See Home Value
$850,000
● House - Off Market

2802 Edgewater Drive

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,110 Ft²
$4,814
Est. Monthly
1.99%
Cap Rate

About This Property

Prime Investment or Flip Opportunity on Rocky Bayou!  This is your chance to transform a hidden gem into a stunning waterfront retreat! Situated on a spacious and wooded 1.41-acre lot with an impressive 155 feet of water frontage on beautiful Rocky Bayou, this property offers incredible potential for expansion and customization.

The current structure has already been mostly gutted. The sellers are including architectural/structural plans and permits for the remodel, which includes adding 1,000 square feet to the front and rear of the home creating ample space for a luxury living experience, complete with room for a pool. Whether you're looking for your next flip project, custom waterfront home, or a long-term investment with high upside potential, this property checks all the boxes.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$424
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1973

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Last updated: 2 years ago (ECAR MLS #973265)

Price History

Date / Event Date Event Price
Apr 21, 2025 Sold
Sold
Apr 13, 2025 In contract -
In contract
Apr 7, 2025 Listed by Century 21 AllPoints Realty $895,000
Listed by Century 21 AllPoints Realty

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 648
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,249
  • Lot Size Depth Feet: 5,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,313
  • Gross Building Area: 3,313
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKY BAYOU EST
  • Land Acres: 0000001406
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ROCKY BAYOU EST #1 LOT 6 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020900

Geography

  • Assessors Map Reference: 30
  • Parcel: 10-1S-22-2830-000A-0060
  • Block: A
  • Lot: 6
  • Meridian: SEC 10 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5079
  • Longitude: -86.4295

    Address

  • Full Address: 2802 Edgewater Dr
  • Address - House Number: 2802
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R009
  • 4-Digit Zip Code: 2313
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,501
  • Tax Year: 2023
  • Tax Amount: $490,334
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 1,060,789
  • High Value: 1,197,951
  • Low Value: 923,627

    Market Valuation

  • Market Total Value: $913,070
  • Market Land Value: $605,004
  • Market Improvement Value: $308,066

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,797

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
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

About Rocky Bayou


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Frequently Asked Questions

When was property at 2802 Edgewater Drive built and last sold?
The property at 2802 Edgewater Drive was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2802 Edgewater Drive is $886,333.
What are some comparable homes to 2802 Edgewater Drive?
There are currently no comparable homes to 2802 Edgewater Drive.