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4575 Luke Avenue
Bedrooms : 11
Baths : 12
Sqft : 6373
MLS #: 921464
4575 Luke Avenue
This exceptional 11-bedroom property, known as ''Poseidon's Palace,'' is a unique investor's dream in Crystal Beach, Destin's prime rental destination. Situated on a rare double lot, this oasis offers unparalleled space and privacy that is seldom found in the area. With rental figures already at $272,000 and projected to surpass an additional $100,000 by the end of the year, this property offers an excellent return on investment. Experience the ultimate coastal-style vacation in this luxurious three-story home that accommodates up to 30 guests. Boasting two living rooms, a spacious kitchen, two large dining tables, a kitchenette on the third floor with a secondary fridge and an extra ice-maker, two balconies, an arcade, and ten king bedroom suites, each with private bathrooms, this home... has everything you need for a comfortable stay. Additionally, it features a very large bunk room that is perfect for large families or groups. This fully furnished home is an excellent investment opportunity as it will transfer all current rental bookings, ensuring a guaranteed stream of income from the day you close. Whether you are looking to generate rental income or create lasting memories with family and friends, this stunning property is the perfect place to do so. Take advantage of the private pool and convenient beach access, without having to worry about HOA fees. Built in 2022, this home's superb location near fantastic shopping and dining options, along with its incredible rental income potential, make it a one-of-a-kind property that should be at the top of your list. Don't miss out on the opportunity to see this spectacular property before it's too late. Call today to schedule a private viewing.
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© 2022 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). 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. Information is believed to be accurate but is not guaranteed. Data last updated: Current Data as of Listing courtesy of Beach Group Properties LLC.