$375,000
SOLD JUN 13, 2025

5 Marina Cove Dr Niceville, FL 32578

3 Beds
2.5 Baths
1,953 Sq Ft
$396/mo HOA Fee

Recently Sold

$192 Per Sq Ft

6% Below List Price

29 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Deck
  • Bluewater Elementary School Rated A-
  • Bay View
  • Cathedral Ceiling

About This Home

As of June 2025

Enjoy beautiful bay views from each level of this updated townhome. Easy access to the bluewater bay marina and LJ Schooners restaurant. Three bedrooms and two and a half baths. Updated kitchen. Massive walk in closet in primary suite upstairs. Great sunsets over the bay from your back deck and living areas.

Last Agent to Sell the Property

Daniel Perry

EXP Realty LLC License #3396391 Listed on: 05/01/2025

EXP Realty LLC

Last Buyer's Agent

Mark Hiller

EXP Realty LLC License #no data

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 1980

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Slate Roof
  • Stucco

Interior Spaces

  • 1,953 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Great Room
  • Family Room
  • Dining Room
  • Tile Flooring
  • Bay Views
  • Dryer

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Separate Shower in Primary Bathroom

Schools

  • Bluewater Elementary School
  • Choice-Destin/Ruckel Middle School
  • Niceville High School

Utilities

  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 16-1S-22-3070-0000-0050

Community Details

Overview

  • Association fees include accounting, ground keeping, management, repairs/maintenance
  • Marina Cove Village Ph 1 Subdivision

Recreation

  • Boat Dock
  • Waterfront Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,086

Year Built

Built in 1980

Lot Details

0

HOA Fees

$396 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Frontage Type: Private Road
  • Subdivision Name: MARINA COVE VILLAGE PH 1
  • Directions: Head down Bay drive until the marina, take last left before entering Marina parking lot
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1980
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Waterview:Bay2: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Microwave, Oven Double, Stove/Oven Gas, Water Heater - Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Floor Tile
  • Interior Amenities: Ceiling Cathedral, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:StoveOven Gas: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Oven Double: Yes

Exterior Features

  • Lot Features: Flood Insurance Req, Level
  • View: Bay
  • Construction Type: Stucco
  • Patio And Porch Features: Deck Open
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:Flood Insurance Req: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Gas - Natural, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Waterfront
  • Association #2 Fee: 396.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Repairs/Maintenance

Schools

  • Elementary School: Bluewater
  • High School: Niceville
  • Middle Or Junior School: Choice-Destin/Ruckel

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 16-1S-22-3070-0000-0050
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 12, 2025
Sold by
Ires Va Llc
Bought by
Schultz Jeff P and Olewnik Kyle Elizabeth
Seller's Agent
Daniel Perry
EXP Realty LLC
Buyer's Agent
Mark Hiller
EXP Realty LLC
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.04%
Original Mortgage
$153,000
Outstanding Balance
$153,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$243,612

Purchase Details

Closed on
May 29, 2024
Sold by
Oneill Peggy
Bought by
Ires Va Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 4, 2020
Sold by
Hadley Howard K and Hadley Sheryl W
Bought by
Oneill Peggy
Seller's Agent
Pat Matthews
Hooker Real Estate
Buyer's Agent
Rodney Waits
Equity & Trust Realty Inc
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Percival Wilbur J and Percival Jacqueline C
Bought by
Hadley Howard K and Hadley Sheryl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2001
Sold by
Kavalauskas Richard A and Kavalauskas Joann
Bought by
Percival Wilbur J and Percival Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,920
Interest Rate
7.02%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Bradley Title
Warranty Deed $385,000 Emerald Coast Title Services
Warranty Deed $375,000 Bright Light Land Ttl Co Llc
Warranty Deed $270,000 Mcneese Title Llc
Warranty Deed $138,000 Lawyers Title Agency Of The
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $216,000 Unknown
Previous Owner $80,000 Credit Line Revolving
Previous Owner $129,920 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $375,000 -3.8% $192 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $389,900 -2.5% $200 / Sq Ft
04/10/2025 04/10/25 For Sale $399,900 +6.6% $205 / Sq Ft
04/30/2023 04/30/23 Off Market $375,000 -- --
12/04/2020 12/04/20 Sold $375,000 0.0% $232 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $375,000 -- $232 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,086 $382,561 $122,500 $260,061
2023 $4,086 $374,567 $122,500 $252,067
2022 $3,981 $335,536 $122,500 $213,036
2021 $3,630 $286,696 $122,500 $164,196
2020 $3,148 $244,644 $96,250 $148,394
2019 $2,916 $223,339 $96,250 $127,089
2018 $2,990 $226,666 $0 $0
2017 $3,163 $237,764 $0 $0
2016 $2,843 $213,200 $0 $0
2015 $2,865 $209,174 $0 $0
2014 $2,844 $206,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 973516

Emerald Coast Association of REALTORS®

APN: 16-1S-22-3070-0000-0050