NOT LISTED FOR SALE

1387 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $1,102,972 - $1,204,000

3 Beds
2 Baths
1,643 Sq Ft
$700/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $1,100,000 $670 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,022/month

26 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Open Floorplan
  • Traditional Architecture
  • 1.21 Acre Lot
  • Deck
  • Engineered Wood Flooring

About This Home

As of July 2023

This gorgeous beachfront home on 1.21 high elevation acres sits on one of the largest lots in all of Alligator Point. With 85' of private beach, this home will quickly become your happy place. Step inside and the first thing you notice about this fully renovated home is the incredible ocean views from the wide-open floor plan. Updated chef's kitchen features an oversized island, quartzite countertops, induction cooktop, beverage refrigerator and stainless appliances. The living room leads to a stunning screened in porch perfect for taking in all those breath-taking sunsets. Owner's suite features a luxurious, completely renovated en-suite bath. Bedrooms 2 and 3 share a jack and jill style bath. Wrap around decking completes the upstairs. Downstairs is a screened porch with fish cleaning station, a large built-in workshop and tons of storage. This home also boasts a BRAND-NEW Metal Roof on both the Home and the Bonus Gazebo.

Last Agent to Sell the Property

Malissa Henning

EXP Realty, LLC License #3367115 Listed on: 05/13/2023

EXP Realty, LLC

Last Buyer's Agent

NON MEMBER

Tallahassee Board of REALTORS®

Tallahassee Board of REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 1.21 Acre Lot
  • Property fronts gulf or ocean

Parking

  • 3 Carport Spaces

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,643 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Great Room
  • Engineered Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Air
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Septic Tank

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / Q
  • Assessor Parcel Number 12037-01-07S-02W-1044-000Q-0080

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 8
  • Miscellaneous: Deck, Shower Stall, Some Wind Treatments, Septic Tank
  • Road Frontage Type: Paved, Sidewalks
  • Sold Price Per Sq Ft: 669.51
  • Style Exterior: Traditional/Classical
  • Subdivision: Penn Point
  • Subdivision Unit: 4
  • Tax Database Id: 9
  • Tax Item Number: 01-07S-02W-1044-000Q-0080
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 05/13/2023
  • Street Designation: Drive
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1643
  • Year Built: 1983
  • Directions: 319 S to 98 to Left on Alligator Drive
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.381498
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Engineered Wood
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Floor Plan: Bedroom - Split Plan
  • Kitchen Dim: 15x12
  • Living Area Description: Great Room, Kitchen with Bar, Open Floor Plan
  • Master Bedroom Dim: 24x12

Exterior Features

  • Construction: Siding-Wood
  • Frontageview: Gulf Frontage
  • Number Of Acres: 1.21

Garage/Parking

  • Garage: Carport - 3+ Car

Utilities

  • Cooling: Central, Electric
  • Water Heater: 2+ Heaters, Electric, Gas, Tankless
  • Utility Provider: DUKE: Electric, OTH: Local to County

Lot Info

  • Lot Dimensions: 630x85x628x80
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-01-07S-02W-1044-000Q-0080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Jul 1, 2023
Sold by
Janco Michael G and Janco Lisa A
Bought by
Sachs Family Revocable Trust and Sachs
Seller's Agent
Malissa Henning
EXP Realty, LLC
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
82
Current Estimated Value
$1,149,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,993
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Janco Michael G and Janco Lisa A
Bought by
Janco Michael G and Janco Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2014
Closed on
Aug 25, 2015
Sold by
Weathers Gloria
Bought by
Janco Michael G and Janco Lisa A
Seller's Agent
Marsha Tucker
Keller Williams Town & Country
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$499,900
Sold Price
$436,650
Premium/Discount to List
-$63,250
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$349,320
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sachs Family Revocable Trust $100 None Listed On Document
Sachs Family Revocable Trust $1,100,000 None Listed On Document
Janco Michael G -- Accommodation
Janco Michael G $436,700 Wakulla Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janco Michael G $320,000
Previous Owner Janco Michael G $349,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $1,100,000 -8.3% $670 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,200,000 +174.8% $730 / Sq Ft
08/26/2015 08/26/15 Sold $436,650 -12.7% $266 / Sq Ft View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
02/19/2014 02/19/14 For Sale $499,900 -- $304 / 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
2025 $12,110 $1,247,356 $869,352 $378,004
2024 $10,596 $979,766 $597,680 $382,086
2023 $4,809 $461,578 $0 $0
2021 $4,926 $435,082 $0 $0
2020 $5,167 $429,075 $0 $0
2019 $5,207 $419,428 $0 $0
2018 $5,414 $411,607 $0 $0
2017 $5,326 $403,141 $0 $0
2016 $5,207 $394,849 $0 $0
2015 $5,039 $380,369 $0 $0
2014 $5,092 $381,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Malissa Henning

    Seller's Agent in 2023

    Malissa Henning

    EXP Realty, LLC

    (850) 524-4455

    4 in this area

    108 Total Sales

    Malissa Henning
    Section Image
  • Marsha Tucker

    Seller's Agent in 2015

    Marsha Tucker

    Keller Williams Town & Country

    (850) 570-9214

    15 in this area

    134 Total Sales

    Marsha Tucker
    Section Image
  • Josh Brown

    Buyer's Agent in 2015

    Josh Brown

    Waypoint Properties

    (850) 528-6385

    23 in this area

    247 Total Sales

    Josh Brown
    Section Image
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Map

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

MLS Number: 358706

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

APN: 01-07S-02W-1044-000Q-0080

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1387 Alligator Dr, Panacea, FL

Not Listed for Sale

Detached

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