Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street right off the Gulf, offering a laid-back environment on a beautiful 0.47 acre lot. The interior boasts exposed brick that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos. This home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!
For sale
Price cut: $10K (5/21)
$465,000
40 Pompano Dr, Panacea, FL 32346
3beds
1,560sqft
Single Family Residence
Built in 1965
0.47 Acres Lot
$437,700 Zestimate®
$298/sqft
$-- HOA
What's special
Canal front coastal retreatQuiet street
- 86 days |
- 407 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Hunter Bowden 850-728-2172,
Keller Williams Town & Country
Source: TBR,MLS#: 398561
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Dimensions: 16x18
Bedroom 2
- Dimensions: 10x12
Bedroom 3
- Dimensions: 8x12
Dining room
- Dimensions: 9x11
Family room
- Dimensions: 15x25
Kitchen
- Dimensions: 12x14
Living room
- Dimensions: 10x11
Heating
- Central, Electric, Wood
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
Features
- Garden Tub/Roman Tub, Other, Stall Shower, Window Treatments, Split Bedrooms
- Flooring: Laminate, Tile
- Has fireplace: Yes
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Spaces
- Carport spaces: 2
Features
- Patio & porch: Covered, Porch
- Has view: Yes
- View description: Bay, Canal
- Has water view: Yes
- Water view: Bay,Canal
- Waterfront features: Canal Access
Lot
- Size: 0.47 Acres
- Dimensions: 70 x 130 x 70 x 130
Details
- Parcel number: 12129076S01W02804774000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Panacea Shores
Location
- Region: Panacea
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $367,310
- Annual tax amount: $4,629
- Date on market: 4/13/2026
- Cumulative days on market: 88 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$437,700
$416,000 - $460,000
$2,002/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $465,000-2.1%$298/sqft |
Source:  TBR #398561 Report a problem | ||
| 4/13/2026 | Listed for sale | $475,000-0.8%$304/sqft |
Source: TBR #398561 Report a problem | ||
| 3/20/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/25/2026 | Listed for sale | $479,000-2.2%$307/sqft |
Source: Owner Report a problem | ||
| 9/27/2025 | Listing removed | $490,000$314/sqft |
Source: TBR #384777 Report a problem | ||
| 6/28/2025 | Price change | $490,000-1.5%$314/sqft |
Source: TBR #384777 Report a problem | ||
| 5/19/2025 | Price change | $497,500-1.5%$319/sqft |
Source: TBR #384777 Report a problem | ||
| 4/19/2025 | Listed for sale | $505,000+19.7%$324/sqft |
Source: TBR #384777 Report a problem | ||
| 8/10/2023 | Sold | $422,000+5.8%$271/sqft |
Source: TBR #351133 Report a problem | ||
| 7/14/2023 | Contingent | $399,000$256/sqft |
Source: TBR #351133 Report a problem | ||
| 6/15/2023 | Listed for sale | $399,000$256/sqft |
Source: TBR #351133 Report a problem | ||
| 6/9/2023 | Contingent | $399,000$256/sqft |
Source: TBR #351133 Report a problem | ||
| 4/6/2023 | Price change | $399,000-9.1%$256/sqft |
Source: TBR #351133 Report a problem | ||
| 11/24/2022 | Price change | $439,000-2.2%$281/sqft |
Source: TBR #351133 Report a problem | ||
| 9/19/2022 | Price change | $449,000-7.4%$288/sqft |
Source: TBR #351133 Report a problem | ||
| 9/7/2022 | Listed for sale | $485,000+94.8%$311/sqft |
Source: TBR #350704 Report a problem | ||
| 5/17/2021 | Sold | $249,000$160/sqft |
Source: TBR #323051 Report a problem | ||
| 4/12/2021 | Contingent | $249,000$160/sqft |
Source: TBR #323051 Report a problem | ||
| 9/4/2020 | Listed for sale | $249,000+15.8%$160/sqft |
Source: Harbor Point Realty (AP) #323051 Report a problem | ||
| 7/27/2004 | Sold | $215,000+115%$138/sqft |
Source: Public Record Report a problem | ||
| 8/9/2001 | Sold | $100,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,380 +5.9% | $367,310 +5.4% |
| 2024 | $5,081 +34.7% | $348,481 +40.1% |
| 2023 | $3,771 +4.4% | $248,758 +5.2% |
| 2022 | $3,613 +193.7% | $236,420 +131.6% |
| 2021 | $1,230 +6.3% | $102,073 +1.4% |
| 2020 | $1,157 | $100,664 +2.3% |
| 2019 | $1,157 +4.1% | $98,401 +1.9% |
| 2018 | $1,112 | $96,566 +2.1% |
| 2017 | $1,112 | $94,580 +2.1% |
| 2016 | $1,112 -4.3% | $92,635 +0.7% |
| 2015 | $1,162 | $91,991 +0.8% |
| 2014 | $1,162 | $91,261 -15.8% |
| 2013 | -- | $108,349 +1.7% |
| 2012 | -- | $106,538 +3% |
| 2011 | -- | $103,435 +1.5% |
| 2010 | -- | $101,906 +2.7% |
| 2009 | -- | $99,227 +0.1% |
| 2008 | -- | $99,128 +2.5% |
| 2007 | -- | $96,704 +0% |
| 2006 | -- | $96,659 +6.7% |
| 2005 | -- | $90,605 +3.7% |
| 2004 | -- | $87,355 +1.4% |
| 2003 | -- | $86,110 +0.9% |
| 2002 | -- | $85,354 +9.5% |
| 2001 | -- | $77,933 +35.5% |
| 2000 | -- | $57,516 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 8/10Medart Elementary SchoolGrades: PK-5Distance: 7.2 mi
- 6/10Wakulla Middle SchoolGrades: 6-8Distance: 10.3 mi
- 6/10Wakulla High SchoolGrades: PK,9-12Distance: 8.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Wakulla County
- Panacea
- 32346
- 40 Pompano Dr
Nearby cities
Nearby zip codes
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