Welcome to your ultimate coastal escape in the sought-after oasis of Alligator Point! Brand new roof 7/30! This waterfront home is masterfully built home on pilings is wrapped in durable, freshly painted "Cay Blue" hardie board siding for effortless, low-maintenance living. The bright, airy interior boasts an open concept designed to frame mesmerizing Gulf views from the living room, kitchen and primary suite. Brand new interior paint and luxury vinyl plank flooring makes it move in ready! Whether you are reeling in trout and redfish from your private dock or unwinding on the expansive wraparound deck, this property delivers the perfect slice of coastal paradise. Enjoy awesome privacy on this massive 0.81-acre lot, complete with a circular driveway and sheltered parking for two vehicles beneath the home. The property features a newly built, enclosed downstairs storage room perfectly designed to secure your fishing gear and water toys. Nestled in a recreational paradise, you are just moments from Bald Point State Park, public boat ramps, and a full-service marina. Enjoy effortless days launching your kayak or canoe into the 125-acre lake, exploring local seafood restaurants, or taking advantage of the area's legendary boating and world-class fishing. Awesome opportunity for the perfect vacation home or full time resort style living! This is your time to come watch the dolphins play & enjoy life!!
For sale
Price increase: $5K (7/17)
$580,000
1308 Peninsular St, Panacea, FL 32346
2beds
864sqft
Single Family Residence
Built in 1978
0.81 Acres Lot
$540,900 Zestimate®
$671/sqft
$-- HOA
What's special
Private dockExpansive wraparound deckWaterfront homeBrand new interior paintLuxury vinyl plank flooringCircular driveway
- 72 days
- 433
- 29
Zillow last checked:
Listing updated:
Listed by:
Kaye C Bishop 850-556-1380,
Southern Oaks Real Estate
Source: TBR,MLS#: 401375
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Utility Room
Primary bedroom
- Dimensions: 12x11
Bedroom 2
- Dimensions: 12x10
Dining room
- Dimensions: 0
Family room
- Dimensions: 0
Kitchen
- Dimensions: 15x10
Living room
- Dimensions: 24x15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Microwave, Oven, Range, Refrigerator
Features
- Flooring: Plank, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Spaces
- Carport spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Fencing: Partial
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Size: 0.81 Acres
- Dimensions: 185 x 170 x 68 x 78 x 221
Details
- Parcel number: 120370607S01W101200E00190
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Fiber Cement
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
Green energy
- Green verification: ENERGY STAR Certified Homes, Home Performance with ENERGY STAR
Community & HOA
Community
- Subdivision: Alligator Harbor
HOA
- Services included: None
Location
- Region: Panacea
Financial & listing details
- Price per square foot: $671/sqft
- Date on market: 6/16/2026
- Cumulative days on market: 75 days
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$540,900
$514,000 - $568,000
$1,780/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $580,000+0.9%$671/sqft |
Source: | ||
| 6/30/2026 | Contingent | $575,000$666/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $575,000$666/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32346
Nearby schools
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.





