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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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308 Westlake Ct Unit 308 , Niceville, FL 32578
$269,990
Est. Payment: $1,491.66/mo
3 Bed
2 Bath
1237 Sqft
Status: Active | Days on site: 161
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ECU1 - E27833
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Harrison Lilly Team
Owner/Operator

House 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.

Highlights

Listed by Jessica Mackrael , 850-687-9888 Coldwell Banker Realty , 850-897-4563. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1985

County

Okaloosa

Area

13 - Niceville

Neighborhood

Lakeside Condo At Bluewater Bay

Listing ID

998724

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor Vinyl
Other:
  • ▪ Additional:Owner's Closet, Washer/Dryer Hookup

Exterior Features

Lot:Lake
Others:
  • ▪ Additional:Balcony, Porch Screened
Principal Interest
$1,492
Taxes
$209
HOA
$0

Home Price

$269,990

Loan Details

30 yrs
7.374%

Down Payment

20%
$53,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,491.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,491.66 $208.59 $0.00 $1,700.24
Yearly $17,899.87 $2,503.04 $0.00 $20,402.91
Total $536,996.11 $75,091.20 $0.00 $612,087.31

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Niceville, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T11:00:03.000Z

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