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$319,900
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Property Description
EXTERIOR HAS BEEN FRESHLY PAINTED... NO WOOD ROT!! DEED 24ft BOAT SLIP 1 STORY-3 Bedrooms, 2 bathrooms and a 1 car garage townhome. As you walk into your home you have cathedral ceilings in your family room. LVP FLOORING THROUGHOUT your home. Family room opens to your dining room which has French doors that lead out to your covered patio. Breakfast bar is what divides the kitchen from the dining room. Master suite with your en-suite is off of the kitchen. Your bathroom has tile and a marble tub. You have a nice size master suite with walk in closet. Your other 2 guest bedrooms and bath are off of the family room. You have a hall that leads you to your spare bedrooms. You have a tiled full bath with and a tub/shower between the guest rooms. Your back guest room has a door that leads that leads out to your private fenced in back yard. YOUR BOAT SLIP IS JUST STEPS AWAY. You also have an additional parking spot across the street that has your name on it. If you do not want the privacy that the bushes offer you can do what the first 1 story townhome did on Waterway. They have front parking with grass. Pets have left and moved to the new home. New AC and garage door will be replaced at closing with acceptable offer
Full Property Details
Full Property Details for 421 Waterway Ln
General
- Price: $319,900
- Taxes: $2,556 (2024)
- Status: Active
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 983456
- Updated: 3/3/2026
- Added to Site: 197 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Interior Features: Ceiling Vaulted, Floor Tile, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup, Window Treatmnt Some
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Beach, Deed Access, Dock, Dumpster, Fishing, Pavillion/Gazebo, Pets Allowed, Waterfront
Exterior
- Exterior Features: Fenced Privacy, Patio Covered
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Parking: Deeded, Garage
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Harbor T/H
- Driving Directions: leaving Shalimar on Eglin heading south, Go over the Shalimar Bridge pass the dollar tree and at Matts Auto Shop turn-that is Waterway lane
School Information
- Elementary School: Shalimar
- Middle School: Pryor
- High School: Choctawhatchee
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, Sewer Available, TV Cable
Structural Information
- Architectural Style: Townhome
- Construction: Roof Dimensional Shg, Roof Pitched, Siding Brick Some, Siding Shake, Slab
- Stories/Levels: 1
- Square Feet: 1,249
- Sq. Ft. Source: County PA Records
- Year Built: 1989
Lot Features
- Property View: Bayou
- Street/Road Desc.: Paved Road, Private Road
- Lot Features: Covenants, Dead End, Flood Insurance Req, Interior, Level, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Multi-Family
Financial Considerations
- Assessment Amount: $100
- Assmt Payment Freq: Monthly
- Tax Amount: $2,556
- Tax Year: 2024
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: HARBOR T/H N5.46 FT LOT 8 & ALL LOTS 9 & 10 & S3.12 FT LOT 11
- Assessment: Yes
- APN: 01-2S-24-5055-0000-009A
Buyer's Brokerage Compensation: 2.2%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 421 Waterway Ln
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Shalimar Elementary School 1350 Joe Martin Circle, Shalimar, FL 32579 | PK-5 | 1.4 mi |
W. C. Pryor Middle School 201 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 6-8 | 1.6 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 Waterway Ln
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$319,900
-4.48%
MLS
12/05/2025
Price Reduced
$334,900
-1.47%
MLS
10/12/2025
Price Reduced
$339,900
-2.86%
MLS
9/13/2025
Price Reduced
$349,900
-5.41%
MLS
8/19/2025
Listed
$369,900
351.1%
MLS
7/27/2001
Sold
$82,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 421 Waterway Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,657
4%
$240,456
-2%
2024
$2,557
4%
$244,327
1%
2023
$2,455
35%
$242,001
62%
2021
$1,821
-9%
$149,240
-14%
2022
$2,000
10%
$174,374
36%
2021
$1,821
21%
$128,107
15%
2019
$1,500
8%
$111,770
10%
2018
$1,393
13%
$101,609
10%
2017
$1,232
10%
$92,372
9%
2016
$1,118
1%
$84,381
3%
2015
$1,104
2%
$82,126
2%
2014
$1,083
3%
$80,489
3%
2013
$1,051
—
$78,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 421 Waterway Ln
421 Waterway Lane, Fort Walton Beach, FL 32547 (MLS# 983456) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 421 Waterway Lane is currently listed for $319,900 and was received on August 19, 2025. Want to learn more about 421 Waterway Lane? Do you have questions about finding other Townhouse real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

