302a/48 Marina Cove Dr

Niceville FL 32578

1280 sq. ft.

Condo

Last sold for $345,000

Rachel Simerly, last sold this property on 23 January 2026 after 69 days on market.

Overview

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!

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

1280 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Niceville over the last 12 months, the estimated median property value of 302a/48 Marina Cove Dr is $180k.

Median value

$180k

Estimated value range

$160k - $345k

Median days on market

122

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Niceville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.