amazing rental income!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 3
  • Living Area: 4,956 SqFt

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4946
  • Listing Agent: Ralph M Harvey

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Vaulted Ceilings, Kitchen Island, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fenced Back Yard, Patio Covered, Pool - In-Ground

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

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 98 turn south onto Crystal beach drive, Make a left on Luke ave and we are a few blocks down on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000
  • Price Per SqFt: $807/SqFt

Tax Information:

  • Annual Amount: $1,889
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

4550 Luke Ave vs Destin

37 DAYS ON ROCKET

-45 Days

$4,000,000

+$3.3M More

$807/SqFt

+$390 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $390/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: #945478

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4946
  • Listing Agent: Ralph M Harvey

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: 4/29/2024, 11:20:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 23, 1997Home Sold
$136,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,889$189,377
2018$1,843$181,667
2017$1,837$177,930

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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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-3073064
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 4.57 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3073065
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 1.17 miles

  • Public District Grades 5-8

school-card-donut-3073066
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 11.17 miles

  • Public District Grades 3-8

High School

school-card-donut-3073067
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 13.44 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. Typical income of Destin, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4550 Luke Ave

What is the listing price of this property?

The listing price of 4550 Luke Ave property is $4,000,000.

What type of property is this?

The property 4550 Luke Ave is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4550 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 4550 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,889 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 23, 1997 for $136,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4550 Luke Ave has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 4550 Luke Ave is 4,956 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4550 Luke Ave is 2024.
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Rocket HomesFloridaOkaloosa CountyDestin325414550 Luke Ave

This home is located at 4550 Luke Ave in Destin, FL and zip code 32541. This 4,956 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $4,000,000.

While more than 3 listings in Destin, FL in March 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 38 were sold below. The number of listings in Destin, FL increased by 15.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $667,755, while the average time on the real estate market was 82 days.

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

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