Key Facts
- MLS® #: 974783
- Property ID: SIRC2995622
- Original Price: USD 2,597,500
- 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
Ask Us For More Information
Ask Us For More Information
Location
4559 Luke Avenue , Destin, Florida, 32541 United States
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowMarketed By
Scenic Sotheby's International Realty
3305 West County Highway 30A
Santa Rosa Beach, Florida, 32459
United States
8502316052
