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For sale
    • $579,000

    88 River Dr, Panacea, FL 32346

    3beds
    1,767sqft
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    Single Family Residence
    Built in 1981
    8,276 Square Feet Lot
    $537,900 Zestimate®
    $328/sqft
    $-- HOA

    What's special

    Welcome to 88 River Drive in Panacea, Florida—a charming coastal property where relaxed living meets the beauty of Florida's Forgotten Coast. Whether you're looking for a full-time residence, a weekend retreat, or an investment opportunity, this home offers the perfect setting to enjoy the laid-back waterfront lifestyle. Located just minutes from boat ramps, marinas, fishing, and some of the area's best seafood restaurants, you'll have easy access to everything that makes Panacea such a desirable destination. Spend your days boating, fishing, kayaking, or exploring nearby beaches and nature preserves, then return home to unwind in the peaceful surroundings. The property offers a comfortable layout with inviting living spaces, making it ideal for entertaining family and friends or simply enjoying quiet evenings at home. With its convenient location near the Gulf Coast and easy access to Crawfordville and Tallahassee, this home combines small-town charm with everyday convenience. If you've been searching for an affordable slice of Florida's coastal lifestyle, 88 River Drive is ready to welcome you home. New roof in 2025, Mini splits added 5 years ago, new windows in the downstairs area of the home. New stove (2025) New refrigerator (2024), New dishwasher (2022).
    10 days
    |
    929
    |
    68
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine N Lewis 904-615-4991,

    Waypoint Properties

    Source: TBR,MLS#: 402122MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch
      Primary bedroom
      • Dimensions: 18X16
      Bedroom 2
      • Dimensions: 15X11
      Bedroom 3
      • Dimensions: 14X10
      Dining room
      • Dimensions: 8X6
      Family room
      • Dimensions: 0
      Kitchen
      • Dimensions: 12X10
      Living room
      • Dimensions: 23X18
      Cooling
      • Ductless
      Appliances
      • Included: Dryer, Dishwasher, Ice Maker, Oven, Range, Refrigerator, Washer
      Features
      • Other, Upper Level Primary
      • Flooring: Carpet, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,767
      • Total interior livable area: 1,767 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Two Spaces
      • Carport spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Covered, Deck, Patio, Porch, Screened
      • Exterior features: Fully Fenced
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay Access
      Lot
      • Size: 8,276 Square Feet
      Details
      • Parcel number: 036S02W03603839000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      Condition
      • Year built: 1981

      Community & HOA

      Community
      • Subdivision: RIVER BEND
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $328/sqft
      • Tax assessed value: $360,217
      • Annual tax amount: $4,391
      • Date on market: 7/1/2026
      • Cumulative days on market: 17 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Unimproved

        Estimated market value

        $537,900

        $511,000 - $565,000

        $2,207/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$579,000+50.4%$328/sqft
        Source: TBR #402122 Report a problem
        5/27/2021Sold$385,000+2.7%$218/sqft
        Source: TBR #331508 Report a problem
        4/30/2021Contingent$375,000$212/sqft
        Source: TBR #331508 Report a problem
        4/28/2021Listed for sale$375,000-29.6%$212/sqft
        Source: TBR #331508 Report a problem
        4/7/2004Sold$533,000$302/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,391 +3.9%$338,474 +2.9%
        2024$4,225 -23%$328,935 -22.1%
        2023$5,489 +13.9%$422,338 +30.4%
        2022$4,817 +15.1%$323,827 +40.9%
        2021$4,185 +7.3%$229,758 +10%
        2020$3,901 $208,871 -31.6%
        2019$3,901 +41.9%$305,166 +75.6%
        2018$2,750 $173,764 +3.7%
        2017$2,750 $167,615 +1.5%
        2016$2,750 -7.4%$165,161 +0.6%
        2015$2,969 $164,106 -1%
        2014$2,969 $165,695 -1%
        2013-- $167,326 -3.6%
        2012-- $173,640 -0.3%
        2011-- $174,166 -31.5%
        2010-- $254,166 -11.5%
        2009-- $287,212 -0.3%
        2008-- $288,194 +2.5%
        2007-- $281,165 +3%
        2006-- $272,976 -39.4%
        2005-- $450,544 +314.4%
        2004-- $108,724 +5.9%
        2003-- $102,699 +2.4%
        2002-- $100,292 +1.6%
        2001-- $98,713 +2.7%
        2000-- $96,118
        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.
        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

        0 / 100
        Car-Dependent
        31 / 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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        A local lender can help you make sure your offer is ready when you are.

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