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For sale
  • $319,000

    31 Levy Bay Rd, Panacea, FL 32346

    3beds
    1,659sqft
    : 
    Single Family Residence
    Built in 1963
    0.61 Acres Lot
    $219,800 Zestimate®
    $192/sqft
    $-- HOA

    What's special

    Modern finishesRenovated kitchenFull of coastal charmOutdoor kitchenThoughtfully updatedBright refreshed interiorSpacious lot
    Your Chance to Own Your Happy Place on the Coast!! Welcome to 31 Levy Bay Road, a beautifully renovated 3-bedroom, 2-bath home set on a generous 0.61-acre lot (total of THREE lots!) in the heart of Panacea. Entering the home, you will be blown away by the beautiful tongue and groove ceilings with gorgeous natural light, you will find a thoughtfully updated and full of coastal charm, this property offers the ideal blend of comfort, style, and relaxed Florida living. Step inside to find a bright, refreshed interior featuring modern finishes, updated flooring, and a layout designed for easy everyday living. The renovated kitchen and bathrooms bring a clean, contemporary feel, while the open living spaces make the home feel warm and welcoming from the moment you walk in. Outside, the spacious lot gives you room to breathe—perfect for gardening, outdoor gatherings (complete with outdoor kitchen!), or simply enjoying the peaceful surroundings. With plenty of space for boats (covered areas included!), RVs, or future additions, the property offers flexibility to fit your lifestyle. Whether you're looking for a full-time residence, a coastal getaway, or an investment opportunity, this home delivers a rare chance to own your happy place just minutes from the Gulf, local seafood spots, and the natural beauty that makes Panacea so special. This home is in close proximity to boat landings and marinas, incredible restaurants and recreational spots that you will only find in the magical forgotten coast!
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    Zillow last checked: 8 hours ago

    Listing updated: February 15, 2026 at 06:57am

    Listed by:

    Karen Ann Ward 850-509-2996,

    Bluewater Realty Group,

    Charlotte M Brown 850-508-8022,

    Bluewater Realty Group

    Source: TBR,MLS#: 396190MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Screened Porch
    Primary bedroom
    • Dimensions: 12x17
    Bedroom 2
    • Dimensions: 12x12
    Bedroom 3
    • Dimensions: 12x12
    Dining room
    • Dimensions: 11x15
    Family room
    • Dimensions: 0x0
    Kitchen
    • Dimensions: 12x17
    Living room
    • Dimensions: 12x23
    Heating
    • Central, Electric, Wood, Wood Stove
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Cooktop, Dishwasher, Oven, Refrigerator
    Features
    • Tray Ceiling(s), Garden Tub/Roman Tub, High Ceilings, Stall Shower, Vaulted Ceiling(s), Window Treatments
    • Flooring: Terrazzo
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,659
    • Total interior livable area: 1,659 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Three or more Spaces
    • Carport spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Patio, Porch, Screened
    • Exterior features: Outdoor Kitchen
    • Fencing: Partial
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.61 Acres
    Details
    • Parcel number: 12129255S02W04603401000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Foundation: Slab
    Condition
    • Year built: 1963

    Community & HOA

    Community
    • Subdivision: AQUA DE VIDA
    Location
    • Region: Panacea

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $173,152
    • Annual tax amount: $2,744
    • Date on market: 2/15/2026
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $219,800

    $198,000 - $244,000

    $1,415/mo

    Price history

    Price history
    DateEventPrice
    2/15/2026Listed for sale$319,000+102.5%$192/sqft
    Source: TBR #396190 Report a problem
    8/18/2022Sold$157,500-20.9%$95/sqft
    Source: TBR #348249 Report a problem
    8/11/2022Contingent$199,000$120/sqft
    Source: Forgotten Coast Realtor Association #311470 Report a problem
    8/9/2022Price change$199,000-5.2%$120/sqft
    Source: Forgotten Coast Realtor Association #311470 Report a problem
    7/8/2022Price change$209,900-6.7%$127/sqft
    Source: Forgotten Coast Realtor Association #311470 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,471 +16.5%$137,651 +10%
    2023$2,122 +87.5%$125,137 +30.1%
    2022$1,131 +0.6%$96,203 +1.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,960/mo
    Principal & interest
    $1492
    Property taxes
    $356
    Home insurance
    $112

      Climate risks

      Neighborhood: 32346

      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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