4541 Luke Avenue

Description

Short term rental powerhouse featuring a brand new 2022 build with 8 bedrooms including 7 king suites each with private baths and a bunk room, full kitchen, multiple living areas, private heated pool, and massive 20 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than two blocks from beach access with a 3-minute golf cart ride ensures high occupancy. Includes a free six-seater golf cart and two paddleboards 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 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. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of 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.