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For sale
  • Price cut: $20K (6/13)
    $199,900

    12 Lake Essay Dr, Panacea, FL 32346

    2beds
    1,148sqft
    : 
    $1,308/mo
    Get pre-qualified
    Single Family Residence
    Built in 1984
    0.33 Acres Lot
    $-- Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Abundant wildlifePrivate oasisMetal roofNew privacy fenceNew water heaterOpen floor planTwo newly installed decks
    Bring your boats and don’t miss the chance to own this delightful 2-bedroom, 1-bath cottage, nestled in the heart of Panacea. This custom-built home offers a metal roof, two newly installed decks, new privacy fence, new water heater, and durable hurricane shutters. Set amidst a serene hardwood hammock at the edge of Lake Essay, the property is fenced, creating the perfect retreat for both you and your pets. The lush landscape features 30 mature specimen trees and abundant wildlife, providing an enchanting backdrop. Inside, the home boasts a vintage-inspired charm with modern updates, an open floor plan, and a fully furnished, cozy ambiance. Relax in the inviting outdoor space, where you can savor peaceful mornings on the deck, listening to the soothing sounds of nature. The built-in Weber kettle grill with counter space on the back deck ensures effortless grilling for outdoor dining. Located within the St. Marks Nature Preserve, this home offers a paradise for outdoor enthusiasts, with easy access to fishing, birdwatching, boating, kayaking, and miles of scenic nature trails. The property is spacious for parking boats, trailers, or RV's to meet your outdoor needs. For kayaking lovers, a launch site is only 5 min. away. Whether you’re looking for privacy, natural beauty, or proximity to the Gulf Coast, this property is ideally situated. The Panacea area was a renowned health resort enclave centered around mineral springs in the early 1900's and still enjoys quick access to pristine Gulf beaches, fresh seafood restaurants, marinas, the Gulf Coast Aquarium, a fishing pier, and miles of picturesque walking and biking trails. This charming cottage is perfect for retirees seeking a peaceful sanctuary, snowbirds looking for a seasonal retreat, or even as a rental property to generate income. It delivers the ideal combination of tranquility and convenience, offering the best of laid-back Florida living. Situated along the Great Florida Birding Trail, many species of birds can be viewed right from this private oasis. Being sold as is with the right to inspect.
    120 days
    |
    624
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lesa Evans 850-251-9680,

    Bluewater Realty Group

    Source: TBR,MLS#: 397896MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Dimensions: 11x13
      Bedroom 2
      • Dimensions: 9x11
      Dining room
      • Dimensions: 8x8
      Family room
      • Dimensions: -
      Kitchen
      • Dimensions: 11x8
      Living room
      • Dimensions: 19x15
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • High Ceilings
      • Flooring: Plank, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,148
      • Total interior livable area: 1,148 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Fully Fenced
      • Fencing: Fenced,Privacy
      • Has view: Yes
      • View description: None
      Lot
      • Size: 0.33 Acres
      • Dimensions: 141 x 106 x 141 x 106
      Details
      • Parcel number: 235S02W09502881000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,One Story
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1984

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Panacea Park
      HOA
      • Services included: None
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $77,376
      • Annual tax amount: $1,510
      • Date on market: 3/28/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash
      • Road surface type: Unimproved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/13/2026Price change$199,900-9.1%$174/sqft
        Source: TBR #397896 Report a problem
        5/15/2026Price change$219,900-4.3%$192/sqft
        Source: TBR #397896 Report a problem
        3/28/2026Listed for sale$229,900-4.2%$200/sqft
        Source: TBR #397896 Report a problem
        3/23/2026Listing removed$239,900$209/sqft
        Source: TBR #385810 Report a problem
        1/13/2026Listed for sale$239,900-4%$209/sqft
        Source: TBR #385810 Report a problem
        11/12/2025Listing removed$249,900$218/sqft
        Source: TBR #385810 Report a problem
        5/12/2025Listed for sale$249,900$218/sqft
        Source: TBR #385810 Report a problem
        4/14/2025Listing removed$249,900$218/sqft
        Source: TBR #380023 Report a problem
        12/17/2024Listed for sale$249,900-2%$218/sqft
        Source: TBR #380023 Report a problem
        9/30/2024Listing removed$255,000$222/sqft
        Source: TBR #375137 Report a problem
        7/23/2024Price change$255,000-3.8%$222/sqft
        Source: TBR #375137 Report a problem
        5/8/2024Listed for sale$265,000+65.6%$231/sqft
        Source: TBR #371919 Report a problem
        12/28/2023Sold$160,000-8.5%$139/sqft
        Source: TBR #366428 Report a problem
        12/14/2023Contingent$174,900$152/sqft
        Source: TBR #366428 Report a problem
        12/12/2023Listed for sale$174,900+133.2%$152/sqft
        Source: TBR #366428 Report a problem
        11/25/2020Sold$75,000$65/sqft
        Source: TBR #313708 Report a problem
        10/7/2020Pending sale$75,000$65/sqft
        Source: Coastwise Realty #313708 Report a problem
        8/25/2020Listed for sale$75,000$65/sqft
        Source: Coastwise Realty #313708 Report a problem
        7/22/2020Pending sale$75,000$65/sqft
        Source: Coastwise Realty #313708 Report a problem
        1/20/2020Price change$75,000-6.3%$65/sqft
        Source: Coastwise Realty #313708 Report a problem
        12/16/2019Listed for sale$80,000$70/sqft
        Source: Coastwise Realty #313708 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,510 -20.4%$77,376 -28.8%
        2024$1,896 +116.3%$108,735 +62.8%
        2023$877 -24%$66,797 +15.3%
        2022$1,154 +1.5%$57,911 +3.7%
        2021$1,137 +7.8%$55,853 +3.5%
        2020$1,054 $53,974 +50.7%
        2019$1,054 $35,827 +1.9%
        2018-- $35,159 +2.1%
        2017-- $34,436 +2.1%
        2016-- $33,728 +0.7%
        2015-- $33,494 +0.8%
        2014-- $33,228 -0.6%
        2013-- $33,427 +1.7%
        2012-- $32,868 +3%
        2011-- $31,911 +1.5%
        2010-- $31,439 +2.7%
        2009-- $30,612 +1.2%
        2008-- $30,259 +2.5%
        2007-- $29,521 +3%
        2006-- $28,661 +3%
        2005-- $27,826 +3%
        2004-- $27,016 +5.7%
        2003-- $25,562 +2.4%
        2002-- $24,963 +1.6%
        2001-- $24,570 +2.7%
        2000-- $23,924
        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

        7 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: MEDART
        • Middle: WAKULLA
        • High: WAKULLA

        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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