NOT LISTED FOR SALE

1261 Alligator Dr Unit 1 Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $574,952 - $790,000

0.2 Acre
$3,506,190 Price per Acre
8,712 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $77,000 $77 Per Sq Ft

Est. 811% increase in value since last sale

Current estimated payment $4,109/month

183 Days on Market

About This Lot

As of January 2021

Vacant building lot with fantastic gulf frontage and view. There is extensive seawall damage from past hurricane in 2016.

Last Agent to Sell the Property

John Laney

The Brokerage License #3224411 Listed on: 06/11/2020

Last Buyer's Agent

Jessica Smith

Waypoint Properties License #3380337

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,621

Year Built

  • 2022

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts gulf or ocean
  • Partial filled lot needs fill
  • Cleared Lot

Interior Spaces

  • 1,000 Sq Ft Home
  • Gulf Views

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Gas Available
  • Septic Needed
  • Phone Available

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / C
  • Assessor Parcel Number 12037-06-07S-01W-1041-000C-0070

Property Details

Property Type

Land

Est. Annual Taxes

$1,621

Year Built

2022

Lot Details

0

Listing Details

  • Restrictions: Mobile Homes - No
  • Class: Lots And Land
  • Lot: 7
  • Subdivision: Recorded
  • Tax Database Id: 9
  • Tax Item Number: 06-07S-01W-1041-000C-0070
  • Type: Lots And Land
  • Category: Recreational/Coastal
  • Waterfront: Yes
  • L V T Date: 06/11/2020
  • Street Designation: Drive
  • Topography: Fill Needed
  • Comprehensive Land Use: Inside Urban Serv Area
  • Development Status: Finished Lots
  • Environmental: Conforming
  • List Price per Acre: 449500
  • Minimum House Size: 1000
  • Options: Will Not Divide
  • Road Surfacefrontage: Government Maint., Main Thoroughfare, Paved
  • Sold Per Acre: 385000
  • Utlities Available: Electricity, Gas, Public Water, Telephone
  • Directions: Hwy 319 to Hwy 98 to Alligator Drive
  • Elementary School: OTHER
  • Geo Longitude: -84.365495
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Frontage: Gulf
  • View: Gulf
  • Access: Maint - Govt., Paved
  • Number Of Acres: 0.2

Utilities

  • Water: Community System
  • Sewer: Septic Tank Required

Condo/Co-op/Association

  • Unit: 1

Schools

  • Middle School: Franklin County Middle School
  • High School: Franklin County High School

Lot Info

  • Lot Dimensions: 90x126
  • Lot Description: Acres-Less Than 1
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-06-07S-01W-1041-000C-0070
  • Annual Taxes: 1621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Williams Michael D and Bowman Tamika Nicole
Bought by
Bowman-Williams Living Trust and Williams
Total Days on Market
183
Current Estimated Value
$701,238

Purchase Details

Closed on
Oct 19, 2021
Sold by
Gator Won Llc
Bought by
Bowman Tamika Nicole and Williams Michael D

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jan 19, 2021
Sold by
Gator Won Llc
Bought by
Bowman Tamika Nicole and Williams Michael D
Seller's Agent
John Laney
The Brokerage
Buyer's Agent
Jessica Smith
Waypoint Properties
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.13%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Cobb Robert
Bought by
Gator Won Llc

Purchase Details

Closed on
Aug 1, 2016
Sold by
Cox Charles and Cox Carolyn A
Bought by
Cobb Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowman-Williams Living Trust -- None Listed On Document
Bowman Tamika Nicole -- Wakulla Title Company Inc
Bowman Tamika Nicole $77,000 Wakulla Title Company Inc
Gator Won Llc $33,000 Wakulla Title Company Inc
Cobb Robert $55,000 Wakulla Title Company Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $77,000 -14.3% $77 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $89,900 -- $90 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,656 $502,433 $145,184 $357,249
2023 $3,936 $343,075 $75,000 $268,075
2021 $1,627 $133,182 $133,182 $0
2020 $1,659 $133,182 $133,182 $0
2019 $1,621 $132,300 $132,300 $0
2018 $1,480 $105,840 $0 $0
2017 $1,333 $92,610 $0 $0
2016 $1,511 $104,895 $0 $0
2015 $1,443 $99,225 $0 $0
2014 $1,456 $99,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Laney

    Seller's Agent in 2021

    John Laney

    The Brokerage

    (850) 879-0168

    1 in this area

    30 Total Sales

    John Laney
    Section Image
  • Jessica Smith

    Buyer's Agent in 2021

    Jessica Smith

    Waypoint Properties

    (850) 597-1157

    17 in this area

    165 Total Sales

    Section Image
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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 319931

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 06-07S-01W-1041-000C-0070

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1261 Alligator Dr Unit 1, Panacea, FL

This home is located at 1261 Alligator Dr Unit 1, Panacea, FL 32346 since 11 June 2020 and is currently estimated at $701,238, approximately $701 per square foot. This property was built in 2022. 1261 Alligator Dr Unit 1 is a home located in Franklin County with nearby schools including Franklin County School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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