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Fort Walton Beach · Neighborhood

Colony Estates Homes for Sale

Colony Estates is a 345-parcel area of unincorporated Okaloosa County with a Fort Walton Beach mailing address, platted in three additions and built mostly in the 1960s, where 63 parcels touch Zone AE flood ground.

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    Living in Colony Estates

    County records divide Colony Estates into three subdivision names in Section 2, Township 2 South, Range 24: Colony Estates (parcel series 02-2S-24-0500, 157 parcels), Colony Estates 2nd Addition (0501, 42 parcels) and Colony Estates 3rd Addition (0502, 146 parcels). Together they hold 345 parcels on about 98 acres. Single-family lots number 340, ranging in size from 0.18 to 1.01 acres around a median of 0.25.

    Five parcels are not single-family homes: a supermarket, a restaurant, a vacant lot, a common-area parcel of 0.69 acre and a parcel of 0.14 acre coded County. The county roll shows its commissioners, written BCC Okaloosa County, as owner of both the common-area parcel and the County parcel. County zoning is R-1 on 343 parcels and MU on two.

    Year-built records exist for 342 parcels and run from 1960 to 2025: 305 from the 1960s, 19 from the 1970s, nine from the 1980s, one from the 1990s, six from the 2000s and two from the 2020s. The Second Addition dates to 1961 through 1964.

    Unincorporated Okaloosa County is where the county's city-limits map puts the area, even though its mailing city is Fort Walton Beach, ZIP code 32547. County address points list 345 addresses for 344 parcels on 15 streets: Pocahontas Drive (76 rows), Bradford Drive, Revere Avenue, Priscilla Drive, Plymouth Avenue, Alden Drive, Mayflower Avenue, Jamestown Avenue, Pilgrim Avenue, Standish Lane, Bradford Court, Colony Court, Standish Court, James Lee Road and Lang Road. Only the County parcel lacks an address, and one parcel carries both 547 and 547A Pocahontas Drive.

    On the county's copy of the FEMA flood map, 63 of the 345 parcels touch Zone AE: 50 in the original Colony Estates, 13 in the Second Addition and none in the Third. For 17 of them the zone covers the whole lot. The base flood elevation is 10 feet, and 11 feet on nine parcels. The 33 parcels that come within 30 feet of Cinco Bayou on the U.S. Geological Survey's water map are all in Zone AE. That leaves 282 parcels in Zone X, and some of those sit within its shaded 0.2 percent band.

    Under the Colony Estates name, the September 24, 2026 listing search returned 102 sold records and two active listings. Read it as sales on record that day; it neither reflects supply now nor covers every home.

    HOA & Fees

    What is the HOA fee at Colony Estates?

    No HOA fee for Colony Estates has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.

    Live Inventory

    Homes for Sale in Colony Estates

    Price Reduced

    $539,000

    576 Pocahontas Drive

    Fort Walton Beach, FL 32547

    3 bd 2.5 ba 2,500 sqft
    Price Reduced

    $399,900

    316 Priscilla Drive

    Fort Walton Beach, FL 32547

    4 bd 3 ba 1,682 sqft

    Local Answers

    Colony Estates FAQ

    How much is the HOA fee at Colony Estates?

    No HOA fee for Colony Estates has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.

    Which additions make up Colony Estates in the county records?

    Colony Estates (series 02-2S-24-0500), Colony Estates 2nd Addition (0501) and Colony Estates 3rd Addition (0502), with 157, 42 and 146 parcels. Keep the three separate when matching a property.

    Why does the Colony Estates record include a supermarket and a restaurant?

    The county series lists every parcel filed under the three addition names, not only houses. Of 345 parcels, 340 are single-family; the rest are a supermarket, a restaurant, a vacant lot, a common-area parcel and a County parcel.

    How many Colony Estates parcels touch Zone AE?

    Sixty-three of 345 on the county's copy of the FEMA map: 50 in the original section, 13 in the Second Addition and none in the Third. Seventeen lie wholly inside the zone, at 10 feet and, on nine parcels, 11 feet.

    How can 345 addresses match only 344 parcels?

    One parcel carries two address rows, 547 and 547A Pocahontas Drive, and the County parcel has no address at all. The two totals answer different questions.

    What does the 102 sold count for Colony Estates represent?

    The figure comes from September 24, 2026, when a search by the Colony Estates name returned 102 sold records alongside two active listings. It counts sales at one past moment, not parcels or current supply.

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