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Lot/land
  • $239,500

    1269 Alligator Dr, Panacea, FL 32346

    --beds
    --baths
    6,969Square Feet
    Unimproved Land
    Built in ----
    6,969 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Waterfront Living at Its Finest – Build Your Dream Home on the Gulf Discover the magic of true coastal living on this prime 0.16-acre Gulf-front lot, where the sparkling waters of the Gulf of Mexico meet endless skies. This is more than a homesite — it’s your personal slice of paradise, ready for you to create the ultimate beachside retreat. Wake each morning to the golden glow of sunrise dancing across the water, and unwind each evening as the horizon explodes into breathtaking shades of coral and crimson. From your future porch, watch dolphins play offshore, pelicans glide along the breeze, and let the gentle rhythm of the tide wash your cares away. Step outside and explore the beauty that surrounds you. Stroll or bike along the new waterfront pathways, where coastal breezes and natural scenery make every outing feel like a vacation. Cast a line from your backyard, enjoy world-class fishing, and end the day savoring your fresh catch under a sky full of stars. Located in a welcoming golf cart-friendly coastal community, this property invites you to slow down and enjoy the laid-back rhythm of Gulf living. Just minutes away, discover charming waterfront dining and local seafood favorites in nearby coastal communities like St. Marks, Shell Point, and Ochlockonee Bay. Property Highlights • 0.16-acre direct Gulf-front lot • Panoramic, unobstructed sunrise & sunset views • No HOA — build with flexibility • New walking and biking paths nearby • Active golf cart-friendly community • Abundant coastal wildlife & natural beauty • Minutes from local restaurants and amenities This isn’t just land — it’s a lifestyle. Whether you envision a full-time residence, a peaceful vacation getaway, or an investment property, this rare Gulf-front opportunity offers the perfect setting for the relaxed coastal life you’ve always imagined. Bring your plans, your vision, and your love of the water — paradise awaits.
    255 days
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    287
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Armand G Reyes 631-988-1903,

    Keller Williams Town & Country

    Source: TBR,MLS#: 393157MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Frontage type: Oceanfront,Waterfront
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 91 x 90 x 92 x 90
      • Features: <1 Acre, Flood Zone
      • Topography: Cleared
      • Residential vegetation: Cleared
      Details
      • Additional structures: None
      • Parcel number: 120370607S01W1041000C0030
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Community/Coop
      • Utilities for property: None

      Community & HOA

      Community
      • Subdivision: Penn Point
      Location
      • Region: Panacea

      Financial & listing details

      • Tax assessed value: $79,778
      • Annual tax amount: $810
      • Date on market: 11/12/2025
      • Cumulative days on market: 257 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,539/mo

        Price history

        DateEventPrice
        12/26/2025Price change$239,500-2.2%
        Source: TBR #393157 Report a problem
        11/12/2025Listed for sale$245,000-7.5%
        Source: TBR #393157 Report a problem
        10/30/2025Listing removed$265,000
        Source: TBR #385694 Report a problem
        9/4/2025Price change$265,000+17.8%
        Source: TBR #385694 Report a problem
        5/9/2025Listed for sale$225,000+202%
        Source: TBR #385694 Report a problem
        7/2/2021Sold$74,500-5.7%
        Source: TBR #331453 Report a problem
        5/5/2021Contingent$79,000
        Source: TBR #331453 Report a problem
        5/4/2021Listed for sale$79,000+12.9%
        Source: TBR #331453 Report a problem
        8/5/2020Listing removed$69,999
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        7/15/2020Price change$69,999-6.7%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        7/8/2020Price change$74,999-6.3%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        7/1/2020Price change$79,999-5.9%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        6/24/2020Price change$84,999-5.6%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        6/16/2020Price change$89,999-5.3%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        5/13/2020Price change$94,999-5%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        5/4/2020Listed for sale$99,999+1076.5%
        Source: NEW ALLIANCE GROUP REALTY #A4466474 Report a problem
        1/30/2002Sold$8,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$810 +9.9%$71,500 +10%
        2023$738 -2.6%$65,000
        2022$758 +16.1%$65,000 +72%
        2021$653 -2.6%$37,785 +10%
        2020$670 $34,350 -53%
        2019$670 +14.6%$73,125 +25%
        2018$585 +10.3%$58,500 +14.3%
        2017$530 $51,187 +13.5%
        2016$530 +12.2%$45,093 +111.4%
        2015$472 +46.3%$21,328
        2014$323 $21,328
        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

        0 / 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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