Bayfront Beauty! Stunning views from this 1BR/1BA condo at Bay

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Condo For Sale

48 Marina Cove Drive unit: 302A

Niceville, Florida 32578

Okaloosa County

Waterfront: Yes

Community: BAY VILLAS CONDOS

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$355,000 1 br, 1.0 bath 1280 sq. ft. 0.000 acres

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 /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!

Interior:
  • Bedrooms: 1
  • Baths: 1.0
  • Sq Ft: 1280
  • Year Built: 1983
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 3
  • Heat/AC: Central
  • Garage: Garage - Detached, Garage
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Frame, Stucco, Trim Wood
  • Roof: 
  • Property Taxes: $1,826
  • MLS #: 989696
  • Unit Number: 302A
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Contact Information:
Beach Condo For Sale in Niceville, Florida
Listing Agent: Rachel L Simerly, Compass Florida, LLC, 850-621-2032, 850-296-9769 Listing Site, Listing Status: Active
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6840216
Viewed 18 times.
Updated: Dec 03, 2025

This property is a Condo located at 48 Marina Cove Drive unit: 302A, Niceville, Florida 32578, and is currently For Sale at $355,000. This Condo has 1 bedrooms, 1.0 baths, 1280 sq ft.