48 Marina Cove Dr Unit 302A Niceville, FL 32578
Bluewater Bay NeighborhoodEstimated payment $2,742/month
Highlights
- Marina
- Boat Dock
- Property Fronts a Bay or Harbor
- Bluewater Elementary School Rated A-
- Golf Course Community
- Fishing
About This Home
Bayfront Beauty! Stunning views from this 1BR/1BA condo at Bay Villas at the Bluewater Bay Marina, with an additional large loft area plus an office space. As you walk into this 1,280SF condo, you are greeted with serene bayfront views from almost every room. The kitchen features quality Thomasville solid wood craftsman cabinetry with 42-inch tall uppers and dovetai drawers, granite countertops, updated appliances walk-in pantry, and laundry closet with washer and dryer that convey. As you enter the living space it is open with soaring 20 ft ceilings, fireplace, & large private balcony access with breath-taking serene bay views - this unit truly is one of a kind! The bedroom could be utilized as additional living room/flex space and has private access to the balcony. Upstairs is large private loft area, which overlooks the living space below, and may be utilized as an additional sleeping loft/flex space. The condo has the capacity to sleep 6+. Other features include a large bathroom with jetted tub, along with al private office space. This darling unit also has a private oversized garage (lease option grandfathered to the unit). Freshly renovated with all new paint and smoothed ceilings, the unit is professionally cleaned and in immaculate condition. Perfect as a full-time residence, second-home/vacation spot, or as a lucrative short-term rental which would be perfect for AirBNB/VBRO or mid-term rental for investors. This is the best-priced bayfront condo here in the Bluewater Bay area! Located just a short walk from the Marina and Schooners Restaurant & Bar, and all the amenities of world-class Bluewater Bay where golfing, tennis, pickleball, pools, retail, medical offices, restaurants, and top-rated schools are all part of the perfect lifestyle, and all within 15 minutes reach of Eglin AFB or Destin and its beautiful white sandy beaches and emerald waters. The condo is professionally deep cleaned, freshly painted throughout, and ready to go! Don't miss this rare bayfront opportunity which also allows short-term rentals!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,826
Year Built
- Built in 1983
HOA Fees
- $719 Monthly HOA Fees
Parking
- 1 Car Detached Garage
Home Design
- Frame Construction
- Wood Trim
- Stucco
Interior Spaces
- 1,280 Sq Ft Home
- 3-Story Property
- Shelving
- Woodwork
- Paneling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Entrance Foyer
- Living Room
- Dining Area
- Home Office
- Loft
- Bay Views
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
Schools
- Bluewater Elementary School
- Ruckel Middle School
- Niceville High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Additional Features
- Balcony
- Property Fronts a Bay or Harbor
Listing and Financial Details
- Assessor Parcel Number 16-1S-22-0172-0000-302A
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, management, master, repairs/maintenance, water, trash
- Bay Villas Condos Subdivision
Amenities
- Picnic Area
- Elevator
- Community Storage Space
Recreation
- Boat Dock
- Community Boat Launch
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,777 | $185,962 | -- | -- |
| 2023 | $1,777 | $180,546 | $0 | $0 |
| 2022 | $1,726 | $175,287 | $0 | $0 |
| 2021 | $1,718 | $170,182 | $0 | $0 |
| 2020 | $1,708 | $167,832 | $0 | $0 |
| 2019 | $1,681 | $192,500 | $0 | $0 |
| 2018 | $1,660 | $161,000 | $0 | $0 |
| 2017 | $1,645 | $157,689 | $0 | $0 |
| 2016 | $1,599 | $154,446 | $0 | $0 |
| 2015 | $1,630 | $153,372 | $0 | $0 |
| 2014 | $1,634 | $152,155 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2025 11/15/25 | For Sale | $355,000 | -- | $277 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $148,500 | First National Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $141,000 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 989696
APN: 16-1S-22-0172-0000-302A
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