Prime Investment or Flip Opportunity on Rocky Bayou! This is your chance to transform a hidden gem into a stunning waterfront retreat! Situated on a spacious and wooded 1.41-acre lot with an impressive 155 feet of water frontage on beautiful Rocky Bayou, this property offers incredible potential for expansion and customization.
The current structure has already been mostly gutted. The sellers are including architectural/structural plans and permits for the remodel, which includes adding 1,000 square feet to the front and rear of the home creating ample space for a luxury living experience, complete with room for a pool. Whether you're looking for your next flip project, custom waterfront home, or a long-term investment with high upside potential, this property checks all the boxes.
Sold for $850,000
$850,000
2802 Edgewater Dr, Niceville, FL 32578
3beds
2,110sqft
Single Family Residence
Built in 1973
1.41 Acres Lot
$988,600 Zestimate®
$403/sqft
$2,977 Estimated rent
Home value
$988,600
$830,000 - $1.17M
$2,977/mo
Zestimate® history
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Room for a pool
Zillow last checked:
Listing updated:
Listed by:
Kenneth R Koger,
Century 21 AllPoints Realty,
Whitney B Cramer 850-830-8582,
Century 21 AllPoints Realty
Bought with:
Janie M McDonald, 644781
Berkshire Hathaway HomeServices
Source: ECAOR,MLS#: 973265
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 241.12 Square Feet
- Dimensions: 13.7 x 17.6
Bedroom
- Level: First
- Area: 153.67 Square Feet
- Dimensions: 12.7 x 12.1
Bedroom
- Level: First
- Area: 145.54 Square Feet
- Dimensions: 11.11 x 13.1
Primary bathroom
- Level: First
- Area: 148.96 Square Feet
- Dimensions: 11.2 x 13.3
Dining area
- Level: First
- Area: 239.98 Square Feet
- Dimensions: 17.4 x 13.8
Garage
- Level: First
- Area: 439.2 Square Feet
- Dimensions: 18.3 x 24
Kitchen
- Description: Kitchen/Dining
- Level: First
- Area: 254.38 Square Feet
- Dimensions: 16.1 x 15.8
Living room
- Level: First
- Area: 484.82 Square Feet
- Dimensions: 17.9 x 27.1
Sitting room
- Level: First
- Area: 198.36 Square Feet
- Dimensions: 17.1 x 11.6
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Refrigerator, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Windows: Window Treatments
- Attic: Pull Down Stairs
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,110
- Total interior livable area: 2,110 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Boat, Oversized
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Boat Slip, Dock
- Has view: Yes
- View description: Bay, Bayou
- Has water view: Yes
- Water view: Bay,Bayou
- Waterfront features: Bay, Bayou
Lot
- Size: 1.41 Acres
- Features: Covenants, Interior Lot, Irregular Lot, Within 1/2 Mile to Water, Wooded
Details
- Additional structures: Yard Building
- Parcel number: 101S222830000A0060
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Trim Vinyl
- Roof: Metal
Condition
- Under Construction,Needs Work
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Fishing, Golf, TV Cable
- Security: Smoke Detector(s)
- Subdivision: ROCKY BAYOU EST #1
Location
- Region: Niceville
Financial & listing details
- Price per square foot: $403/sqft
- Tax assessed value: $911,071
- Annual tax amount: $5,027
- Date on market: 4/7/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $850,000-5%$403/sqft |
Source:  ECAOR #973265 Report a problem | ||
| 4/13/2025 | Pending sale | $895,000$424/sqft |
Source: ECAOR #973265 Report a problem | ||
| 4/7/2025 | Listed for sale | $895,000+8.5%$424/sqft |
Source: ECAOR #973265 Report a problem | ||
| 10/8/2024 | Sold | $825,000-8.3%$391/sqft |
Source: ECAOR #956095 Report a problem | ||
| 8/25/2024 | Pending sale | $900,000$427/sqft |
Source: ECAOR #956095 Report a problem | ||
| 8/18/2024 | Price change | $900,000-10%$427/sqft |
Source: ECAOR #956095 Report a problem | ||
| 8/2/2024 | Listed for sale | $1,000,000$474/sqft |
Source: ECAOR #956095 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,028 +2.5% | $433,421 +3% |
| 2023 | $4,903 +1.3% | $420,797 +3% |
| 2022 | $4,842 +3.2% | $408,541 +3% |
| 2021 | $4,690 +0.8% | $396,642 +1.4% |
| 2020 | $4,652 +1.2% | $391,166 +2.3% |
| 2019 | $4,598 +0.9% | $382,371 +1.9% |
| 2018 | $4,557 | $375,241 +2.1% |
| 2017 | $4,557 +0.6% | $367,523 +2.1% |
| 2016 | $4,530 +2.7% | $359,964 +0.7% |
| 2015 | $4,410 +0.2% | $357,462 +0.8% |
| 2014 | $4,402 | $354,625 +1.5% |
| 2013 | -- | $349,384 +1.7% |
| 2012 | -- | $343,544 +3% |
| 2011 | -- | $333,538 +1.5% |
| 2010 | -- | $328,609 +2.7% |
| 2009 | -- | $319,970 +0.1% |
| 2008 | -- | $319,650 +3% |
| 2007 | -- | $310,340 +2.5% |
| 2006 | -- | $302,771 +4.5% |
| 2005 | -- | $289,824 +1.6% |
| 2004 | -- | $285,395 +1.9% |
| 2003 | -- | $280,074 +2.4% |
| 2002 | -- | $273,510 +1.6% |
| 2001 | -- | $269,203 |
Find assessor info on the county website
Neighborhood: 32578
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Nearby schools
GreatSchools rating
- 10/10James E Plew Elementary SchoolGrades: PK-5Distance: 2 mi
- 9/10C. W. Ruckel Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Niceville Senior High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Plew
- Middle: Ruckel
- High: Niceville
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$988,600
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- Florida
- Okaloosa County
- Niceville
- 32578
- 2802 Edgewater Dr
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