PRICE REDUCED!!! Fully Furnished Beach Home – Your Coastal Escape Awaits! Looking for a hassle-free vacation home or a smart investment property? This charming, fully furnished beach home offers a turnkey opportunity for out-of-state buyers seeking a slice of coastal paradise. Located on a generous 0.41-acre lot between the stunning Gulf of Mexico and Alligator Harbor, this property provides breathtaking ocean views and a peaceful, low-maintenance lifestyle. Key Features: * Move-in ready 2-bedroom, 2-bath home furnished for your convenience * Built in 1999, well-maintained and ready for immediate enjoyment * Enclosed screened porch perfect for soaking in panoramic ocean vistas * Spacious yard with plenty of room for boat and RV parking, including 50-amp service for RV hookups * Large work shed ideal for storing fishing gear, water toys, or outdoor equipment * Convenient access to multiple nearby boat ramps, making water excursions effortless * Surrounded by lush palms and pines, creating a tropical, inviting ambiance Investment & Lifestyle Highlights: * Prime location between the Gulf of Mexico and Alligator Harbor—perfect for fishing, boating, and water sports * An ideal property for vacation rentals, offering excellent rental income potential * Low-maintenance, turnkey home—perfect for out-of-state owners seeking a hassle-free investment Close to local amenities and outdoor recreation, ensuring year-round enjoyment Seize this incredible opportunity to own a piece of coastal paradise without the stress of extensive upkeep. Whether you’re seeking a personal retreat or an income-generating property, this home is ready to welcome you. RECENT 4 Pt and Wind Mitigation done!!! PRIVATE BEACH FRONT ACROSS THE STREET IS ALSO AVAILABLE FOR SALE
For sale
Price cut: $47K (7/25)
$450,000
1268 Alligator Dr, Panacea, FL 32346
2beds
1,092sqft
Est.:
Single Family Residence
Built in 1999
0.41 Acres Lot
$413,500 Zestimate®
$412/sqft
$-- HOA
What's special
Spacious yardPanoramic ocean vistasBreathtaking ocean viewsEnclosed screened porchBoat and rv parking
- 96 days
- on Zillow |
- 1,608 |
- 63 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 10:23am
Listed by:
Armand G Reyes 631-988-1903,
Timber & Tides Real Estate
Source: TBR,MLS#: 385529

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Screened Porch, Utility Room
Primary bedroom
- Dimensions: 13x13
Bedroom 2
- Dimensions: 13x10
Dining room
- Dimensions: 13x9
Family room
- Dimensions: 13x15
Kitchen
- Dimensions: 13x6
Living room
- Dimensions: 13x15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Features
- Tray Ceiling(s), High Ceilings, Vaulted Ceiling(s), Split Bedrooms
- Flooring: Engineered Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
Property
Parking
- Parking features: Parking Space(s)
Features
- Stories: 1
- Patio & porch: Covered, Deck, Porch, Screened
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Size: 0.41 Acres
- Dimensions: 93 x 210 x 90 x 200
Details
- Parcel number: 120370607S01W1041000F0020
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,One Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Features: Street Lights
- Subdivision: Penn Point
Location
- Region: Panacea
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $272,661
- Annual tax amount: $3,017
- Date on market: 5/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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