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Sold for $345,000
  • $345,000

    48 Marina Cove Dr Unit 302A, Niceville, FL 32578

    1beds
    1,280sqft
    Condominium
    Built in 1983
    -- sqft lot
    $344,000 Zestimate®
    $270/sqft
    $1,832 Estimated rent

    Home value

    $344,000

    $313,000 - $378,000

    $1,832/mo

    Zestimate® history
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    What's special

    Additional private office roomGranite countertopsUpdated appliancesWalk-in pantry
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel L Simerly 850-621-2032,

    Compass

    Bought with:

    Zarina S Ellis, 3397694

    Ellis Realty LLC

    Source: ECAOR,MLS#: 989696MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    • Area: 163.56 Square Feet
    • Dimensions: 14.1 x 11.6
    Bathroom
    • Description: Upper Sleeping Loft/Flex Space
    • Level: First
    • Area: 141.4 Square Feet
    • Dimensions: 14 x 10.1
    Other
    • Level: First
    • Area: 103.36 Square Feet
    • Dimensions: 13.6 x 7.6
    Dining area
    • Level: First
    • Area: 162.14 Square Feet
    • Dimensions: 12.1 x 13.4
    Foyer
    • Level: First
    • Area: 116.39 Square Feet
    • Dimensions: 10.3 x 11.3
    Kitchen
    • Description: Built-In Pantry/W&D
    • Level: First
    • Area: 74.66 Square Feet
    • Dimensions: 10.5 x 7.11
    Living room
    • Level: First
    • Area: 203.68 Square Feet
    • Dimensions: 15.2 x 13.4
    Loft
    • Description: Sleeping Loft/Flex Space
    • Level: Second
    • Area: 175.54 Square Feet
    • Dimensions: 13.4 x 13.1
    Office
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 10 x 8
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Washer, Electric Water Heater
    Features
    • Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Pantry, Shelving, Walls Paneled, Woodwork Painted
    • Flooring: Tile
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,280 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay, Waterfront
    Details
    • Parcel number: 161S2201720000302A

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame, Stucco, Trim Wood
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Boat Launch, Dock, Elevators, Fishing, Golf, Marina, Picnic Area, Pool, Separate Storage, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
    • Security: Fire Alarm, Smoke Detector(s)
    • Subdivision: BAY VILLAS CONDOS
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Insurance, Management, Maintenance Structure, Trash, Water
    Location
    • Region: Niceville

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $319,000
    • Annual tax amount: $1,825
    • Date on market: 11/15/2025

    Price history

    DateEventPrice
    1/23/2026Sold$345,000-2.8%$270/sqft
    Source: ECAOR #989696 Report a problem
    12/19/2025Pending sale$355,000$277/sqft
    Source: ECAOR #989696 Report a problem
    11/15/2025Listed for sale$355,000+27.3%$277/sqft
    Source: ECAOR #989696 Report a problem
    12/8/2017Listing removed$278,900$218/sqft
    Source: RE/MAX Southern Realty #777228 Report a problem
    6/9/2017Listed for sale$278,900+87.8%$218/sqft
    Source: Re/Max Southern Realty #777228 Report a problem
    8/7/2000Sold$148,500$116/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,883 +3.1%$191,355 +2.9%
    2024$1,826 +2.7%$185,962 +3%
    2023$1,777 +3%$180,546 +3%
    2022$1,726 +0.5%$175,287 +3%
    2021$1,718 +0.6%$170,182 +1.4%
    2020$1,708 +1.6%$167,832 +2.3%
    2019$1,681 +1.2%$164,059 +1.9%
    2018$1,660 $161,000 +2.1%
    2017$1,660 +0.9%$157,689 +2.1%
    2016$1,645 +2.9%$154,446 +0.7%
    2015$1,599 -1.9%$153,372 +0.8%
    2014$1,630 $152,155 +1.5%
    2013-- $149,906 +1.7%
    2012-- $147,400 -5%
    2011-- $155,100 -0.9%
    2010-- $156,506 +2.7%
    2009-- $152,391 +0.1%
    2008-- $152,239 +3%
    2007-- $147,805 +2.5%
    2006-- $144,200 +3%
    2005-- $140,000 +26.1%
    2004-- $111,000
    2003-- $111,000 +2.6%
    2002-- $108,200 +1%
    2001-- $107,100
    Find assessor info on the county website

    Neighborhood: 32578

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bluewater
    • 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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$6,880
    With Zillow Showcase(estimated)
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