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For sale
  • Price cut: $47K (7/25)
    $450,000

    1268 Alligator Dr, Panacea, FL 32346

    2beds
    1,092sqft
    : 
    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
    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
    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#: 385529MLS Logo
    Travel times

    Tour with a buyer's agent

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    Next available tour time:Today at 11am

    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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