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For sale
  • Price cut: $44.5K (4/27)
    $845,500

    12 Marlin St, Panacea, FL 32346

    3beds
    1,600sqft
    : 
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    Single Family Residence
    Built in 1975
    0.33 Acres Lot
    $-- Zestimate®
    $528/sqft
    $-- HOA

    What's special

    Three comfortable bedroomsGulf-front retreat
    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.
    135 days
    |
    295
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    29
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    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#: 396366MLS Logo

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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

        DateEventPrice
        4/27/2026Price change$845,500-5%$528/sqft
        Source: TBR #396366 Report a problem
        2/19/2026Listed for sale$890,000$556/sqft
        Source: TBR #396366 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        0 / 100
        Car-Dependent
        24 / 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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