48 Marina Cove Drive 302a, Niceville

$355,000

1 Bed
1 Bath
1,280 Sqft
0 Acre
1 Garage

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!

Essential Information
MLS® #989696
Price$355,000
Sold Price$345,000
Date Sold$2026-01-23
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage1,280
Year Built1983
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address48 Marina Cove Drive 302a
Area13 - Niceville
SubdivisionBAY VILLAS CONDOS
CityNiceville
CountyOkaloosa
StateFL
Zip Code32578
Amenities
ParkingGarage Detached, Garage
# of Garages1
ViewBay
Is WaterfrontYes
WaterfrontBay, Waterfront
Amenities

Boat Launch, Dock, Elevators, Fishing, Golf, Marina, Picnic Area, Pool, Separate Storage, Tennis, Waterfront, Pets Allowed, Pickle Ball, Short Term Rental - Allowed

Utilities

Electric, Public Water, TV Cable, Underground

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Vaulted Ceiling(s), Fireplace, Recessed Lighting, Owner's Closet, Pantry, Shelving, Walls Paneled, Woodwork Painted

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony
WindowsDouble Pane Windows
ConstructionFrame, Stucco, Trim Wood
School Information
ElementaryBluewater
MiddleRuckel
HighNiceville
Additional Information
Days on Website343
HOA Fees719.25
HOA Fees Freq.Monthly
Listing Details
OfficeCompass
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Listing information last updated on October 23rd, 2026 at 2:22pm CDT.