1288 Alligator Dr, Panacea, FL 32346

--beds

--baths

0.41Acres

Unimproved Land

Built in ----

0.41 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Gulf-front homesiteRare waterfront propertySpectacular sunrises

Experience the beauty of Florida's Forgotten Coast from this exceptional Gulf-front homesite on Alligator Drive in Alligator Point. This buildable 0.41-acre lot offers breathtaking, panoramic views of the Gulf, creating the perfect setting for your dream beach home. Wake up to spectacular sunrises, spend your days enjoying world-class fishing, and watch pelicans, herons, shorebirds, and other native wildlife from your own front yard. Whether you're looking for a private coastal retreat, a vacation getaway, or an investment opportunity, this rare waterfront property offers endless possibilities. If you've been dreaming of life on the Gulf, this is your chance to own a slice of paradise.

29 days

230

9

Facts & features

Property

Features

Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Frontage type: Oceanfront,Waterfront

Lot

Size: 0.41 Acres
Dimensions: 78 x 14 x 194 x 89 x 198
Features: <1 Acre, Rectangular Lot, Flood Zone
Residential vegetation: Brush, Cleared

Details

Additional structures: None
Parcel number: 0607S01W1041000D0030
Special conditions: Standard

Utilities & green energy

Sewer: None
Water: None
Utilities for property: None

Community & HOA

Community

Subdivision: PENN POINT UNIT 1

Location

Region: Panacea

Financial & listing details

Tax assessed value: $134,925
Annual tax amount: $1,318
Date on market: 6/26/2026
Cumulative days on market: 30 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,463/mo

Price history

Date	Event	Price
6/26/2026	Listed for sale	$250,000+43.7%
Source: TBR #401769 Report a problem
3/24/2022	Sold	$174,000+64.2%
Source: TBR #342541 Report a problem
5/23/2002	Sold	$106,000+100%
Source: Public Record Report a problem
3/10/2000	Sold	$53,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,274 +15.6%	$107,250 +10%
2023	$1,102 +25.5%	$97,500 +59.3%
2022	$878 +18.7%	$61,200 +10%
2021	$739 -1.3%	$55,636 +10%
2020	$749	$50,578 -42.1%
2019	$749 -13.7%	$87,300
2018	$868 +55.8%	$87,300 +129.7%
2017	$557	$38,000
2016	$557 -0.1%	$38,000 -15.6%
2015	$557 -16.8%	$45,000
2014	$670	$45,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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