Gulf-Front Living on Florida’s Forgotten Coast — Offered for the First Time Welcome to 12 Marlin Street, a rare opportunity to own a true Gulf-front retreat in sought-after Bald Point, where unspoiled beaches, natural beauty, and coastal serenity define everyday living. Situated on a spacious 0.33-acre beachfront lot, this home offers direct access to the sand and sweeping panoramic views of the Gulf. Designed to embrace its waterfront setting, the home features an open living and dining area oriented toward the water, high ceilings that enhance natural light, and three comfortable bedrooms ideal for family, guests, or vacation rental flexibility. Step outside onto the newly built Polywood sundeck with stainless cable railing, perfectly positioned for sunrise coffee, sunset gatherings, and the constant sound of the surf. Recent exterior improvements include durable Hardie board siding, blending coastal charm with low-maintenance durability. The property’s generous lot size provides privacy rarely found along the coastline while offering space to further personalize or enhance outdoor living. Located near Bald Point State Park, residents enjoy miles of secluded white-sand beaches, world-class fishing, boating, birding, and scenic biking trails. This peaceful stretch of Florida’s Forgotten Coast is known for its preserved landscapes, quiet roads, and relaxed coastal lifestyle — all within an easy drive of Tallahassee. Whether you’re searching for a private beachfront escape, second home, or investment opportunity, this is a rare chance to own Gulf frontage in one of North Florida’s most pristine coastal communities. All room dimensions are approximate.
For sale
Price cut: $44.5K (4/27)
$845,500
12 Marlin St, Panacea, FL 32346
3beds
1,600sqft
Single Family Residence
Built in 1975
0.33 Acres Lot
$-- Zestimate®
$528/sqft
$-- HOA
What's special
Three comfortable bedroomsGulf-front retreat
- 135 days |
- 295 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Anna P Smith 850-510-5775,
Rybak Realty, LLC,
Amber L Patterson 850-631-9674,
Harbor Point Realty
Source: TBR,MLS#: 396366
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 17x13
Bedroom 2
- Dimensions: 13x10
Bedroom 3
- Dimensions: 13x11
Dining room
- Dimensions: 8X8
Family room
- Dimensions: 21X20
Kitchen
- Dimensions: 21x10
Living room
- Dimensions: 21X20
Heating
- Central, Ductless, Electric
Cooling
- Central Air, Ceiling Fan(s), Ductless, Electric
Appliances
- Included: Cooktop, Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Stove, Washer
Features
- Tray Ceiling(s), Vaulted Ceiling(s)
- Flooring: Carpet, Engineered Hardwood, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Spaces
- Carport spaces: 2
Features
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Size: 0.33 Acres
Details
- Parcel number: 120372806S01W105100080750
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,One Story
- Property subtype: Single Family Residence
Materials
- Fiber Cement
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Southern Dunes
HOA
- Services included: None
Location
- Region: Panacea
Financial & listing details
- Price per square foot: $528/sqft
- Tax assessed value: $353,380
- Annual tax amount: $2,955
- Date on market: 2/19/2026
- Cumulative days on market: 136 days
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $845,500-5%$528/sqft |
Source: | ||
| 2/19/2026 | Listed for sale | $890,000$556/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,955 +8.7% | $267,499 +10% |
| 2023 | $2,718 +3.5% | $243,181 +10% |
| 2022 | $2,627 +15.8% | $221,074 +10% |
| 2021 | $2,269 -1.7% | $200,976 +10% |
| 2020 | $2,308 | $182,705 +10% |
| 2019 | $2,308 +15.1% | $166,095 +1.4% |
| 2018 | $2,006 +5% | $163,852 +10.1% |
| 2017 | $1,910 | $148,758 -23% |
| 2016 | $1,910 -21.5% | $193,214 |
| 2015 | $2,432 -1.7% | $193,214 -0.3% |
| 2014 | $2,475 | $193,862 -0.3% |
| 2013 | -- | $194,510 -18% |
| 2012 | -- | $237,099 +15.8% |
| 2011 | -- | $204,682 -3.2% |
| 2010 | -- | $211,497 -13% |
| 2009 | -- | $243,013 -41.2% |
| 2008 | -- | $413,098 +21% |
| 2007 | -- | $341,335 -1.4% |
| 2006 | -- | $346,280 +0.8% |
| 2005 | -- | $343,375 +132.1% |
| 2004 | -- | $147,935 +0.1% |
| 2003 | -- | $147,821 +0.9% |
| 2002 | -- | $146,460 +21.6% |
| 2001 | -- | $120,460 +38.5% |
| 2000 | -- | $86,976 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32346
Nearby schools
GreatSchools rating
- 2/10Franklin County Schools Pk-12Grades: PK-12Distance: 31 mi
- NAFranklin Virtual Instruction ProgramGrades: K-12Distance: 35 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Franklin County
- Panacea
- 32346
- 12 Marlin St







