$299,321
●
House -
For Sale
1801 Valparaiso Boulevard
Niceville, FL 32578
3 Beds
2 Baths,
1
Half Bath
1,317 Ft²
$1,470
Est. Monthly
About This Property
Who wants to live on the water? What if I told you this location
also offers a boatslip? How about $8000 Flex cash that you can
slice or dice anyway you see fit?
Welcome to Rocky Bayou Townhomes!
This 3 br/2.5 BATH RARE END UNIT townhome... WITH 28 FT BOATSLIP... is LOCATED ON PROTECTED DEEP WATER in the heart of Niceville! Easy access to Rocky Bayou and Choctawhatchee Bay... the buyer can enjoy fishing, kayaking, paddleboarding and beautiful waterfront sunsets just steps from home.
The exterior features upgraded Hardie board siding for added durability and resistance to moisture, plus hurricane-rated windows and doors with built-in attachment points for hurricane fabric protection.
Inside, enjoy oak cabinetry, marble countertops, stainless steel appliances and a wood-burning fireplace. Additional features include newer HVAC and water heater, upstairs mini-split, paid-off solar panels and an extended driveway.
The community dock is approximately 3 years old, and the seller will pay the current dock assessment at closing. Seller offering up to $8,000 toward buyer closing costs, rate buy-down or other allowable expenses. BEST OF ALL... THIS UNIT IS NOT IN A FLOOD ZONE!
What are you waiting for? Make an offer today!
Welcome to Rocky Bayou Townhomes!
This 3 br/2.5 BATH RARE END UNIT townhome... WITH 28 FT BOATSLIP... is LOCATED ON PROTECTED DEEP WATER in the heart of Niceville! Easy access to Rocky Bayou and Choctawhatchee Bay... the buyer can enjoy fishing, kayaking, paddleboarding and beautiful waterfront sunsets just steps from home.
The exterior features upgraded Hardie board siding for added durability and resistance to moisture, plus hurricane-rated windows and doors with built-in attachment points for hurricane fabric protection.
Inside, enjoy oak cabinetry, marble countertops, stainless steel appliances and a wood-burning fireplace. Additional features include newer HVAC and water heater, upstairs mini-split, paid-off solar panels and an extended driveway.
The community dock is approximately 3 years old, and the seller will pay the current dock assessment at closing. Seller offering up to $8,000 toward buyer closing costs, rate buy-down or other allowable expenses. BEST OF ALL... THIS UNIT IS NOT IN A FLOOD ZONE!
What are you waiting for? Make an offer today!
Unit Size
1,317 Ft²
Days on Market
23 days
Land Size
-
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 23 days ago (ECAR #1012695)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Coldwell Banker Realty | $299,321 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Boat, Oversized, RV
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Fireplace, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater, Stove/Oven Electric
Flooring Type: Hardwood, Floor Tile, Floor WW Carpet
Rooms: 10
Exterior Details
Square Footage: 1317
Property Condition: Construction Complete
Architectural Style: Townhome
Year Built: 1984
Building Area Total: 1317
Window Features: Double Pane Windows, Window Treatmnt Some
Construction Materials: Roof Solar Energy, Siding Brick Some, Siding CmntFbrHrdBrd, Trim Vinyl
Patio and Porch Features: Patio
Lot Features: Corner Lot, Level, Restrictions, Within 1/2 Mile to Water
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $130
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Heat - Solar
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Accounting, Ground Keeping, Land Recreation, Recreational Faclty, Services
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Okaloosa
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Listed by: The Tessa Savoy Team, Coldwell Banker Realty
Last Updated: 23 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1012695
Last Updated: 23 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1012695
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