Welcome to an exceptional coastal retreat in the heart of Crystal Beach, where location, flexibility, and investment potential converge. Just two blocks from beach access and positioned on a desirable south-facing homesite, this impressive property offers sunshine-filled living and outstanding versatility.
Spanning approximately 2,869 square feet, the residence includes a 4-bedroom, 3-bath main home complemented by a separate 3-bedroom, 3-bath guest house—ideal for hosting extended family, accommodating guests, or maximizing rental flexibility. Thoughtfully designed for comfort and function, the layout supports both personal enjoyment and income-producing use.
Outdoor living shines with an in-ground pool, elegant paver driveway, and a rare 1.5-lot homesite, a true standout in Crystal Beach. Offered fully furnished, this turn-key property allows for immediate enjoyment or seamless continuation of its current use.
The home has been utilized as a short-term rental and has demonstrated strong historical rental performance, with seller-provided figures indicating approximately $90,000-$110,000 in annual gross rental income (buyer to independently verify). Additionally, vacant lots in Crystal Beach have recently been marketed at approximately $1,000,000, underscoring the value of this location.
Whether you're seeking a coastal second home, a multi-generational beach retreat, or a property with income potential, this Crystal Beach opportunity delivers on lifestyle and location.
For sale
$1,549,000
4431 Luke Ave, Destin, FL 32541
7beds
2,829sqft
Single Family Residence
Built in 1991
0.32 Acres Lot
$1,446,400 Zestimate®
$548/sqft
$-- HOA
What's special
In-ground poolOffered fully furnishedSunshine-filled livingDesirable south-facing homesiteElegant paver driveway
- 158 days |
- 234 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Kendra R Sheikho 315-405-6744,
Coldwell Banker Realty,
Terry J Pilcher 850-865-2541,
Merrifield & Pilcher Realty
Source: ECAOR,MLS#: 971822
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Level: First
- Area: 280 Square Feet
- Dimensions: 20 x 14
Primary bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: First
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bathroom
- Level: First
- Area: 1 Square Feet
- Dimensions: 1 x 1
Kitchen
- Level: First
- Area: 90 Square Feet
- Dimensions: 10 x 9
Living room
- Level: First
- Area: 432 Square Feet
- Dimensions: 24 x 18
Other
- Level: First
- Area: 1 Square Feet
- Dimensions: 1 x 1
Other
- Level: First
- Area: 1 Square Feet
- Dimensions: 1 x 1
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows, Window Treatments
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,829
- Total interior livable area: 2,829 sqft
Property
Features
- Stories: 1
- Pool features: In Ground
Lot
- Size: 0.32 Acres
- Dimensions: 164 x 80
Details
- Additional structures: Guest House
- Parcel number: 002S22058000390060
- Zoning description: City, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Construction Complete
- New construction: No
- Year built: 1991
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: CRYSTAL BEACH
Location
- Region: Destin
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $953,256
- Annual tax amount: $9,614
- Date on market: 4/8/2026
Estimated market value
$1,446,400
$1.37M - $1.52M
$6,599/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Price change | $1,549,000-8.8%$548/sqft |
Source:  ECAOR #971822 Report a problem | ||
| 1/29/2026 | Listed for sale | $1,699,000$601/sqft |
Source: ECAOR #971822 Report a problem | ||
| 1/8/2026 | Listing removed | $1,699,000$601/sqft |
Source: ECAOR #971822 Report a problem | ||
| 10/13/2025 | Listed for sale | $1,699,000$601/sqft |
Source: ECAOR #971822 Report a problem | ||
| 10/1/2025 | Listing removed | $1,699,000$601/sqft |
Source: ECAOR #971822 Report a problem | ||
| 5/29/2025 | Price change | $1,699,000-5.6%$601/sqft |
Source: ECAOR #971822 Report a problem | ||
| 3/21/2025 | Listed for sale | $1,799,000+373.5%$636/sqft |
Source: ECAOR #971822 Report a problem | ||
| 7/29/2011 | Sold | $379,900-9.5%$134/sqft |
Source: Public Record Report a problem | ||
| 5/21/2011 | Price change | $419,900+2.7%$148/sqft |
Source: FLORIDA CONNECT REALTY #554404 Report a problem | ||
| 4/28/2011 | Price change | $409,000-2.4%$145/sqft |
Source: FLORIDA CONNECT REALTY #554404 Report a problem | ||
| 3/19/2011 | Listed for sale | $419,000-0.5%$148/sqft |
Source: FLORIDA CONNECT REALTY #554404 Report a problem | ||
| 4/9/2008 | Sold | $421,000-29.7%$149/sqft |
Source: Public Record Report a problem | ||
| 2/1/2008 | Listed for sale | $599,000$212/sqft |
Source: NCI #455261 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,161 +5.7% | $778,301 -15.4% |
| 2023 | $9,614 +10.3% | $919,679 +12.7% |
| 2022 | $8,717 +18.5% | $816,378 +35.9% |
| 2021 | $7,356 +8.2% | $600,726 +8.1% |
| 2020 | $6,798 +4.7% | $555,876 +2.6% |
| 2019 | $6,494 +12.4% | $541,929 +18% |
| 2018 | $5,777 | $459,271 +14.6% |
| 2017 | $5,777 +10.3% | $400,904 +10.1% |
| 2016 | $5,237 +10.7% | $364,181 +6.8% |
| 2015 | $4,730 +5.7% | $341,060 +11.9% |
| 2014 | $4,475 | $304,676 +10.4% |
| 2013 | -- | $275,947 +6.8% |
| 2012 | -- | $258,326 -7.6% |
| 2011 | -- | $279,626 -10.9% |
| 2010 | -- | $313,768 -26.8% |
| 2009 | -- | $428,735 -17.2% |
| 2008 | -- | $518,034 -9.7% |
| 2007 | -- | $573,440 -10.4% |
| 2006 | -- | $640,319 +63.8% |
| 2005 | -- | $390,931 +60.8% |
| 2004 | -- | $243,094 +32.6% |
| 2003 | -- | $183,352 +12.5% |
| 2002 | -- | $162,916 +1.7% |
| 2001 | -- | $160,195 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 12.8 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 4 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Destin
- 32541
- 4431 Luke Ave
Nearby cities
Nearby zip codes
Other Destin Topics
