See Home Value
$490,000
● House - Off Market

1601 Mallorca Cove

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,058 Ft²
$2,825
Est. Monthly

About This Property

Welcome to 1601 Mallorca Cove, a beautifully maintained 3-bedroom, 2-bathroom home nestled in the sought-after Magnolia Plantation in Niceville, FL. The big-ticket items are already taken care of with a new roof (2021), HVAC (2022), and water heater (2020), so you can move in with complete confidence. Luxury vinyl plank flooring runs throughout the main living areas, offering durability and a clean, modern aesthetic, while fresh paint from floor to ceiling and freshly painted cabinetry throughout the entire home give the interior a crisp, updated feel. New ceiling fans add comfort and style, and new ADA-compliant toilets have been installed in both bathrooms. The primary suite features plush new carpet, new lighting, a new lighted mirror, and a beautifully updated bath, while the second bathroom shines with a new shower surround and its own new lighted mirror. Step outside into a private backyard retreat where new fencing encloses the yard, low-maintenance artificial turf keeps things green year-round, and a private putting green and hot tub make entertaining effortless. A new side brick path adds charm and function, and a new back slider (installed July 26) opens the space beautifully for indoor-outdoor living. The freshly painted garage door completes the polished look of this exceptional home. Located in one of Northwest Florida's most desirable communities, Magnolia Plantation in Niceville, FL offers top-rated schools, proximity to Eglin AFB, Hurlburt and 7th SFG.
Unit Size
2,058 Ft²
Days on Market
38 days
Land Size
0.12 acres
Price per sqft
$243
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2003

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Last updated: 3 months ago (ECAR #1006273)

Price History

Date / Event Date Event Price
Aug 3, 2026 Sold
Sold
Jul 4, 2026 In contract -
In contract
Jun 25, 2026 Listed by Berkshire Hathaway Home Services PenFed Realty $500,000
Listed by Berkshire Hathaway Home Services PenFed Realty
Jun 1, 2023 Sold
Sold
Apr 23, 2023 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,071
  • Total Building Area: 2,642
  • Gross Building Area: 2,642
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDITERRANEAN VILLAGE
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MEDITERRANEAN VILLAGE @ B/B LOT 4

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020800

Geography

  • Assessors Map Reference: 31
  • Parcel: 14-1S-22-2122-0000-0040
  • Block: 1
  • Lot: 4
  • Meridian: SEC 14 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4895
  • Longitude: -86.4278

    Address

  • Full Address: 1601 Mallorca Cv
  • Address - House Number: 1601
  • Address - Street Name: Mallorca
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Niceville
  • Carrier Code: R012
  • 4-Digit Zip Code: 7130
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,313
  • Tax Year: 2023
  • Tax Amount: $261,262
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 495,616
  • High Value: 591,628
  • Low Value: 399,605

    Market Valuation

  • Market Total Value: $366,322
  • Market Land Value: $78,079
  • Market Improvement Value: $288,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,743

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3627114
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: May 15, 2019
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 1601 Mallorca Cove built and last sold?
The property at 1601 Mallorca Cove was built in 2003 and last sold on May 31, 2023 for $482,000.
How much is this home worth?
The estimated value of the home located at 1601 Mallorca Cove is $504,812.
What are some comparable homes to 1601 Mallorca Cove?
There are currently no comparable homes to 1601 Mallorca Cove.