About This Home

This 3-bedroom, 2-bathroom condo at 308 Westlake Court #308 in Niceville, FL is listed for $269,990 ($218 per sqft). Built in 1985, the home offers 1,237 sqft of living space on a N/A lot.

Key Features

  • Built in 1985
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
#308
1985

Amenities

WaterfrontViewA/C
Listing Description

Lake views, a private porch, no neighbors above, and an assumable loan at an incredible 2.25% interest rate make 308 Westlake Court a unique opportunity in Bluewater Bay. The existing loan may be assumable by a qualified buyer with an extremely small gap, offering the potential to secure financing at a rate far below today's market.

Tucked along a serene lake, this beautifully maintained two-story condominium offers a comfortable layout, thoughtful updates, and the convenience of low-maintenance living. The private porch overlooks the water, while the spacious primary bedroom enjoys its own tranquil lake views.

Located on the second level, the home also offers the added privacy of having no residence above. The floor plan provides flexibility without sacrificing comfort. A first-floor bedroom and full bathroom create a convenient space for guests, a home office, or additional living needs, while the primary suite is privately situated upstairs.

Fresh paint throughout gives the home a clean, refreshed feel, and it has been exceptionally well maintained. Recent improvements include an HVAC system and water heater replaced in 2022, as well as an updated washer, dryer, and stove. The HOA replaced the roof in 2020, adding another valuable benefit for the next owner.

The condominium is VA-approved and allows short-term rentals, providing options for a full-time residence, second home, or investment property. Bluewater Bay adds even more to the appeal. LJ Schooners, the marina, and waterfront activities such as boating, fishing, and paddleboarding are all nearby, with many destinations accessible by foot or golf cart.

Eglin Air Force Base, shopping, dining, schools, and the white-sand beaches of the Emerald Coast are also just minutes away. For a buyer looking for a well-maintained home with beautiful water views, a versatile floor plan, desirable community amenities, and the potential to assume an exceptionally low 2.25% interest rate with a very small gap, 308 Westlake Court is one worth seeing in person.

Monthly Cost Estimate

$2,051/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79
HOA$607

Estimates only. Actual payments may vary.

Location

308 Westlake Court #308

Niceville, FL 32578

LAKESIDE CONDO AT BLUEWATER BAY

Features & Amenities

Interior Features

Owner's ClosetWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

VinylTile

Construction

Stucco Trim Wood

Views

Lake

Outdoor Features

Porch

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 3-bedroom, 2-bathroom condo at 308 Westlake Court is listed at $269,990 ($218/sqft). The estimated monthly payment is $2,051 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $607/month.

Key features include: Built in 1985, 2 stories, Waterfront. Interior Features: Owner's Closet, Washer/Dryer Hookup. Exterior Features: Balcony.

This property is listed by Jessica Mackrael.

JM

Jessica Mackrael

License 3409055

Agent at Coldwell Banker Realty

Listed by Coldwell Banker Realty · Broker phone: (850) 501-1545 · View on Broker Site · Broker website

MLS# 998724· Source: Emerald Coast Association of Realtors· 223 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

308 Westlake Court #308, Niceville, FL 32578

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