tomo logo

$435,000

Beds
2
Baths
1.5
sq ft
1,175

48 Marina Cove Dr Unit 103B, Niceville, FL 32578

48 Marina Cove Dr Unit 103B

Niceville, FL 32578

  • 22 days on market
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!

Details

Property type

Condominium

Est. home value

$339,711

Lot size

Unknown

Price per sq ft

$371

Year built

1983

Monthly HOA fee

$590

Price History

03/09/2025
EmeraldCoast

EmeraldCoast #970641

Listed
$435,000
+20.83%
09/29/2022
EmeraldCoast

EmeraldCoast #905220

Sold
$360,000
+50%
07/06/2017
EmeraldCoast

EmeraldCoast #776898

Sold
$240,000
+26.32%

Schools & Community

Elementary school: 

Bluewater

Middle school: 

Choice-Destin/Ruckel

High school: 

Niceville

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$122,821
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$277,379
Cash to seller
$122,821

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

September 2022

Original loan amount

$288,000

Est. remaining balance

$277,379

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Jaime Dorsey and Brian Dorsey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:45 PM

Listing updated: 03/27/2025 at 10:21 PM

Listed by: Kathryn R Bowman, Kathryn R Bowman, Kathryn R Bowman, Kathryn R Bowman, Kathryn R Bowman, Christies International Real Estate Emerald Coast Phone #: (850) 213-2800

MLS: EmeraldCoast #970641

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