DOUBLE LOT, CANAL FRONT, NEVER FLOODED, CUSTOM BUILT HOME! You must see to believe the magnificence of this custom-built home on the highly desirable Alligator Drive! This home is BEAUTIFUL inside! The builder, a retired oceanographer and meteorologist who served in Antarctica with international science expeditions, brought many unique touches to the construction. The meticulously crafted, Japanese-style home is a true gem nestled along The Forgotten Coast on a double canal lot. It is detailed with cedar, cypress, and heart pine and positioned to harness nature’s beauty and breezes throughout the year. The home features a screened wrap-around porch that overlooks the canal, offering a serene view and the soothing sounds of whispering pine trees that provide a natural buffer from neighbors. Located just a one-minute walk from beach access, though, this home is ideal for those who love fishing, swimming, and boating. Heartily built, this home stands on eighteen (18) 24-inch diameter pylons buried deep and extending the full height of the construction. The heart pine tongue and groove vaulted ceilings and floors create a warm and welcoming atmosphere. The open cupola and 200-plus square-foot loft provide additional space for a bunk room, playroom, reading nook, or relaxation area. Step inside the main level of the home to luxuriate in the sunken Japanese bath, yet another perfect place for relaxation. Take the opportunity to own this exceptional home that combines unique design and durability with a prime location.
Sold for $520,000
$520,000
1428 Alligator Dr, Alligator Pt, FL 32346
3beds
2,268sqft
Single Family Residence
Built in 1981
0.54 Acres Lot
$519,400 Zestimate®
$229/sqft
$2,825 Estimated rent
Home value
$519,400
Estimated sales range
Not available
$2,825/mo
Zestimate® history
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List your homeWhat's special
Japanese-style homeCanal frontScreened wrap-around porchSerene viewWhispering pine treesSunken japanese bathOverlooks the canal
Zillow last checked:
Listing updated:
Listed by:
Anna P Smith 850-510-5775,
Rybak Realty, LLC
Bought with:
Anna P Smith, 3605232
Rybak Realty, LLC
Source: TBR,MLS#: 385746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Garage, Screened Porch, Utility Room
Primary bedroom
- Dimensions: 10x15
Bedroom 2
- Dimensions: 10x12
Bedroom 3
- Dimensions: 10x12
Dining room
- Dimensions: 10x12
Family room
- Dimensions: 19x22
Kitchen
- Dimensions: 11x13
Living room
- Dimensions: 19x22
Other
- Dimensions: 16x26
Heating
- Electric, Wood
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Stove, Washer
Features
- Tray Ceiling(s), Garden Tub/Roman Tub, High Ceilings, Stall Shower, Vaulted Ceiling(s)
- Flooring: Hardwood, Laminate
- Has fireplace: Yes
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Spaces
- Carport spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck, Porch, Screened
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access
Lot
- Size: 0.54 Acres
Details
- Parcel number: 120370107S02W103100000150
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Split Level
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Features: Street Lights
- Subdivision: Holiday Beach
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $6,400 annually
Location
- Region: Alligator Pt
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $664,072
- Annual tax amount: $5,797
- Date on market: 5/7/2025
- Cumulative days on market: 29 days
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $520,000-1.9%$229/sqft |
Source:  TBR #385746 Report a problem | ||
| 6/5/2025 | Contingent | $529,900$234/sqft |
Source: TBR #385746 Report a problem | ||
| 5/23/2025 | Listed for sale | $529,900+754.7%$234/sqft |
Source: TBR #385746 Report a problem | ||
| 3/28/2015 | Sold | $62,000-72.3%$27/sqft |
Source: Agent Provided Report a problem | ||
| 5/18/2008 | Listing removed | $224,000$99/sqft |
Source: Homes & Land #174274 Report a problem | ||
| 2/1/2008 | Listed for sale | $224,000$99/sqft |
Source: Homes & Land #174274 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,797 +24.2% | $449,384 +10% |
| 2023 | $4,669 +154.6% | $408,531 +113.5% |
| 2022 | $1,834 -2.5% | $191,362 +3% |
| 2021 | $1,880 -4.3% | $185,788 +1.4% |
| 2020 | $1,965 | $183,223 +2.3% |
| 2019 | $1,965 +1% | $179,104 +1.9% |
| 2018 | $1,947 -2.7% | $175,764 +2.1% |
| 2017 | $2,000 | $172,149 +2.1% |
| 2016 | $2,000 +2.7% | $168,608 +0.7% |
| 2015 | $1,947 +0.2% | $167,436 +0.8% |
| 2014 | $1,944 | $166,107 +1.5% |
| 2013 | -- | $163,652 +1.7% |
| 2012 | -- | $160,916 +3% |
| 2011 | -- | $156,229 +1.5% |
| 2010 | -- | $153,920 +2.7% |
| 2009 | -- | $149,873 +0.1% |
| 2008 | -- | $149,723 +3% |
| 2007 | -- | $145,362 +2.5% |
| 2006 | -- | $141,817 +6.3% |
| 2005 | -- | $133,353 +3% |
| 2004 | -- | $129,469 +1.9% |
| 2003 | -- | $127,055 +2.4% |
| 2002 | -- | $124,077 +1.6% |
| 2001 | -- | $122,123 +3% |
| 2000 | -- | $118,566 |
Find assessor info on the county website
Neighborhood: 32346
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Nearby schools
GreatSchools rating
- 2/10Franklin County Schools Pk-12Grades: PK-12Distance: 27.3 mi
- NAFranklin Virtual Instruction ProgramGrades: K-12Distance: 31.2 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.
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- Florida
- Franklin County
- Panacea
- 32346
- 1428 Alligator Dr
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