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For sale
    • $599,000

    1648 Alligator Dr #327, Panacea, FL 32346

    3beds
    1,880sqft
    : 
    $3,907/mo
    Get pre-qualified
    Townhouse
    Built in 2004
    1,306 Square Feet Lot
    $563,000 Zestimate®
    $319/sqft
    $67/mo HOA

    What's special

    Charming hanging bed swingPrivate deeded beach accessOn-site boat launchSoaking in the viewsRefreshing outdoor shower
    Wake up to panoramic views where the Gulf meets the bay at this beautifully appointed Marina townhouse. Perfectly positioned to capture both stunning sunrises & unforgettable sunsets. Enjoy private deeded beach access & the on-site boat launch for effortless days on the water. Designed for carefree coastal living, featuring 4 covered porches—ideal for soaking in the views, entertaining, or unwinding with the soothing sound of the waves. Can be sold furnished, move-in or rent-ready, making it an excellent investment or personal getaway. Thoughtful outdoor amenities include a refreshing outdoor shower & a charming hanging bed swing, perfect for lazy afternoons in the coastal breeze or sleeping under the stars. Whether you're seeking a serene escape or a high-performing rental property, this unique waterfront gem delivers the best of both worlds. Priced for a quick sale.
    102 days
    |
    217
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Brett 850-210-8036,

    Keller Williams Town & Country

    Source: TBR,MLS#: 398951MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Other, Utility Room
      Primary bedroom
      • Dimensions: 19x26
      Bedroom 2
      • Dimensions: 14x12
      Bedroom 3
      • Dimensions: 13x11
      Dining room
      • Dimensions: 5x8
      Family room
      • Dimensions: -
      Kitchen
      • Dimensions: 13x12
      Living room
      • Dimensions: 19x16
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • Tray Ceiling(s), High Ceilings, Vaulted Ceiling(s), Window Treatments, Upper Level Primary, Walk-In Closet(s)
      • Has fireplace: No
      Interior area
      • Total structure area: 1,880
      • Total interior livable area: 1,880 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Two Spaces
      • Carport spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Covered, Deck, Porch
      • Has view: Yes
      • View description: Bay, Gulf
      • Has water view: Yes
      • Water view: Bay,Gulf
      Lot
      • Size: 1,306 Square Feet
      Details
      • Parcel number: 120370307S02W1100000C0020
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Two Story,Traditional
      • Property subtype: Townhouse
      Condition
      • Year built: 2004

      Community & HOA

      Community
      • Subdivision: Pelican Bay Townhouse Resort
      HOA
      • Has HOA: Yes
      • Services included: Common Areas, Maintenance Grounds, Road Maintenance
      • HOA fee: $800 annually
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $319/sqft
      • Date on market: 4/22/2026
      • Cumulative days on market: 102 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $563,000

        $535,000 - $591,000

        $3,249/mo

        Price history

        DateEventPrice
        4/22/2026Listed for sale$599,000-7.8%$319/sqft
        Source: TBR #398951 Report a problem
        3/1/2026Listing removed$649,900$346/sqft
        Source: TBR #390253 Report a problem
        2/15/2026Price change$649,900-2.3%$346/sqft
        Source: TBR #390253 Report a problem
        12/7/2025Listing removed$3,300$2/sqft
        Source: Zillow Rentals Report a problem
        9/29/2025Listed for rent$3,300$2/sqft
        Source: Zillow Rentals Report a problem
        8/23/2025Listed for sale$665,000$354/sqft
        Source: TBR #390253 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        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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        Climate risks

        Neighborhood: 32346

        Getting around

        7 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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