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For sale
    • Price cut: $15K (8/12)
    $199,999

    18 Suwannee Ave, Panacea, FL 32346

    2beds
    932sqft
    : 
    $1,295/mo
    Get pre-qualified
    Single Family Residence
    Built in 1956
    7,405 Square Feet Lot
    $190,600 Zestimate®
    $215/sqft
    $-- HOA

    What's special

    Welcome to this beautifully remodeled 2-bedroom, 2-bath cottage-style home in the heart of Panacea, FL — a true gem for vacation rental potential or a fisherman’s getaway. Perfectly positioned near Dickerson and Levy Bay, this home offers quick access to some of North Florida’s best fishing waters. You’ll love being within walking distance to local restaurants, Rock Landing Marina, and all the charm of Panacea’s golf cart–friendly community. Inside, you’ll enjoy peace of mind with a wonderfully remodeled interior featuring modern updates and coastal character, while outside you’ll find a 50-amp breaker for your camper, public water and sewer, and the security of a recently updated roof. Whether you’re looking for an Airbnb investment, a weekend retreat, or your own coastal escape, this cottage delivers convenience, lifestyle, and income potential in one of the Forgotten Coast’s most welcoming communities.
    2 days
    |
    280
    |
    17
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shadrach Hines 850-328-9851,

    Bluewater Realty Group

    Source: TBR,MLS#: 403574MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Dimensions: 13x13
      Bedroom 2
      • Dimensions: 11x10
      Dining room
      • Dimensions: 0x0
      Family room
      • Dimensions: 0x0
      Kitchen
      • Dimensions: 0x0
      Living room
      • Dimensions: 23x15
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Dryer, Dishwasher, Ice Maker, Oven, Range, Refrigerator, Washer
      Features
      • Split Bedrooms
      • Flooring: Plank, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 932
      • Total interior livable area: 932 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Space(s)
      Features
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: 12129255S02W04603356000
      • 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: 1956

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Aqua De Vida
      Location
      • Region: Panacea

      Financial & listing details

      • Price per square foot: $215/sqft
      • Tax assessed value: $70,432
      • Annual tax amount: $712
      • Date on market: 8/12/2026
      • Cumulative days on market: 118 days
      • Listing terms: Cash,Conventional
      • Road surface type: Unimproved

        Estimated market value

        $190,600

        $181,000 - $200,000

        $1,496/mo

        Price history

        DateEventPrice
        8/12/2026Price change$199,999-7%$215/sqft
        Source: TBR #403574 Report a problem
        6/15/2026Price change$215,000-2.3%$231/sqft
        Source: TBR #398815 Report a problem
        4/19/2026Listed for sale$220,000+2.3%$236/sqft
        Source: TBR #398815 Report a problem
        11/5/2025Listing removed$214,999$231/sqft
        Source: TBR #390483 Report a problem
        9/18/2025Price change$214,999-2.3%$231/sqft
        Source: TBR #390483 Report a problem
        8/30/2025Listed for sale$220,000+129.2%$236/sqft
        Source: TBR #390483 Report a problem
        5/17/2019Sold$96,000-3%$103/sqft
        Source: TBR #304781 Report a problem
        5/8/2019Pending sale$99,000$106/sqft
        Source: Lott Properties, LLC #304781 Report a problem
        4/27/2019Listed for sale$99,000$106/sqft
        Source: Lott Properties, LLC #304781 Report a problem
        4/24/2019Pending sale$99,000$106/sqft
        Source: Lott Properties, LLC #304781 Report a problem
        4/5/2019Listed for sale$99,000+98%$106/sqft
        Source: Lott Properties, LLC #304781 Report a problem
        8/23/2018Listing removed$1,000$1/sqft
        Source: Lott Properties, LLC Report a problem
        8/5/2018Listed for rent$1,000$1/sqft
        Source: Lott Properties, LLC #297074 Report a problem
        7/10/2015Sold$50,000-23.1%$54/sqft
        Source: TBR #248125 Report a problem
        6/19/2015Pending sale$65,000$70/sqft
        Source: Bluewater Realty Group #248125 Report a problem
        6/1/2015Listed for sale$65,000-7%$70/sqft
        Source: Bluewater Realty Group #248125 Report a problem
        1/26/2013Listing removed$69,900$75/sqft
        Source: Bluewater Realty Group #229731 Report a problem
        7/20/2012Listed for sale$69,900$75/sqft
        Source: Ochlockonee Bay Realty, Inc. #227201 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$712 -10.4%$42,638 -11%
        2024$795 +2.2%$47,907 +3%
        2023$777 +26.4%$46,512 +10.4%
        2022$615 +1.6%$42,142 +1.4%
        2021$605 +10.8%$41,554 +1.1%
        2020$546 $41,087 -5.8%
        2019$546 -37.5%$43,596 +9%
        2018$874 $39,991 +5.3%
        2017$874 $37,984 +3%
        2016$874 -1.6%$36,889 +1%
        2015$888 $36,537 +2.4%
        2014$888 $35,679 -5.4%
        2013-- $37,704 -5%
        2012-- $39,695 -1.3%
        2011-- $40,227 -10.1%
        2010-- $44,727 -3.4%
        2009-- $46,291 -8.1%
        2008-- $50,352 -1.1%
        2007-- $50,889 -2%
        2006-- $51,946 +21.6%
        2005-- $42,724 +31.6%
        2004-- $32,465 +56.5%
        2003-- $20,743 -1.4%
        2002-- $21,027 -1.7%
        2001-- $21,397 +29.7%
        2000-- $16,502
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32346

        Getting around

        16 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        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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