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48 Marina Cove Drive 302A, Niceville, FL 32578

$345,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,280 Status: Sold
Current Price: $355,000 List Date: 11/15/2025 Last Modified: 1/25/2026

Description

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

Supplements: 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!

More Information MLS# 989696

Status Change Info

Sold Price/SqFt: 269.53 Status: Sold Under Contract Date: 2025-12-19 Sold Date: 2026-01-23 Sold Price: $345,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 277.34 List Date: 2025-11-14 Current Price: $345,000 List Price: $355,000

Location, Tax and Legal

Unit #: 302A Sub Area: 1308 - Bluewater Bay Elementary School: Bluewater Middle School: Ruckel High School: Niceville Legal Description: BAY VILLAS UNIT 302A

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: Building Plan Balcony SqFt: 81 Stories In Unit: 2 Stories in Building: 3 Unit Floors Above Ground: 3 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Assigned Spaces: 1 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 1280 Bedrooms: 1 Full Baths: 1 Total Bathrooms: 1 Year Built: 1983 Garage Spaces: 1

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 719.25 Annual Assessment Amount: 8631 Assessment Paid: Monthly New Buyer Fee: No Last Taxes: 1825.7 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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

Waterfront

Bay: 1 Unit Waterfront: 1

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Detached: 1

Waterview

Bay: 1

Project Facilities

Boat Launch: 1 Dock: 1 Elevators: 1 Fishing: 1 Golf: 1 Marina: 1 Pets Allowed: 1 Pickle Ball: 1 Picnic Area: 1 Pool: 1 Separate Storage: 1 Short Term Rental - Allowed: 1 Tennis: 1 Waterfront: 1

Construction/Siding

Frame: 1 Stucco: 1 Trim Wood: 1

Utilities

Electric: 1 Public Water: 1 TV Cable: 1 Underground: 1

Exterior

Balcony: 1 Renovated: 1

Interior

Ceiling Raised: 1 Ceiling Vaulted: 1 Fireplace: 1 Floor Tile: 1 Furnished - None: 1 Lighting Recessed: 1 Owner's Closet: 1 Pantry: 1 Renovated: 1 Shelving: 1 Walls Paneled: 1 Woodwork Painted: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Freezer: 1 Microwave: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Garden Tub: 1 MBath Tile: 1 MBed Balcony: 1 MBed Waterfront: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Balcony: 1 Bedroom: 1 Dining Area: 1 Foyer: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Loft: 1 Office: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Management: 1 Master Association: 1 Repairs/Maintenance: 1 Trash: 1 Water: 1

Location Tax and Legal

Area: 13 - Niceville Street #: 48 Street Name: Marina Cove Street Suffix: Drive State: FL Zip Code: 32578 County: Okaloosa Project Name/Subdivision: BAY VILLAS CONDOS Parcel ID: 16-1S-22-0172-0000-302A

Property Features

Construction Status: Construction Complete Waterfront: Bay; Unit Waterfront Waterview: Bay Parking Features: Garage; Garage Detached Project Facilities: Boat Launch; Dock; Elevators; Fishing; Golf; Marina; Pets Allowed; Pickle Ball; Picnic Area; Pool; Separate Storage; Short Term Rental - Allowed; Tennis; Waterfront Exterior: Balcony; Renovated Interior: Ceiling Raised; Ceiling Vaulted; Fireplace; Floor Tile; Furnished - None; Lighting Recessed; Owner's Closet; Pantry; Renovated; Shelving; Walls Paneled; Woodwork Painted Appliances: Cooktop; Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Freezer; Microwave; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer Utilities: Electric; Public Water; TV Cable; Underground Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Water Heater - Elect Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Balcony; Bedroom; Dining Area; Foyer; Full Bathroom; Kitchen; Living Room; Loft; Office Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Insurance; Management; Master Association; Repairs/Maintenance; Trash; Water

Room Information

Foyer Level: First Dimensions: 10.3 x 11.3 Length: 10.30 Width: 11.30 Dimensions: 10.3 x 11.3 Office Level: First Dimensions: 10 x 8 Length: 10.00 Width: 8.00 Dimensions: 10 x 8 Living Room Level: First Dimensions: 15.2 x 13.4 Length: 15.20 Width: 13.40 Dimensions: 15.2 x 13.4 Kitchen Level: First Dimensions: 10.5 x 7.11 Length: 10.50 Width: 7.11 Remarks: Built-In Pantry/W&D Dimensions: 10.5 x 7.11 Dining Area Level: First Dimensions: 12.1 x 13.4 Length: 12.10 Width: 13.40 Dimensions: 12.1 x 13.4 Bedroom Level: First Dimensions: 14.1 x 11.6 Length: 14.10 Width: 11.60 Dimensions: 14.1 x 11.6 Full Bathroom Level: First Dimensions: 14 x 10.1 Length: 14.00 Width: 10.10 Remarks: Upper Sleeping Loft/Flex Space Dimensions: 14 x 10.1 Loft Level: Second Dimensions: 13.4 x 13.1 Length: 13.40 Width: 13.10 Remarks: Sleeping Loft/Flex Space Dimensions: 13.4 x 13.1 Balcony Level: First Dimensions: 13.6 x 7.6 Length: 13.60 Width: 7.60 Dimensions: 13.6 x 7.6
Listing Office: Compass
Last Updated: January - 25 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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