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For sale
    • $279,900

    151 Otter Lake Rd, Panacea, FL 32346

    3beds
    1,196sqft
    : 
    $1,795/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    7,840 Square Feet Lot
    $271,500 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    New metal roofDishwasher and garbage disposalNew vinyl siding
    Fully renovated 3BR/2BA home with 1,196 sq ft in Panacea. New metal roof, new vinyl siding, and a complete interior gut including new walls, plumbing, electrical, windows, doors, and HVAC. Only the original shell remains—everything else is new. The kitchen features new cabinets, countertops, and appliances including a dishwasher and garbage disposal, plus a convenient laundry room and pantry just off the kitchen. Move-in ready and ideal as a full-time residence, second home, or investment property in a quiet coastal golf cart community where all the restaurants and stores are just a short golf cart ride away, with easy access to fishing, boating, and the natural beauty of Florida’s Forgotten Coast.
    9 days
    |
    252
    |
    6
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Denita Sky 850-755-7529,

    Waypoint Properties

    Source: TBR,MLS#: 403904MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Pantry, Utility Room
      Primary bedroom
      • Dimensions: 13x11
      Bedroom 2
      • Dimensions: 13x11
      Bedroom 3
      • Dimensions: 11x9
      Dining room
      • Dimensions: 10x7
      Family room
      • Dimensions: -
      Kitchen
      • Dimensions: 12x10
      Living room
      • Dimensions: 24x17
      Other
      • Dimensions: 9x5
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • Pantry
      • Flooring: Plank, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,196
      • Total interior livable area: 1,196 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Fencing: Partial
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 75 x 100 x 75 x 100
      Details
      • Parcel number: 12129235S02W05602821000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      Condition
      • Year built: 1972

      Community & HOA

      Community
      • Subdivision: Joseph Lee Estates
      HOA
      • Has HOA: Yes
      • Services included: Trash
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $53,082
      • Annual tax amount: $1,156
      • Date on market: 8/19/2026
      • Cumulative days on market: 9 days
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $271,500

        $258,000 - $285,000

        $1,435/mo

        Price history

        DateEventPrice
        8/19/2026Listed for sale$279,900+448.8%$234/sqft
        Source: TBR #403904 Report a problem
        1/28/2026Sold$51,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,179 +9.2%$52,307 +10.6%
        2024$1,080 -0.1%$47,298 +0.3%
        2023$1,081 +10.3%$47,146 +4.1%
        2022$980 +91.2%$45,280 +23.8%
        2021$512 +13%$36,589 +1.4%
        2020$453 $36,084 +2.3%
        2019$453 +53.7%$35,273 +1.9%
        2018$295 $34,615 +2.1%
        2017$295 $33,903 +2.1%
        2016$295 +6.9%$33,206 +0.7%
        2015$276 $32,975 +0.8%
        2014$276 $32,713 -9.7%
        2013-- $36,244 -6%
        2012-- $38,572 -1.2%
        2011-- $39,044
        2010-- $39,044 -1.6%
        2009-- $39,672 +0.1%
        2008-- $39,634 -1.4%
        2007-- $40,195 -0.5%
        2006-- $40,385 +3%
        2005-- $39,209 +15.4%
        2004-- $33,991 -0.3%
        2003-- $34,092 +0.3%
        2002-- $34,001 -1.2%
        2001-- $34,431 +30.3%
        2000-- $26,420
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32346

        Getting around

        18 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: MEDART
        • Middle: WAKULLA
        • High: WAKULLA

        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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