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For sale
  • $1,945,000

    1667 Alligator Dr, Panacea, FL 32346

    3beds
    3,146sqft
    : 
    Single Family Residence
    Built in 1956
    0.66 Acres Lot
    $1,866,600 Zestimate®
    $618/sqft
    $-- HOA

    What's special

    Multigenerational livingCustom millworkCustom cabinetryMultiple covered porchesDirect gulf frontageSweeping water viewsScreened porch
    Blending modern updates with timeless coastal charm, this home is truly move-in ready. A rare opportunity to own direct Gulf frontage on Florida’s Forgotten Coast, natural beauty, and small-town tranquility create the ultimate coastal lifestyle. he details of this old Florida style coastal retreat has been thoughtfully updated from top to bottom—no surface left untouched. Nestled on a private lot directly on the Gulf of Mexico, the home offers rare sweeping water views from its spacious living area, gazebo, screened porch, deck, and multiple covered porches creating an unparalleled setting for relaxation and entertaining. A gated circular drive welcomes you to the property, complete with an oversized 2.car detached carport. Inside, the home is designed for comfort and flexibility, making it perfect for multigenerational living or guests. The downstairs level features a full 2BR/2BA suite with its own living room and kitchen, opening onto both a covered porch and a screened porch for effortless indoor-outdoor living. Upstairs, the living and dining space spans the entire level with spectacular views. You will love the custom millwork throughout featuring pecky cypress wood framing all of the windows, tongue and grove wall and ceiling detail, bead-board and so much more. The luxury owners suite offers a view of the bay, double walk in closets, double vanity and custom cabinetry. This is a must see home!
    5 days
    on Zillow
    |
    532
    |
    24
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2025 at 10:51am

    Listed by:

    Katherine Searcy 850-766-1444,

    The Naumann Group Real Estate

    Source: TBR,MLS#: 390020MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1667 Alligator Dr.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Office, Other, Screened Porch, Utility Room
    Primary bedroom
    • Dimensions: 13x13
    Bedroom 2
    • Dimensions: 12x17
    Bedroom 3
    • Dimensions: 12x14
    Dining room
    • Dimensions: 15x15
    Family room
    • Dimensions: 27x31
    Kitchen
    • Dimensions: 12x12
    Living room
    • Dimensions: 12x36
    Other
    • Dimensions: 12x17
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator
    Features
    • High Ceilings, Stall Shower, Window Treatments, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Engineered Hardwood, Tile
    • Has fireplace: No
    • Fireplace features: Electric
    Interior area
    • Total structure area: 3,146
    • Total interior livable area: 3,146 sqft

    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: Sprinkler/Irrigation
    • Has view: Yes
    • View description: Bay, Gulf
    • Has water view: Yes
    • Water view: Bay,Gulf
    • Waterfront features: Gulf
    Lot
    • Size: 0.66 Acres
    Details
    • Parcel number: 120370307S02W101000000590
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Two Story,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Fiber Cement, Concrete, Stucco
    • Foundation: Slab
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Subdivision: ALLIGATOR POINT
    Location
    • Region: Panacea

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $758,941
    • Annual tax amount: $8,202
    • Date on market: 8/15/2025
    • Listing terms: Cash,Conventional,1031 Exchange,FHA
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