298 Lafitte Crescent

Fort Walton Beach, FL 32547

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.

Listing courtesy of Diane E Cheng of World Impact Real Estate



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Last checked: 2026-09-23 04:05 AM UTC