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!
For sale
$319,000
31 Levy Bay Rd, Panacea, FL 32346
3beds
1,659sqft
Est.:
Single Family Residence
Built in 1963
0.61 Acres Lot
$301,600 Zestimate®
$192/sqft
$-- HOA
What's special
Modern finishesRenovated kitchenFull of coastal charmOutdoor kitchenThoughtfully updatedBright refreshed interiorSpacious lot
- 48 days |
- 605 |
- 50 |
Zillow last checked: 7 hours ago
Listing updated: February 21, 2026 at 10:11pm
Listed by:
Karen Ann Ward 850-509-2996,
Bluewater Realty Group,
Charlotte M Brown 850-508-8022,
Bluewater Realty Group
Source: TBR,MLS#: 396190
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
- Cumulative days on market: 48 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$301,600
$287,000 - $317,000
$2,145/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2026 | Listed for sale | $319,000+102.5%$192/sqft |
Source:  TBR #396190 Report a problem | ||
| 8/18/2022 | Sold | $157,500-20.9%$95/sqft |
Source: TBR #348249 Report a problem | ||
| 8/11/2022 | Contingent | $199,000$120/sqft |
Source:  Forgotten Coast Realtor Association #311470 Report a problem | ||
| 8/9/2022 | Price change | $199,000-5.2%$120/sqft |
Source: Forgotten Coast Realtor Association #311470 Report a problem | ||
| 7/8/2022 | Price change | $209,900-6.7%$127/sqft |
Source: Forgotten Coast Realtor Association #311470 Report a problem | ||
| 6/3/2022 | Price change | $225,000-10%$136/sqft |
Source: TBR #346987 Report a problem | ||
| 5/4/2022 | Listed for sale | $249,900+170.2%$151/sqft |
Source: TBR #345628 Report a problem | ||
| 12/20/2019 | Sold | $92,500-2.6%$56/sqft |
Source: TBR #304201 Report a problem | ||
| 11/15/2019 | Pending sale | $95,000$57/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 11/12/2019 | Price change | $95,000-4.5%$57/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 8/10/2019 | Price change | $99,500-8.7%$60/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 7/6/2019 | Price change | $109,000-12.8%$66/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 5/6/2019 | Price change | $125,000-3.1%$75/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 3/31/2019 | Listed for sale | $129,000+11.3%$78/sqft |
Source: Pro Players Realty USA #304201 Report a problem | ||
| 10/26/2012 | Listing removed | $115,900$70/sqft |
Source: CENTURY 21 Silver Coast Realty #225247 Report a problem | ||
| 5/6/2012 | Listed for sale | $115,900-57.9%$70/sqft |
Source: CENTURY 21 Silver Coast Realty #225247 Report a problem | ||
| 5/9/2008 | Listing removed | $275,000$166/sqft |
Source: Century 21 Report a problem | ||
| 2/1/2008 | Listed for sale | $275,000$166/sqft |
Source: NCI #175831 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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% |
| 2021 | $1,125 +6.7% | $94,615 +1.4% |
| 2020 | $1,054 | $93,309 +74.3% |
| 2019 | $1,054 +126% | $53,535 +1.9% |
| 2018 | $467 | $52,537 +2.1% |
| 2017 | $467 | $51,456 +2.1% |
| 2016 | $467 -0.8% | $50,398 +0.7% |
| 2015 | $470 | $50,048 +0.8% |
| 2014 | $470 | $49,651 +1.5% |
| 2013 | -- | $48,917 +1.7% |
| 2012 | -- | $48,099 +3% |
| 2011 | -- | $46,698 +1.5% |
| 2010 | -- | $46,008 +2.7% |
| 2009 | -- | $44,798 -3.7% |
| 2008 | -- | $46,511 +2.5% |
| 2007 | -- | $45,377 +3% |
| 2006 | -- | $44,055 +3% |
| 2005 | -- | $42,772 +3% |
| 2004 | -- | $41,526 +48.3% |
| 2003 | -- | $27,999 +2.4% |
| 2002 | -- | $27,343 +1.6% |
| 2001 | -- | $26,912 +2.7% |
| 2000 | -- | $26,204 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,908/mo
Principal & interest
$1552
Property taxes
$356
More affordability tools
Climate risks
Neighborhood: 32346
Nearby schools
GreatSchools rating
- 8/10Medart Elementary SchoolGrades: PK-5Distance: 4.3 mi
- 6/10Wakulla Middle SchoolGrades: 6-8Distance: 7.6 mi
- 5/10Wakulla High SchoolGrades: PK,9-12Distance: 6.2 mi
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.
Local experts in 32346
- Florida
- Wakulla County
- Panacea
- 32346
- 31 Levy Bay Rd
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