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For sale
    • Price cut: $150K (5/26)
    $799,900

    1171 Alligator Dr, Panacea, FL 32346

    3beds
    1,376sqft
    : 
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    Single Family Residence
    Built in 1982
    0.45 Acres Lot
    $749,900 Zestimate®
    $581/sqft
    $-- HOA

    What's special

    Clean coastal feel throughoutFloor-to-ceiling windowsBreathtaking gulf viewsExpansive deckCeiling to floor windowsLight-filled retreatBright open living space
    Breathtaking Gulf views and coastal charm await at this light-filled retreat along Florida’s sought-after Forgotten Coast. From dolphins playing in the surf to pelicans diving for their next catch and sea turtles nesting along the shoreline, this home offers a true front-row seat to nature’s beauty. Step inside through a welcoming foyer into a bright, open living space featuring floor-to-ceiling windows that perfectly frame spectacular sunrises and sunsets over the water. Fresh interior and exterior paint, along with newly refinished floors, create a clean, coastal feel throughout. Enjoy gentle sea breezes and endless ocean vistas from the expansive deck and ceiling to floor windows—ideal for entertaining, relaxing, or simply soaking in the peaceful surroundings. The updated kitchen offers bar seating and a spacious dining area, perfect for everything from casual breakfasts to evening gatherings after a day on the beach. A rare coastal convenience, the property includes a private, fenced boat or RV parking area complete with 50A/120V full hook-up, pump-out, and water access. Recent upgrades, including HVAC (2024), roof (2022), water heater (2020), and new hardie board installed under the home to provide peace of mind for years to come. Whether you're searching for an income-producing vacation rental, a relaxing second home, or your own full-time coastal escape, this property delivers. Come experience the tranquility, charm, and unforgettable views of this coastal cottage—where every sunrise and sunset feels like your own private paradise.
    105 days
    |
    1,047
    |
    78
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine Searcy 850-766-1444,

    The Naumann Group Real Estate

    Source: TBR,MLS#: 398186MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Foyer, Pantry, Sunroom, Utility Room
      Primary bedroom
      • Dimensions: 13x12
      Bedroom 2
      • Dimensions: 12x10
      Bedroom 3
      • Dimensions: 10x9
      Dining room
      • Dimensions: 12x16
      Family room
      • Dimensions: 12x16
      Kitchen
      • Dimensions: 12x12
      Living room
      • Dimensions: 0x0
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Stove, Washer
      Features
      • Tray Ceiling(s), High Ceilings, Stall Shower, Vaulted Ceiling(s), Window Treatments, Entrance Foyer, Primary Downstairs, Pantry, Sun Room
      • Flooring: Hardwood, Tile
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,376
      • Total interior livable area: 1,376 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Driveway, Two Spaces
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      • Fencing: Partial
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Lot
      • Size: 0.45 Acres
      Details
      • Parcel number: 120370507S01W103200000290
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,One Story,Two Story,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Vinyl Siding
      Condition
      • Year built: 1982

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Community
      • Subdivision: HOLIDAY BEACH UNIT 2
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $581/sqft
      • Tax assessed value: $823,356
      • Annual tax amount: $5,653
      • Date on market: 4/5/2026
      • Cumulative days on market: 106 days
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $749,900

        $712,000 - $787,000

        $3,349/mo

        Price history

        DateEventPrice
        5/26/2026Price change$799,900-15.8%$581/sqft
        Source: TBR #398186 Report a problem
        4/6/2026Listed for sale$949,900+11.8%$690/sqft
        Source: TBR #398186 Report a problem
        1/2/2026Listing removed$849,900$618/sqft
        Source: TBR #393764 Report a problem
        12/3/2025Listed for sale$849,900-5.6%$618/sqft
        Source: TBR #393764 Report a problem
        12/1/2025Listing removed$899,875$654/sqft
        Source: TBR #392780 Report a problem
        11/1/2025Listed for sale$899,8750%$654/sqft
        Source: TBR #392780 Report a problem
        10/31/2025Listing removed$899,900$654/sqft
        Source: TBR #390040 Report a problem
        8/19/2025Listed for sale$899,900-5.3%$654/sqft
        Source: TBR #390040 Report a problem
        8/13/2025Listing removed$949,900$690/sqft
        Source: TBR #385758 Report a problem
        7/6/2025Price change$949,900-4.5%$690/sqft
        Source: TBR #385758 Report a problem
        5/10/2025Listed for sale$995,000-5.2%$723/sqft
        Source: TBR #385758 Report a problem
        5/6/2025Listing removed$1,050,000$763/sqft
        Source: TBR #382768 Report a problem
        3/6/2025Listed for sale$1,050,000-4.5%$763/sqft
        Source: TBR #382768 Report a problem
        3/1/2025Listing removed$1,100,000$799/sqft
        Source: TBR #381395 Report a problem
        2/1/2025Listed for sale$1,100,000$799/sqft
        Source: TBR #381395 Report a problem
        1/29/2025Listing removed$1,100,000$799/sqft
        Source: TBR #376759 Report a problem
        9/5/2024Listed for sale$1,100,000+20.9%$799/sqft
        Source: TBR #376759 Report a problem
        8/28/2023Sold$910,000-1.6%$661/sqft
        Source: TBR #354728 Report a problem
        6/23/2023Contingent$925,000$672/sqft
        Source: TBR #354728 Report a problem
        1/26/2023Listed for sale$925,000+15.8%$672/sqft
        Source: TBR #354728 Report a problem
        5/10/2022Sold$799,000+52.2%$581/sqft
        Source: TBR #346036 Report a problem
        8/5/2020Listing removed$525,000$382/sqft
        Source: Harbor Point Realty (AP) #321213 Report a problem
        7/17/2020Listed for sale$525,000+31.3%$382/sqft
        Source: Harbor Point Realty (AP) #321213 Report a problem
        4/1/2016Sold$400,000-6.8%$291/sqft
        Source: Public Record Report a problem
        2/24/2016Pending sale$429,000$312/sqft
        Source: HARBOR POINT REALTY #255988 Report a problem
        2/12/2016Listed for sale$429,000$312/sqft
        Source: Harbor Point Realty (AP) #265980 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,920 +57.8%$823,356 +65.8%
        2023$5,653 +8.4%$496,454 +11.5%
        2022$5,216 -0.5%$445,131 +8.7%
        2021$5,243 -0.3%$409,540 +10%
        2020$5,260 $372,309 -13.5%
        2019$5,260 +12.1%$430,652 +20.8%
        2018$4,691 +7.9%$356,632 +12.2%
        2017$4,345 $317,752 +25%
        2016$4,345 +15.6%$254,293 +4%
        2015$3,758 +1.8%$244,573 -0.2%
        2014$3,691 $245,029 -9.2%
        2013-- $269,785 +5.7%
        2012-- $255,272 -22.4%
        2011-- $328,856 -0.2%
        2010-- $329,540 -19.2%
        2009-- $407,984 -30.2%
        2008-- $584,173 -0.5%
        2007-- $587,137 -1%
        2006-- $593,350 +4.4%
        2005-- $568,498 +57.4%
        2004-- $361,204 +124.3%
        2003-- $161,064 +55.4%
        2002-- $103,623
        2001-- $103,623 +10.3%
        2000-- $93,980
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32346

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Franklin County Middle School
        • High: Franklin County High School

        Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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