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602 Cinco Terrace Lane, Fort Walton Beach, FL 32547

$925,000
  • 602 Cinco Terrace Lane, Fort Walton Beach, FL 32547 Main Photo

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New to the Market Active
BEDS4 BATHS2 full 1 partial SQUARE FEET1,989 MLS#1003220
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMeets and Bounds NEIGHBORHOOD12 - Fort Walton Beach

Property Description

602 Cinco Terrace presents a rare waterfront opportunity with approximately 122 feet of protected bayou frontage while sitting well above the waterline, helping keep flood insurance costs significantly lower than many comparable waterfront properties. The home offers exceptional expansion potential with approximately 1,000 additional square feet ready to be incorporated into the existing footprint. A previously constructed and framed staircase location is already in place to seamlessly connect the upstairs living area to the unfinished lower level, creating a blank canvas for additional living space, guest quarters, an entertainment area, workshop, or custom design. Plumbing infrastructure for a future bathroom has already been planned with a drain line installed beneath the slab, simplifying future improvements without the need to disturb the concrete.Inside, the home blends original character with modern updates. Fresh interior paint, updated lighting, and new luxury vinyl plank flooring throughout the living spaces, hallways, and bedrooms create a clean, contemporary feel while complementing the home's natural architectural features. Rich wood tones and stylish color-drenched interiors bring warmth and cohesion throughout the living spaces, creating an inviting waterfront atmosphere with timeless appeal. Popcorn ceilings were also removed throughout the home and garage in 2026, further enhancing the updated presentation.Beyond the cosmetic improvements, the property has undergone substantial functional upgrades focused on durability, efficiency, and long-term peace of mind. Hurricane shutters were added to the windows, while the original asphalt roof was replaced with a metal shingle roofing system designed for longevity and enhanced weather resistance. In 2025, all exterior doors were upgraded to hurricane-rated doors with warranty documentation available. The kitchen was also refreshed with a full suite of Bosch appliances, pairing modern performance with the home's cohesive design aesthetic. Additional improvements include professionally cleaned and resealed grout in the bathrooms, kitchen, breakfast area, and office, along with updated ceiling fans and fixtures throughout the home.Outdoor living was thoughtfully expanded to maximize the waterfront setting. The upper deck and lower concrete patio were widened to create more usable entertaining space, while a screened room was added to the upper deck to provide a comfortable year-round outdoor retreat overlooking the bayou. The lower level was further enhanced with expanded concrete flooring supported by CMU retaining walls, adding flexibility for storage, workshop space, hobbies, or future buildout potential. A dedicated photography darkroom also adds a unique creative element rarely found in comparable properties.The mature landscaping creates a layered waterfront setting that blends native Florida vegetation with ornamental and edible plantings. Established live oaks, palms, palmettos, pine trees, ferns, agave, and American beautyberry provide natural texture and privacy throughout the grounds. Flowering additions including crepe myrtle, hydrangea, Rose of Sharon, fringe flower, amaryllis, caladium, fatsia, and crinum lilies introduce seasonal color and depth to the outdoor environment, while edible plantings such as banana trees, kumquat, fig, olive, and ginger further enhance the property's coastal garden atmosphere. A landscape irrigation system supports the grounds, and the

602 Cinco Terrace Lane | MLS# 1003220

This single family home located at 602 Cinco Terrace Lane, Fort Walton Beach, FL 32547 is currently listed for sale with an asking price of $925,000. This property was built in 1980 and has 4 bedrooms and 2 full and 1 partial baths with 1989 sq. ft. Cinco Terrace Lane is located in the Meets and Bounds subdivision. Search Meets And Bounds real estate on online.fusion2b.com today.

Upcoming Open Houses

Open House Wednesday May 20th, 4:30pm - 6:30pm

Property Features

Property Type: Residential - Single Family
Basement: Basement Unfinished
Basement: Yes
Cooling: Ceiling Fans, Central Air
Garage: 2 car attached
Heating: Central
Home Style: Ranch
Lot Size: 0.26 Acres
Stories: 1.0
Taxes: $4,262
Year Built: 1980

Feature Descriptions

Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Days on Site: 3
Exterior: Rain Gutter, Balcony, Columns, Hurricane Shutters, Lawn Pump
Exterior: Brick
Financing Terms: Conventional, FHA, VA, Other
Flooring: Floor Tile, Floor Vinyl
Foundation: Slab
Interior: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace, Newly Painted, Pantry, Washer/Dryer Hookup
Lot: Cul-De-Sac, Flood Insurance Req, Interior, Level
Lot Dimensions: 168x122x130x64
Parcel Number: 11-2S-24-0000-0015-0020
Patio/Porch: Deck Open, Patio Enclosed
Property Condition: Construction Complete
Road Frontage: Private Road
Rooms Total: 14
Sewer: Public Sewer
Special View Info: Bayou
Sub Type: Detached Single Family
Utilities: Electric, Public Water
Waterfront: Bayou
Window: Double Pane Windows, Tinted Windows

Local Schools

High School: Fort Walton Beach
Middle School: Bruner
Elementary School: Wright

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty FWB

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Emerald Coast MLS

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Estimated Payment

$ 2,683.61 per month $2,058.65 Principal & Interest $355.17 Property Tax $269.79 Homeowner's Insurance

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