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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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298 Lafitte Crescent , Fort Walton Beach, FL 32547
$775,000
Est. Payment: $3,930.65/mo
3 Bed
2 Bath
2157 Sqft
Status: pending | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Move in ready & updated -- a rare deep water opportunity on beautiful Cinco Bayou. Located in Flood Zone X, this home requires no flood insurance, making it one of the most affordable true waterfront buys in the area. This inherited estate home has been in possession by only two families since its inception. It was expanded and updated by the second owner. The Sale is subject to the completion of Probate. This home is situated in a friendly walking, biking, strolling neighborhood. The neighborhood boat ramp just 3 minutes away, if you need one. A children's park complete with slides and swings is just a short 2 minute walk from the home. Freshly updated with new interior and exterior paint & new LVP flooring. The home is tiled in the kitchen and baths. This home is clean, modern, and completely carpet free. Perfect for anyone seeking a Florida waterfront getaway or a full time coastal lifestyle. A fisherman's and boaters Dream - Set on protected deep water, the private dock offers effortless access for your boats, jet skis, paddle boards, and more. Step right off the dock into the bayou for a quick dip or sunset paddle. And when you're ready for adventure, you're just minutes from Destin Pass and the Intracoastal Waterway, giving you fast routes to the Gulf, Crab Island, and endless boating destinations. Space for All Your Toys - If you need room for your boat, watercraft, RV, trailer, or a workshop, this property delivers: (see add'l Remarks This home has: o Two detached garages o Carport o Sheet rocked 2 car garage ideal for a workshop or future in law suite o Extra large yard with circular driveway and abundant parking o Exterior Shed. The home has been fully repainted inside with new LVP flooring in the Living Room/Den and all bedrooms. The remainder of the home has tile flooring. With approximately 2,157± sq ft of living space plus 800± sq ft of garage/workshop space, this home offers flexibility and room to grow. Inside you'll find - Large updated eat in kitchen perfect for entertaining, 3 bedrooms and 2 full baths, separate Living & Family Rooms This home is ready for your imagination -- whether you want to expand, add an in law suite, or simply enjoy the peaceful waterfront lifestyle as is. The dock, and covered slip is in need of repairs, but remains partially functional. Electric Boat Lift is operational. Dock, boat lift, exterior shed, wooden walkways, fences and Sprinkler system all convey as-is. Exceptional value, deep water access, and the best of Cinco Bayou -- all under $800K. Homes like this don't come around often.

Highlights

Listed by Diane E Cheng , 404-713-0071 World Impact Real Estate , 850-225-7000. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.4

Year Built

1974

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Colony Estates

Listing ID

1007776

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor Vinyl
Below Ground Sq Ft:0
Other:
  • Additional:Breakfast Bar, Ceiling Tray/Cofferd, Ceiling Vaulted, Kitchen Island, Pantry, Washer/Dryer Hookup

Exterior Features

Lot:Bulkhead/Seawall,Cleared,Irregular,Within 1/2 Mile to Water,Intracoastal Wtrwy,Bay,Bayou,Gulf/Pass,Harbor,Sound
Lot Dimensions:Irregular Lot Shape
Zoning:Resid Single Family
Others:
  • Additional:Boat Slip, Boatlift, Dock, Fenced Back Yard, Separate Living Area, Yard Building, Patio Open, Porch, Porch Open, Fenced Chain Link, Fenced Lot-Part, Fenced Privacy
Sewer:Public Sewer
Parking Features:Garage,Boat,Carport,Carport Attached,Detached,Garage Detached,Oversized,RV
Principal Interest
$3,931
Taxes
$153

Home Price

$775,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$155,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,930.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,930.65 $152.85 $0.00 $4,083.50
Yearly $47,167.85 $1,834.17 $0.00 $49,002.02
Total $1,415,035.36 $55,025.10 $0.00 $1,470,060.46

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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