12 Marlin Street Panacea, FL $ 890,000
12 Marlin Street
$ 890,000
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12 Marlin Street

Panacea, FL, 32346
$ 890,000
Bedrooms3 Baths2.1 Sq 1,600

Monthly Estimate*

$ 5,480

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Single Family Home for sale in Panacea, FL

for $890,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,600 square foot home was built in 1975 on a lot size of 0.33.

Offered for the first time, this cherished Gulf-front home rests on a large lot in prime Bald Point, directly on the beach. Thoughtfully cared for over the years, the property reflects a history of attentive ownership and an appreciation for its remarkable coastal setting. The home features an open living and dining area oriented toward the water, three comfortable bedrooms, and two full bathrooms. Recent improvements include durable Hardie board siding and a new Polywood sundeck with stainless cable rail handrails—an inviting space to enjoy the sound of the surf and expansive Gulf views. High ceilings and charming details add warmth and character throughout, while the direct beachfront location offers immediate access to sand and sea. Set within one of Florida’s most unspoiled stretches of coastline near Bald Point State Park, the area is a nature lover’s paradise known for secluded white-sand beaches, exceptional birding, fishing, and boating. Scenic trails and quiet roads invite cycling and exploration, while the surrounding protected lands preserve the sense of privacy and natural beauty that make Bald Point so special. A rare opportunity to own a well-loved piece of Gulf shoreline in a truly serene coastal setting. All room dimensions are approximate.

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Single Family Active

Price

$ 890,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Cottage,One Story

Lot Size

0.33

Year Built

1975

Town/City

Panacea

County/Region

Wakulla

MLS | Web ID

396366

Features
General
Living Area 1600.0
Sewer SepticTank
Heating Central Ductless Electric
Cooling CentralAir CeilingFans Ductless Electric
Appliances Cooktop Dryer Dishwasher IceMaker Microwave Oven Range Refrigerator Stove Washer
HOA Fee 0.0
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Cottage OneStory
Construction Materials FiberCement
Year Built 1975
View Gulf
Stories Count 1
Property Subtype Detached
Waterfront Features Gulf
County Franklin
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Southern Dunes
Garage Y/N N
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Hwy 98 South Left on Hwy 370 (Alligator Dr) Left on Bald Pt Rd Right on Marlin.
High School Franklin County High School
City Panacea
Senior Community Y/N N
MLS Area Franklin
Carport Spaces 2.0
Carport Y/N Y
Listing Terms Cash Conventional
Elementary School OTHER COUNTY
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Franklin County Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 75
Property Sub Type Additional Detached SingleFamilyResidence
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Interior
Interior Amenities TrayCeilings VaultedCeilings
Flooring Carpet EngineeredHardwood Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Carport TwoSpaces
Spa N
Building Area Total 1600.0
Lot Size Acres 0.33
Road Surface Type Unimproved
Private Pool N
Waterfront Y/N Y
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 12
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* Excluded Features
List By
Rybak Realty, Llc

Broker

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$5,480
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Monthly Principal & Interest
$5,480
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571023 Elementary School
3570944 Middle School
Franklin County High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$890,000 Listed Price

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12 Marlin Street, Panacea, FL, 32346 is a Single Family Home for sale at $890,000 with 1,600 sqft and a lot size of 0.33. 12 Marlin Street has 3 bedrooms, 2.1 baths, and was built in 1975. The property's zip code is 32346 which is in Panacea, FL