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$250,000

  • Sold
  • Closed
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1,614 Sq. Ft.
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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.

Full Property Details for 700 Bay Dr #1003

General

  • Sold For: $250,000
  • Taxes: $1,440 (2024)
  • Status: Closed
  • Type: Townhouse
  • Source: Emerald_Coast
  • MLS ID: 986850
  • Added to Site: 104 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Breakfast Room, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Screened Porch
  • Interior Features: Built-In Bookcases, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Needs Work, Washer/Dryer Hookup, Wet Bar
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Electric

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Living Room: Living Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room
  • Breakfast Room: Breakfast Room
  • 3 Season Porch: Screened Porch

Additional Information

  • Shared Amenities: Golf, Marina, Pets Allowed, Pickle Ball, Playground, Pool, Short Term Rental - Not Allowed, Tennis

Exterior

  • Exterior Features: Fenced Lot-Part, Patio Enclosed, Patio Open

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Garage Attached, Guest

Location

  • Area: 13 - Niceville
  • County: Okaloosa
  • Subdivision: Royal Oak Village 3A
  • Driving Directions: Hwy. 20 to Bluewater Bay Blvd. Follow to the end and turn left onto Bay Drive. Royal Oak Village will be on your right. Turn into the 2nd entrance to 700 Bay Dr., and the house is the 3rd on the left.

School Information

  • Elementary School: Bluewater
  • Middle School: Ruckel
  • High School: Niceville

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Patio Home
  • Construction: Roof Composite Shngl, Stucco, Trim Wood
  • Stories/Levels: 1
  • Square Feet: 1,614
  • Sq. Ft. Source: County PA Records
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Features: Restrictions
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $264
  • Assmt Payment Freq: Monthly
  • Tax Amount: $1,440
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: ROYAL OAK VILLAGE III-B LOT 1003
  • Assessment: Yes
  • APN: 22-1S-22-4830-0000-1003

Listed by Berkshire Hathaway HomeServices PenFed Realty
Sold by Jacobson and Co

Listing agent

— 700 Bay Dr #1003 —

  • Berkshire Hathaway HomeServices PenFed Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 700 Bay Dr #1003

School District:Okaloosa County School District
NameGradesDistance
Bluewater Elementary School
4545 Range Road, Niceville, FL 32578
K-51 mi
C. W. Ruckel Middle School
201 Partin Drive North, Niceville, FL 32578
6-83.3 mi
Niceville Senior High School
800 John Sims Parkway, Niceville, FL 32578
9-123.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 Bay Dr #1003

Date
Details
Price
Change
Source
12/18/2025
Sold
$250,000
-12.28%
MLS
10/04/2025
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway HomeServices PenFed Realty
Sold by Jacobson and Co

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700 Bay Drive #1003, Niceville, FL 32578 (MLS# 986850) is a Townhouse property that was sold at $250,000 on December 18, 2025. Want to learn more about 700 Bay Drive #1003? Do you have questions about finding other Townhouse real estate for sale in Niceville? You can browse all Niceville real estate or contact a Coldwell Banker agent to request more information.