Updated 3 Days Ago
Location
406 Greenwood Way, Niceville, FL 32578, USA
Tour 406 Greenwood Way
Contact
Nearby rentals
Property management
Apartments for rent Fort Walton BeachApartments for rent Santa Rosa BeachApartments for rent Panama City BeachApartments for rent DestinApartments for rent NicevilleApartments for rent DeFuniak SpringsApartments for rent CrestviewApartments for rent Miramar BeachApartments for rent MidwayApartments for rent Gulf BreezeApartments for rent NavarreApartments for rent FreeportApartments for rent Lower Grand LagoonApartments for rent Laguna BeachApartments for rent Elliott's PointApartments Near Me
Houses for rent Miramar BeachHouses for rent Santa Rosa BeachHouses for rent Panama City BeachHouses for rent Fort Walton BeachHouses for rent DestinHouses for rent NicevilleHouses for rent MidwayHouses for rent Mary EstherHouses for rent Pensacola BeachHouses for rent ShalimarHouses for rent Lake LorraineHouses for rent Lower Grand LagoonHouses for rent MiltonHouses for rent WrightHouses for rent NavarreHouses for rent near me
Amenities for 406 Greenwood Way
Features
| Central Air | Fireplace |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Frame | Exterior Type: Siding Wood |
| Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
Other
| Architecture Style: Ranch | Exterior Type: Stone |
| Heat Pump Heating | Twelve Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Advertisement
About 406 Greenwood Way
Property Status: Active Welcome Home to 406 Greenwood Way! Enjoy the best of the North Florida lifestyle in this well-maintained 3-bedroom, 2-bathroom home located in The Woodlands at Bluewater Bay in Niceville. With spacious living areas, a private pool, and plenty of outdoor space, this home offers a comfortable setting for both everyday living and entertaining. Inside, the spacious family room serves as the heart of the home and provides an open, inviting space for relaxing or gathering with family and friends. The kitchen features updated finishes and flows conveniently into the dining area and laundry room. Just off the family room, the spacious Florida room provides additional heated and cooled living space and offers a great view of the backyard. The home features three generously sized bedrooms, including a comfortable primary suite with access to a private deck--perfect for enjoying your morning coffee or winding down in the evening. Two full bathrooms provide plenty of convenience for family and guests. Step outside and enjoy your own private backyard retreat. The spacious outdoor area features multiple deck spaces, a fire pit, and a beautiful private pool, making it an ideal place to relax or entertain. The pool is professionally maintained weekly, with a $200 monthly pool service fee in addition to the base rent. Additional features include a two-car garage, newer HVAC and water heater, and a recently updated roof. Schedule your private showing today and make 406 Greenwood Way your Office Phone: (850) 389-8533 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 406 Greenwood Way compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 558 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Fireplace
- In-unit features
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Pool
- Enhanced community features
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1.3 miles away
Address details
| Zip code | 32578 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Niceville
3-bedroom apartments at 406 Greenwood Way cost about 47% more than the average rent price for 3-bedroom apartments in Niceville.
Median rents as of Sep 26 2026.
Niceville
| Month | Median Rent |
|---|---|
| October 2024 | $2,350 |
| November 2024 | $2,260 |
| December 2024 | $2,240 |
| January 2025 | $2,269 |
| February 2025 | $2,231 |
| March 2025 | $2,295 |
| April 2025 | $2,287 |
| May 2025 | $2,370 |
| June 2025 | $2,400 |
| July 2025 | $2,420 |
| August 2025 | $2,375 |
| September 2025 | $2,327 |
| October 2025 | $2,200 |
| November 2025 | $2,215 |
| December 2025 | $2,218 |
| January 2026 | $2,228 |
| February 2026 | $2,200 |
| March 2026 | $2,193 |
| April 2026 | $2,206 |
| May 2026 | $2,300 |
| June 2026 | $2,300 |
| July 2026 | $2,287 |
| August 2026 | $2,325 |
| September 2026 | $2,293 |
Affordability calculator
Can I afford to live at 406 Greenwood Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$132,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $132,000 annually to afford this 3-bedrooms monthly rent price of $3,300.
For more information on rent affordability, visit our rent calculator.
Schools near 406 Greenwood Way
Bluewater Elementary School
4545 range rd
niceville, FL, 32578
PK, K-5Public
A-
Okaloosa STEMM Academy
379 edge ave
valparaiso, FL, 32580
PK, 6-8Public
A
Northwest Florida Ballet Academie
310 perry ave se
fort walton beach, FL, 32548
3-9Public
A-
Okaloosa Virtual Instruction Program
202a hwy 85 n
niceville, FL, 32578
K-12Public
Silver Sands School
349 holmes blvd nw
fort walton beach, FL, 32548
PK, K-12Public
Advertisement
Internet available near 406 Greenwood Way
Neighborhood
Getting around Niceville near 406 Greenwood Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 406 Greenwood Way, Niceville
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
3/10
Some restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
Compare similar properties nearby
The Enclave at Deer Moss Creek
Our team has verified this company1200 Deer Moss Loop
2–3 Beds
$2,389–$3,063
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
1428 William Faulkner Dr #NA, Niceville, FL, 32578
Our team has verified this company1428 William Faulkner Dr #NA
3 Beds
$3,600
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
The Enclave at Deer Moss Creek
Our team has verified this company1200 Deer Moss Loop
2–3 Beds
$2,389–$3,063
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
1428 William Faulkner Dr #NA, Niceville, FL, 32578
Our team has verified this company1428 William Faulkner Dr #NA
3 Beds
$3,600
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
- dogs ok
- in-unit laundry
- dishwasher
Check availability
Advertisement