NOT LISTED FOR SALE

700 Bay Dr Unit 1012 Niceville, FL 32578

Bluewater Bay Neighborhood

Estimated Value: $333,000 - $352,080

2 Beds
2 Baths
1,775 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 18, 2025

Last sale price $340,000 $192 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,290/month

About This Home

**Assumable 3.375% VA Loan Option**
Don't miss this rare opportunity to own a charming 1-story patio home in Royal Oaks Village, Bluewater Bay! This home offers 2 bedrooms, 2 bathrooms, 2 living areas, and a 2-car garage. As you enter, you're greeted by a private courtyard with arbor and landscape lighting. Inside, the spacious layout features a large living and dining area with vaulted ceilings, plus a bonus room that can serve as an office, playroom, or be converted into a 3rd bedroom. The kitchen is equipped with an electric range, microwave, dishwasher, French door stainless refrigerator, and white cabinets with granite counters and tile backsplash. A huge secondary living space off the kitchen offers endless possibilities for dining, family room, or hobbies. The master bedroom has sliding doors leading to the private back courtyard, with a master bath featuring a walk-in closet and separate dressing area. The second bedroom also has a walk-in closet, with a secondary bathroom offering a jetted tub and shower. Recent updates include fresh paint, removal of popcorn ceilings, and new flooring. Enjoy Bluewater Bay's incredible amenities, including golf, tennis, pools, marina, boat storage, and more! Conveniently located near the Mid-Bay Bridge, Destin, and the beach. These units rarely come on the market - seize this fantastic opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Jul 18, 2025
Sold by
Burkart Luke and Burkart Ashtin
Bought by
Waddill Frances Lee Kathleen
Seller's Agent
Bryant Boynton
EXP Realty LLC
Buyer's Agent
Katrina Mountain
EXP Realty LLC
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%
Views
20
Current Estimated Value
$342,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,270
Avg. Annual Appreciation
0.97%
Original Mortgage
$321,733
Outstanding Balance
$321,188
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$21,082

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 11, 2016
Sold by
Baarnes Nelda
Bought by
Burkhart Luke and Burkhart Ashtin
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Jennifer Dodge
Re/Max Southern Realty - Fwb
List Price
$207,000
Sold Price
$207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$211,450
Interest Rate
3.47%
Mortgage Type
VA

Purchase Details

Closed on
Jul 7, 2015
Sold by
Barnes Nelda
Bought by
Barnes Nelda and Nelda Barnes Revocable Trust

Purchase Details

Closed on
Aug 10, 2009
Sold by
Coles Eden Richard and Coles Teresa Fay
Bought by
Barnes Jerome R and Barnes Jennifer Anne

Purchase Details

Closed on
Jun 24, 2008
Sold by
Coles June M C
Bought by
Coles Eden Richard and Coles Teresa Fay

Purchase Details

Closed on
Dec 5, 2007
Sold by
Coles June M C and Coles Alan V
Bought by
Coles Eden Richard and Coles Teresa Fay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waddill Frances Lee Kathleen $340,000 Old South Land Title
Burkhart Luke $207,000 Mti Title Ins Agency Inc
Barnes Nelda -- Attorney
Barnes Jerome R $182,500 Attorney
Coles Eden Richard -- None Available
Coles Eden Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddill Frances Lee Kathleen $321,733
Previous Owner Burkhart Luke $211,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 Sold $340,000 -8.1% $192 / Sq Ft View Prior Sale
06/29/2025 06/29/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $369,900 -1.4% $208 / Sq Ft
05/02/2025 05/02/25 Price Changed $375,000 -2.6% $211 / Sq Ft
03/15/2025 03/15/25 For Sale $385,000 +86.0% $217 / Sq Ft
11/11/2016 11/11/16 Sold $207,000 0.0% $117 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $207,000 -- $117 / Sq Ft

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
2025 $2,548 $247,768 -- --
2024 $2,411 $240,785 -- --
2023 $2,411 $233,772 -- --
2022 $2,347 $226,963 $0 $0
2021 $2,080 $220,352 $0 $0
2020 $1,361 $217,310 $60,000 $157,310
2019 $2,421 $184,492 $60,000 $124,492
2018 $2,271 $170,799 $0 $0
2017 $2,173 $160,566 $0 $0
2016 $2,070 $153,858 $0 $0
2015 $2,091 $151,399 $0 $0
2014 $2,110 $150,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Bryant Boynton

    EXP Realty LLC

    (850) 974-5942

    4 in this area

    34 Total Sales

    Bryant Boynton
    Section Image

  • K

    Buyer's Agent in 2025

    Katrina Mountain

    EXP Realty LLC

    (850) 830-6693

    3 in this area

    4 Total Sales

    Katrina Mountain
    Section Image
  • Karen Martineau

    Seller's Agent in 2016

    Karen Martineau

    RE/MAX Coastal Properties

    (850) 420-7200

    11 in this area

    158 Total Sales

    Karen Martineau
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Glenda Lichorwic

    RE/MAX Coastal Properties

    (850) 496-1400

    1 in this area

    41 Total Sales

    Glenda Lichorwic
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Dodge

    Re/Max Southern Realty - Fwb

See All Agents

Map

Florida Okaloosa County Niceville 32578 Bluewater Bay

700 Bay Dr Unit 1012, Niceville, FL

Not Listed for Sale

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