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Lot/land
  • $475,000

    1187 Alligator Dr, Panacea, FL 32346

    --beds
    --baths
    0.42Acres
    Unimproved Land
    Built in ----
    0.42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beachfront lotDirect beach frontage
    Beachfront Vacant Lot – Alligator Point, Florida: The Forgotten Coast’s One of the Last Remaining Homesites on these Gulf waters. Discover a rare opportunity to own one of the last available buildable beachfront lot on the Gulf side of Alligator Point—a true coastal gem along Florida’s unspoiled Forgotten Coast. This spectacular property offers everything you need to create the ultimate seaside retreat. Build Your Dream Home: Wake up to gentle waves, warm breezes, and endless horizons. With direct beach frontage and ample space for custom construction, this lot is the perfect canvas for your coastal getaway or full-time residence. Spectacular Sunrise and Sunset Views: Positioned ideally along Alligator Point’s sweeping shoreline, the property offers the unique luxury of watching the sun rise over the Gulf and experience the vibrant colors of the sunset sky displayed each night; right from your future porch. Prime Beach Location: Live steps from the sand on a quiet stretch of coastline known for its natural beauty, wildlife, boating, fishing, and relaxed atmosphere. Enjoy miles of pristine beach with fewer crowds and more peace. A Rare Find at an Affordable Price: Opportunities like this are nearly unheard of. With only a few beachfront lots on Alligator Point currently available, this property delivers exceptional value for buyers seeking coastal living without the premium price tag seen elsewhere.
    137 days
    |
    175
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Brett 850-210-8036,

    Keller Williams Town & Country

    Source: TBR,MLS#: 397107MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Park/Greenbelt, Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Frontage type: Oceanfront,Waterfront
      Lot
      • Size: 0.42 Acres
      • Dimensions: 80 x 226 x 80 x 226
      • Features: Rectangular Lot
      • Residential vegetation: Brush, Pine, Wooded
      Details
      • Additional structures: None
      • Parcel number: 0507S01W103200000340

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: None
      • Utilities for property: None

      Community & HOA

      Community
      • Subdivision: Holiday Beach
      Location
      • Region: Panacea

      Financial & listing details

      • Tax assessed value: $298,320
      • Annual tax amount: $3,924
      • Date on market: 3/10/2026
      • Cumulative days on market: 148 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/10/2026Listed for sale$475,000
        Source: TBR #397107 Report a problem
        3/10/2026Listing removed$475,000
        Source: TBR #393890 Report a problem
        12/5/2025Listed for sale$475,000-13.6%
        Source: TBR #393890 Report a problem
        8/28/2025Listing removed$550,000
        Source: TBR #363382 Report a problem
        3/15/2025Price change$550,000+10.2%
        Source: TBR #363382 Report a problem
        9/11/2024Listed for sale$499,000
        Source: TBR #363382 Report a problem
        8/29/2024Listing removed--
        Source: TBR #363382 Report a problem
        8/22/2024Price change$499,000-3.9%
        Source: TBR #363382 Report a problem
        9/12/2023Listed for sale$519,000+86.7%
        Source: TBR #363382 Report a problem
        3/16/2021Sold$278,000-7%
        Source: TBR #301758 Report a problem
        1/2/2021Contingent$299,000
        Source: TBR #301758 Report a problem
        12/18/2020Pending sale$299,000
        Source: Harbor Point Realty (AP) #301758 Report a problem
        7/10/2020Price change$299,000-9.1%
        Source: Harbor Point Realty (AP) #301758 Report a problem
        1/28/2020Price change$329,000-0.3%
        Source: Harbor Point Realty (AP) #301758 Report a problem
        1/15/2019Listed for sale$329,950+34.7%
        Source: Harbor Point Realty (AP) #301758 Report a problem
        9/15/2017Sold$245,000-15.2%
        Source: TBR #279468 Report a problem
        9/15/2017Listed for sale$289,000
        Source: Harbor Point Realty (AP) #279468 Report a problem
        7/27/2017Pending sale$289,000
        Source: Harbor Point Realty (AP) #279468 Report a problem
        7/3/2017Price change$289,000-3.3%
        Source: Harbor Point Realty (AP) #279468 Report a problem
        3/23/2017Listed for sale$299,000+75.9%
        Source: Harbor Point Realty (AP) #279468 Report a problem
        5/20/2015Sold$170,000-32%
        Source: Public Record Report a problem
        1/1/2015Listing removed$249,900
        Source: Hill Spooner & Elliott, Inc. #248820 Report a problem
        12/5/2014Price change$249,900-3.9%
        Source: Hill Spooner & Elliott, Inc. #248820 Report a problem
        8/16/2014Listed for sale$260,000
        Source: Hill Spooner & Elliott, Inc. #248820 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,207 +4.6%$298,320 +9.3%
        2023$3,067 -2.7%$273,008
        2022$3,151 -5.8%$273,008
        2021$3,346 -4%$273,008 +4%
        2020$3,485 $262,522 -3.2%
        2019$3,485 +12.4%$271,200 +25%
        2018$3,102 +18.7%$216,960 +20%
        2017$2,613 $180,800 +8.1%
        2016$2,613 +8%$167,240 +5.7%
        2015$2,419 +3.8%$158,200
        2014$2,332 $158,200
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32346

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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