$759,444Average Value$456Average Price per Sq Ft30Homes For Sale
Saint Teresa-Alligator Point is surrounded by state parks and forests
Florida’s Forgotten Coast is a largely undeveloped shoreline, home to state parks, nature reserves and rural beach communities like Saint Teresa-Alligator Point. Longtime local Paul Parker, broker-owner of Harbor Point Realty and Vacation Rentals, says the neighborhood features three distinct residential pockets: Alligator Point, Bald Point and St. Teresa. “Alligator Point is the most populated,” he says. “But even that’s very small. There’s no commercial development except for a marina. We’re surrounded by state parks and forests; it’s mainly an outdoor eco-tourism area.” The neighborhood comprises the eastern edge of Franklin County, one of the state’s smallest counties by population. Approximately 80% of it is publicly owned, undeveloped land. “So, the county’s got quite a buffer from overdevelopment,” Parker says. “Didn’t even get its first stoplight until about 10 years ago.”
Neighborhood deeds reveal a rich military history
Parker says that deeds in this neighborhood reveal an interesting history. In 1962, Camp Gordon Johnston was established to train U.S. infantry in amphibious operations, preparing for D-Day. Officials decommissioned the camp after the war, having trained around 250,000 soldiers. The land was transferred back to private ownership. “Some friends of mine remember the soldiers moving into their house and moving their furniture out,” Parker says. “Momentos wash up on the beach all the time. We have buckets full of .50 caliber machine gun shells.” For preserved relics, the Camp Gordon Johnston Museum is in Carrabelle, around half an hour away.
Waterfront properties feature private docks and vintage cottages
Prices here span a broad range. Inland properties run between the mid $300,000s and around $600,000. This includes new construction houses in SummerCamp Beach, a gated, HOA-managed subdivision in St. Teresa. Midsized waterfront properties cost between $700,000 and $1.1 million, including Alligator Point’s vintage midcentury beach cottages. Big beachfront houses can run as high as $3 million. Flood insurance is required to secure federally backed mortgages in this coastal community, vulnerable to hurricanes. In 2018, Hurricane Michael caused significant damage. Residents should be aware that hurricane season starts in June and ends at the end of November. Evacuation routes and zones are provided by the county.
Wakulla County offers closer school options than Franklin County
Saint Teresa-Alligator Point is served by the Franklin County School District and zoned for Franklin County School, graded C on Niche. The K-12 school is in Eastpoint, almost 40 miles away. For something closer, Parker says parents can apply to the Wakulla County School District, which serves nearby Crawfordville. “Most of our families are more connected to Crawfordville, which has become a bedroom community for Tallahassee,” he says. “People are typically working north of the community and not west of it, so they can drop kids off on the way to work instead of having them ride the bus an hour in the other direction.” Medart Elementary, graded B-minus, is just over 15 miles north; Wakulla Middle, graded B-plus, and Wakulla High, graded B, are closer to 20 miles north.
Beaches at Alligator Point and Bald Point State Park
Alligator Point is surrounded by water on the south side of the neighborhood. The narrow peninsula sits between Alligator Harbor and the Gulf of Mexico. Parker says its beaches are dog-friendly and offer beautiful sunset views, but parking spaces are limited, especially on weekends. “We recommend visitors go to Bald Point State Park, where there’s beach access with more parking, bathrooms and showers,” he says. Bald Point State Park sprawls across almost 5,000 acres on the community’s north and east sides. “The beach faces east, so you get sunrise views, so you get a beautiful sunrise, not a sunset.” The park’s northern shores open up to the Ochlockonee Bay, where the dark water Ochlockonee River meets the gulf. Visitors can fish from the pier or the surf. Hiking and birdwatching are also popular.
Dining options and essential shopping near Saint Teresa-Alligator Point
Just across the Ochlockonee Bay, the family-owned Angelo’s Seafood Restaurant serves a Greek-inspired menu and has open-air, bayfront seating on its dock. Up the road, about 5 or so miles from Saint Teresa-Alligator Point, Tropical Shrimp Trader Company is another local seafood spot with a laid-back vibe. Panacea has a couple of waterfront restaurants and shops nearby, but for most errand runs, Parker says residents head to Crawfordville, about 25 miles north. The town’s main road is lined with convenient chains like CVS, Publix and Walmart.
Key highways connect Saint Teresa-Alligator Point to Tallahassee
U.S. Route 98, the neighborhood’s only throughway, is a straight westbound shot to Carrabelle, which has the nearest medical facilities. However, for 24-hour emergency care, the closest option is HCA Florida Southwood Emergency in Tallahassee, almost 50 miles away. U.S. 98 intersects U.S. Route 319, about 20 miles north of Saint Teresa-Alligator Point. The highway connects to Downtown Tallahassee, 45 miles away, and Tallahassee International Airport, 40 miles away.
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Saint Teresa-Alligator Point Demographics and Home Trends
On average, homes in Saint Teresa-Alligator Point, Panacea sell after 88 days on the market compared to the national average of 52 days. The median sale price for homes in Saint Teresa-Alligator Point, Panacea over the last 12 months is $655,000, up 32% from the median home sale price over the previous 12 months.
Stunning home on the beach on Alligator Point. A must see. This home is very unique with a lot of extras. Views are incredible. Quiet and refreshing. Porch is ideal place to have coffee in the morning and watch the Dolphins or have wine/cocktails in the evening and watch the sunset. Great location! Close to lots and lots of amenities. This one won’t last long. New AC approximately 18 months ago.
2 level lots totaling .34 acres close to Ochlockonee Bay and Gulf of Mexico. Each lot is $29.000.00 Permitted for residential and mobile home okay. Enjoy a slower pace of life, perfect for those seeking relaxation, with activities like fishing, boating, and kayaking nearby.
Priced under latest 1.1 million appraisal. Don’t miss this one-of-a-kind property for nature lovers. Enjoy the “Old Florida” life at this secluded luxury home, in gated neighborhood, with wildlife sanctuary views from EVERY window. Surrounded by a tidal estuary, sunsets are evenly matched by beautiful sunrises. Launch a kayak into the canal that leads to Alligator Bay, fish off private community
Come and relax at this adorable A-Frame house on the most popular Alligator Point. With a canal frontage and bay view you can't go wrong! This stunning home features all new countertops, cabinets, flooring, appliances, paint, sea wall, and so much more! Come home from a day on the boat and tie your boat up to the dock and then enjoy a bonfire ten feet away! Come make the best memories at the Good
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