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$250,000

  • Sold
  • Closed
  • Patio Home
  • 2 Beds
  • 2 Full Baths
  • 1,614 Sq. Ft.
  • Updated 3 days ago
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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: Patio Home
  • Source: Emerald_Coast
  • MLS ID: 986850
  • Added to Site: 160 day(s) ago

Rental Information

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

Interior

  • Number of Rooms: 8
  • Interior Features: Built-In Bookcases, Ceiling Vaulted, Fireplace, Washer/Dryer Hookup, Wet Bar
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Porch/Patio/Deck: Patio Enclosed, Patio Open

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage, 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

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Legal, Management

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water

Structural Information

  • Architectural Style: Patio Home
  • Construction: Stucco, Trim Wood
  • Exterior Const.: 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 Size (Sq. Ft.): 3,484.8
  • Lot Features: Restrictions
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Lot-Part

Financial Considerations

  • Assessment Amount: $264
  • Tax Amount: $1,440.45
  • Tax Year: 2024

Disclosures and Reports

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

Listed by Berkshire Hathaway Home Services PenFed Realty

Listing agent

— 700 Bay Dr #1003 —

  • Berkshire Hathaway Home Services 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 ATTOM Data Solutions 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 Home Services PenFed Realty

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700 Bay Drive #1003, Niceville, FL 32578 (MLS# 986850) is a Patio Home 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 Patio Home real estate for sale in Niceville? You can browse all Niceville real estate or contact a Coldwell Banker agent to request more information.