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4563 Luke Ave, Destin, FL, 32541

6beds
6baths
3,548sqft
$2,150,000
$606price/sqft
$13,971/moest. monthly cost
$558,840/yrincome needed

About This Home

Short term rental powerhouse featuring a new designer-furnished home with private heated pool, fenced backyard, and massive 26 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Just 2 blocks to multiple sugar-sand beach accesses ensures high occupancy. Includes a complimentary six-seater golf cart and kayak for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

8/10
Destin Middle SchoolGrades 5-81.1 mi
5/10
10/10
Destin Elementary SchoolGrades PK-44.6 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: First
  • Area: 169
  • Dimensions: 13 x 13

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 x 12

Bedroom

  • Level: Second
  • Area: 77
  • Dimensions: 7 x 11

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 12 x 15

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Second
  • Area: 266
  • Dimensions: 14 x 19

Cooling

  • Cooling features: Central Air

Dining Area

  • Level: First
  • Area: 182
  • Dimensions: 14 x 13

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 3,548
  • Total interior livable area: 3,548 sqft

Kitchen

  • Level: First
  • Area: 195
  • Dimensions: 15 x 13

Living Room

  • Level: First
  • Area: 338
  • Dimensions: 26 x 13

Master Bathroom

  • Level: First
  • Area: 195
  • Dimensions: 13 x 15

Property

Details

  • Parcel number: 002S22058000310030
  • Zoning description: Resid Single Family

Features

  • Stories: 2

Lot

  • Lot size: 7,840 sqft
  • Lot size dimensions: 50 x 154

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,871$130,452
Home Insurance *$326$3,912
Property Taxes $2,417$29,004
Electricity $357$4,284
Total$13,971$167,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$479,005/yr
40% on housing$419,130/yr
45% on housing$372,560/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$606This listing

vs Other Active Listings

Avg $/sqft

ZIP 32541$409
Okaloosa County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 32541$401
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-04Listed for sale$2,150,000
2020-09-25Sold$1,100,000
2020-06-30Price change$1,199,000
2019-09-24Price change$1,274,900
2019-05-21Price change$1,278,000
2019-04-25Listed for sale$1,279,000

For Sale by Agent

AgentEthan D Knight
BrokerageCentury 21 Wimco Realty Inc

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