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1573 ALLIGATOR Drive Panacea, FL $ 1,650,000
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1573 ALLIGATOR Drive
$ 1,650,000
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1573 ALLIGATOR Drive

Panacea, FL, 32346
$ 1,650,000
Bedrooms7 Baths4.0 Sq 3,462

Monthly Estimate*

$ 10,418

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Single Family Home for sale in Panacea, FL

for $1,650,000 with 7 bedrooms and 4 full baths. This 3,462 square foot home was built in 2006 on a lot size of 0.62.

Rare beach-to-bay property on Florida’s beautiful Forgotten Coast! Enjoy Gulf-front living with multiple decks perfect for watching spectacular sunrises and sunsets, plus the bonus of bay frontage and convenient access for boating and fishing. This unique 7-bedroom, 4-bath home offers incredible flexibility with two separate living levels. The second floor features 3 bedrooms and 2 baths, while the top floor offers 4 bedrooms and 2 baths. Use the levels separately for two families or parties, or combine them for larger groups and family gatherings. With a fantastic rental history, this property offers both an exceptional vacation home and an attractive income-producing opportunity. Enjoy the laid-back lifestyle of Alligator Point— beaches, boating, fishing, kayaking and easy access to the charming communities of Carrabelle, St. George Island and Apalachicola.

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Single Family Active

Price

$ 1,650,000

Bedrooms

7

Full Bath

4

Property Type

Single Family

Taxes

$ 14,351

Style

Two Story,Traditional

Lot Size

0.62

Year Built

2006

Town/City

Panacea

County/Region

Wakulla

MLS | Web ID

404139
Features
General
Living Area 3462.0
Sewer SepticTank
Heating Central Electric Fireplaces
Cooling CentralAir CeilingFans Electric
Appliances Dryer Dishwasher IceMaker Microwave Oven Range Refrigerator Washer
HOA Fee 0.0
Patio/Porch Features Covered Deck Patio Porch Screened
Architectural Style TwoStory Traditional
Construction Materials VinylSiding
Year Built 2006
View Bay Gulf
Stories Count 2
Property Subtype Detached
Waterfront Features BayAccess Gulf
County Franklin
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name -
Garage Y/N N
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions HWY 98 to Alligator Rd
High School OTHER COUNTY
City Panacea
Senior Community Y/N N
MLS Area Franklin
Carport Spaces 3.0
Carport Y/N Y
Listing Terms Cash Conventional
Elementary School OTHER COUNTY
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14351.0
Home Warranty Y/N N
Middle/Junior High School OTHER COUNTY
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 12
Property Sub Type Additional Detached SingleFamilyResidence
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Interior
Interior Amenities StallShower WindowTreatments EntranceFoyer PrimaryDownstairs SplitBedrooms UpperLevelPrimary WalkInClosets
Flooring Hardwood
Fireplace Features Gas
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 7
Room Type Foyer Other ScreenedPorch UtilityRoom
Total Baths 4
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Exterior
Parking Features Carport ThreeOrMoreSpaces
Spa N
Building Area Total 3462.0
Lot Size Acres 0.62
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 1573
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* Excluded Features
List By
The Naumann Group Real Estate

Broker

Affordability Calculator

$11,614
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,418
Monthly Property Taxes
$1,196
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
418852 Elementary School
418923 Middle School
Other County High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$1,650,000 Listed Price

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1573 ALLIGATOR Drive, Panacea, FL, 32346 is a Single Family Home for sale at $1,650,000 with 3,462 sqft and a lot size of 0.62. 1573 ALLIGATOR Drive has 7 bedrooms, 4.0 baths, and was built in 2006. The property's zip code is 32346 which is in Panacea, FL

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