700 Bay Drive 1003, Niceville

$285,000

2 Beds
2 Baths
1,614 Sqft
.08 Acre
2 Garages

Investor Special in Bluewater Bay! Located in Royal Oak Village, this patio home needs some TLC, making it an excellent fix-and-flip opportunity or renovation project for someone ready to add value. Built in 1986, this patio home features 2 bedrooms, 2 full baths, a formal living room with a cozy fireplace, a dining room, a breakfast area, and a spacious family room—perfect for flexible living. Enjoy the Florida lifestyle with a screened porch and a private patio off the master suite, ideal for morning coffee or relaxing evenings outdoors. Front courtyard filled with lush greenery. Attached 2-Car Garage and additional guest parking. The HOA maintains the common grounds in front of the units, the fence, the Roof (replaced in 2017), and more. HVAC replaced in 2017. Located in the desirable Bluewater Bay community, residents can enjoy optional memberships for access to swimming pools, tennis and pickleball courts, a marina, playgrounds, and more.

Essential Information
MLS® #986850
Price$285,000
Sold Price$250,000
Date Sold$2025-12-18
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,614
Acres0.08
Year Built1986
TypeResidential
Sub-TypeTownhouse
StylePatio Home
StatusSold
Community Information
Address700 Bay Drive 1003
Area13 - Niceville
SubdivisionROYAL OAK VILLAGE 3A
CityNiceville
CountyOkaloosa
StateFL
Zip Code32578
Amenities
# of Garages2
Amenities

Golf, Marina, Short Term Rental - Not Allowed, Playground, Pool, Tennis, Pets Allowed, Pickle Ball

Utilities

Electric, Public Sewer, Public Water

Parking

Garage Door Opener, Guest, Garage

Interior
HeatingCentral
CoolingCentral Air
# of Stories1
Interior Features

Bookcases, Vaulted Ceiling(s), Fireplace, Washer/Dryer Hookup, Wet Bar

Appliances

Dishwasher, Disposal, Microwave, Electric Water Heater

Exterior
Lot DescriptionRestrictions
RoofComposite Shngl
ConstructionStucco, Trim Wood
School Information
ElementaryBluewater
MiddleRuckel
HighNiceville
Additional Information
Days on Website382
ZoningResid Single Family
HOA Fees264
HOA Fees Freq.Monthly
Office

Berkshire Hathaway HomeServices PenFed Realty

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Listing information last updated on October 21st, 2026 at 9:37pm CDT.