Whether you are searching for the busy life of live entertainment, optional amenities, and water access or you want to sit back and watch a sunset, this 2 bedroom fully furnished property may be the perfect fit! Thriving as an active Air BNB, the complex allows for short or long-term rentals and is in close proximity to Eglin Airforce Base and Destin, plus numerous shops, restaurants and the local marina! The neighborhood of Bluewater Bay also offers attractions for members (see home owners association for details on how to become a member) such as golf, tennis, pickle ball, and swim and is golf cart friendly. The heart of the unit is found between the kitchen to spacious main living area and is perfect for large gatherings or entertaining. Both the main living area and primary bedroom maintain a water view and patio access through sliding glass doors making for an easy indoor to outdoor flow! The kitchen features granite countertops and stainless steel appliances with a charming serving window and there is vinyl flooring throughout. The primary bedroom has a King bed set with an accent shiplap wall. The primary en-suite showcases double sinks, granite countertops, whit shaker cabinets and a large tiled shower. With a split floorplan, the secondary bedroom also has a King bed set and maintains a half bathroom.
Relax on your back porch area that is open to the common grounds and dock for bay access. The complex faces West, making for incredible sunsets year around!
For sale
$425,000
48 Marina Cove Dr UNIT 103B, Niceville, FL 32578
2beds
1,175sqft
Est.:
Condominium
Built in 1983
-- sqft lot
$414,900 Zestimate®
$362/sqft
$590/mo HOA
What's special
Fully furnished property
- 167 days
- on Zillow |
- 554 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 07:17am
Listed by:
The Locals Group 203-974-9542,
Christies International Real Estate Emerald Coast
Source: ECAOR,MLS#: 970641
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed First Floor
- Level: First
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, MBath Shower Only
Kitchen
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Electric Water Heater
Features
- Breakfast Bar, Recessed Lighting, Renovated, Split Bedroom, Bedroom, Dining Area, Great Room, Kitchen, Master Bedroom
- Flooring: Laminate
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 1,175
- Total interior livable area: 1,175 sqft
Property
Features
- Stories: 1
- Patio & porch: Patio Open
- Exterior features: Dock
- Pool features: None
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay, Unit Waterfront, Beach, Waterfront
Details
- Parcel number: 161S2201720000103B
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco
- Roof: Roof Tile/Slate
Condition
- Construction Complete
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Fishing
- Subdivision: Bay Villas Condos
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Management, Sewer, Trash, Water
- HOA fee: $590 monthly
Location
- Region: Niceville
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $290,000
- Annual tax amount: $3,537
- Date on market: 3/9/2025
- Listing terms: Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Loading
- Loading