tomo logo

$2,500,000

Beds
6
Baths
4.0
sq ft
3,759

4421 Luke Ave, Destin, FL 32541

4421 Luke Ave

Destin, FL 32541

  • 5 days on market
Seas The Moment - A Crystal Beach Gem with Exceptional Income and Coastal Charm..Welcome to Seas The Moment, a premier investment and lifestyle property located at 4421 Luke Avenue in the heart of Destin's coveted Crystal Beach neighborhood. Just a half-mile stroll to the sugar-white sands and emerald waters of the Gulf of Mexico, this exceptional short-term vacation rental offers both a serene coastal retreat and a powerful income-producing asset -- capturing over $230,000 in annual rental income. Situated on a rare lot and a half, this property offers an impressive footprint that includes a main home with 4 spacious bedrooms, plus two private carriage house studios, ideal for maximizing occupancy and guest flexibility. Accommodations registered for up to 14 guests and 8 vehicles. This home is tailor-made for large families, multi-generational groups, or friends seeking the ultimate beach getaway. Step outside into your private backyard oasis, complete with an in-ground pool, hot tub, and firepit. The perfect setting for poolside relaxation, evening cocktails, and memorable conversations under the stars. The thoughtfully landscaped outdoor space is designed for comfort, entertainment, and unforgettable experiences. Inside, the home blends classic coastal style with modern amenities, offering light-filled interiors, open-concept living, and ample room for guests to gather and unwind. Each carriage house studio offers privacy and flexibility, perfect for guests seeking a quiet escape or couples looking for their own space. Located in one of Destin's most desirable neighborhoods, Seas The Moment is minutes from local favorites like Camille's, Crystal Beach Plaza, and the Destin Commons. Whether you're looking for a turn-key vacation rental, a second home, or a blend of both-this property checks every box. Seize the moment- and make this one-of-a-kind beach retreat yours.

Details

Property type

Single Family Residence

Est. home value

$1,841,393

Lot size

0.30 acres

Price per sq ft

$666

Year built

1993

Price History

04/03/2025
EmeraldCoast

EmeraldCoast #972990

Listed
$2,500,000
+110.08%
06/19/2020
EmeraldCoast

EmeraldCoast #844218

Sold
$1,190,000
+41.67%
07/28/2016
EmeraldCoast

EmeraldCoast #752393

Sold
$840,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$888,345
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$1,411,655
Cash to seller
$888,345

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

August 2022

Original loan amount

$1,462,000

Est. remaining balance

$1,411,655

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Rodney J Schmidt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/08/2025 at 1:50 PM

Listing updated: 04/07/2025 at 9:56 AM

Listed by: Nikki L Segraves, Nikki Segraves Wood, Nikki Slattery, Nikki Slattery, Nikki Slattery, ERA American Real Estate Phone #: (850) 651-2454

MLS: EmeraldCoast #972990

EmeraldCoast logo

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