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298 Lafitte Crescent, 
Fort Walton Beach, FL 32547

$775,000


3

Beds


2

Baths


2,157

Sq Ft


Single Family

Pending

Listed by

Diane E Cheng

World Impact Real Estate

Last updated:

August 19, 2026, 07:30 AM

MLS#

1007776

Source:

FL ECAR

About This Home

298 Lafitte Crescent

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1974

Subdivision & Development:

COLONY ESTATES

Price Summary

775,000

$359 per Sq. Ft.

MLS #:

1007776

Last Updated:

August 19, 2026, 07:30 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,157 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,157 Sq. Ft.

Year Built:

1974


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$359 per Sq. Ft.

Source:FL ECAR
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. World Impact Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of World Impact Real Estate, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.