Condominium in Niceville, FL

COMPLETELY RENOVATED and perfectly positioned in the heart of Bluewater Bay, this stunning top-floor END UNIT offers breathtaking views overlooking the Bayou! Welcome to Marina Villas Condo, where luxurious waterfront living meets versatility and income potential--ideal as a high-performing investment, second home, or primary coastal retreat. This remarkable residence features a unique dual-unit configuration. The ''Premier Suite'' is a beautifully updated and spacious 2-bedroom unit showcasing an inviting open-concept kitchen and living area, a well-appointed layout, full bath, and a convenient stackable washer and dryer. Step onto the screened-in balcony and soak in the serene waterfront views. The ''Guest Suite'' is a private lock-out studio across the hall offering a flexible open-concept dining, and sleeping space, a kitchenette, full bath, and its own private balcony--perfect for guests, short-term stays, or additional rental income. Wake up to shimmering water views and unwind with coastal breezes as you embrace the vibrant marina lifestyle. Bluewater Bay offers endless recreational opportunities including boating, fishing, and exploring the beautiful surroundings. Plus, you're just minutes from dining, shopping, beaches, schools, military bases, and entertainment--truly the best of both a peaceful retreat and convenient location. With strong rental income numbers most recently ($2,600 for Unit 18 and $1,350 for 18A, with potential for AirB&B income), this property delivers both lifestyle and financial opportunity. Opportunities like this are rare--don't miss your chance to own a slice of waterfront paradise.