Key Facts
- MLS® #: 974783
- Property ID: SIRC2387690
- Original Price: USD 2,750,000
- Property Type: Residential, Single Family Detached
- Style: Contemporary
- Lot Size: 0.64 ac
- Year Built: 2018
- Bedrooms: 8
- Bathrooms: 8+1
- Listed By:
- Josh Weddington, Wesley Madden
Property Description
Situated on a rare double lot in Destin’s sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history—consistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential.
Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet bar—ideal for family fun or post-beach wind-downs.
Each bedroom offers a private escape with ensuite baths and refined coastal décor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location.
Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.
Amenities
- Beach Resort
- Boating
- Central Air
- Cycling
- Fishing
- Fly-In
- Golf
- Golf Community
- Jogging/Bike Path
- Ocean / Beach
- Resort
- Suburban
Listing Agents
- Josh Weddington
C. 8502188797
O. 8502188797
- Wesley Madden
C. 8508307995
O. 8508307995
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Location
4559 Luke Avenue , Destin, Florida, 32541 United States
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Scenic Sotheby's International Realty
12805 E US Highway 98 Suite D201
Inlet Beach, Florida, 32461
United States
8502316052