NOT LISTED FOR SALE

1462 Alligator Dr Panacea, FL 32346

Estimated Value: $538,547 - $615,000

3 Beds
2 Baths
1,344 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2025

Last sale price $515,000 $383 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,300 / mo

89 Days on Market

Highlights

  • Bay View
  • Bonus Room
  • Cottage
  • Deck
  • Screened Porch
  • Utility Room

About This Home

As of February 2025

Beautiful Coastal Cottage on uber popular Alligator Point. Relax and enjoy the Forgotten Coast in this 3 bedroom 2 bath fully-updated property. Bring the whole family as this home also has a spacious bunk room (16x16) and complete exterior bathroom. Enjoy the breeze from multiple outdoor spaces- screened porch, large sun deck or concrete patio. The exterior features all new Hardie board siding, new exterior paint, new Bahamian shutters, new Trex deck, new staircase, newer windows, new outdoor shower, extended concrete pad, new concrete retaining wall and new standing seam metal roof. Inside you will find a spacious, open living room and kitchen combination. The kitchen features new white, custom cabinets and a beautiful quartz countertop complete with large island and new custom banquette seating and kitchen table. The living room features built-in custom cabinets to house the television and all of your special coastal treasures. Both bathrooms have been completely updated. New LVP floors run throughout- no carpet in this beach house! The bonus room has been completely refinished with new lighting, floors and mini split AC. Under the house there are multiple storage rooms for all of the beach gear and a fish cleaning station. Plenty of parking. Very short walk to the beach and the bay! There are multiple boat ramps within a mile or two. Enjoy the new bike path to visit nearby friends or the Tiki Hut. Property is sitting along the highest level, NO damage from Hurricane Michael or Helene, water did not reach property.

Last Agent to Sell the Property

Katie Hosford

The Naumann Group Real Estate License #3382121 Listed on: 10/26/2024

The Naumann Group Real Estate

Last Buyer's Agent

Lindsay Pearson

Pearson Realty Inc. License #3156632

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1979

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Driveway

Property Views

  • Bay
  • Gulf

Home Design

  • Cottage

Interior Spaces

  • 1,344 Sq Ft Home
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Washer
  • Laminate Flooring

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Cooling Available

Community Details

  • Alligator Point Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 12037-01-07S-02W-1025-0000-0400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,896

Year Built

Built in 1979

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Waterfront: No
  • Year Built: 1979
  • Directions: Highway 98 S, left at Alligator Drive, house on corner of Seashell and Alligator Drive
  • Elementary School: OTHER COUNTY
  • High School: Franklin County High School
  • PropertySubType: Detached
  • PropertyType: Residential
  • Land Info Fencing: Partial
  • ResoRoadSurfaceType: Paved
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Stove, Washer
  • Subdivision Name: Alligator Point
  • Owner Name: Thomas D Hosford & Collee
  • Architectural Style: Cottage
  • Bedrooms: 3
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Interior Features: Stall Shower
  • Reso Parking Features: Driveway
  • Reso Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Property Attached Yn: No
  • Reso Room Type: Bonus Room, Screened Porch, Utility Room
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Full Bathrooms: 2
  • Living Area: 1344.0

Exterior Features

  • View: Bay, Gulf
  • Acres: 0.18
  • Pool Private: No
  • View: Yes
  • Home Warranty: No
  • Construction Materials: Fiber Cement

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes

Schools

  • Middle Or Junior School: Franklin County Middle School

Lot Info

  • Parcel Number: 12037-01-07S-02W-1025-0000-0400

Tax Info

  • Tax Annual Amount: 1896.0
  • Tax Block: -
  • Tax Lot: 40

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Feb 7, 2025
Sold by
Bought by
Seller's Agent
Katie Hosford
The Naumann Group Real Estate
Buyer's Agent
Lindsay Pearson
Pearson Realty Inc.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
38
Current Estimated Value
$572,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,637
Avg. Annual Appreciation
7.13%
Original Mortgage
$386,250
Outstanding Balance
$380,803
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$191,834

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 8, 2019
Sold by
Bought by
Buyer's Agent
Nick Hague NMLS#404632
Servis First Bank
List Price
$260,000
Sold Price
$253,000
Premium/Discount to List
-$7,000
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$202,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 12, 2017
Sold by
Bought by
Buyer's Agent
Molly Hall
Premier Fine Homes
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$191,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Bought by

Purchase Details

Closed on
May 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2005
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 Hayward Title Group
$253,000 Owen Title Company Inc
$225,000 Tallahassee Title Group Llc
$285,000 Attorney
$430,000 --
$430,000 North State Title Services I
$430,000 North State Title Services I
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $386,250
Previous Owner $202,400
Previous Owner $191,250
Previous Owner $150,000
Previous Owner $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $515,000 -1.9% $383 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
10/26/2024 10/26/24 For Sale $525,000 +107.5% $391 / Sq Ft
03/08/2019 03/08/19 Sold $253,000 -2.7% $188 / Sq Ft View Prior Sale
02/04/2019 02/04/19 For Sale $260,000 +15.6% $193 / Sq Ft
05/19/2017 05/19/17 Sold $225,000 -- $167 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,910 $213,468
2024 $1,886 $207,452
2023 $1,897 $201,410 $0 $0
2021 $2,752 $217,454 $31,500 $185,954
2020 $2,958 $219,871 $31,500 $188,371
2019 $2,222 $208,938 $26,775 $182,163
2018 $2,096 $180,379 $0 $0
2017 $1,546 $100,752 $0 $0
2016 $2,656 $177,777 $0 $0
2015 $2,681 $177,777 $0 $0
2014 $2,714 $178,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Hosford Real Estate Agent - The Naumann Group

    Seller's Agent in 2025

    Katie Hosford

    The Naumann Group

    (850) 510-6137

    69 Total Sales

    Katie Hosford
    Section Image
  • Lindsay Pearson Real Estate Agent - Pearson Realty Inc.

    Buyer's Agent in 2025

    Lindsay Pearson

    Pearson Realty Inc.

    (850) 510-8029

    380 Total Sales

    Lindsay Pearson
    Section Image

  • N

    Buyer's Agent in 2019

    Nick Hague NMLS#404632

    Servis First Bank

  • M

    Buyer's Agent in 2017

    Molly Hall

    Premier Fine Homes

See All Agents

Map

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

MLS Number: 378437

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

APN: 01-07S-02W-1025-0000-0400

Florida Franklin County Panacea 32346

1462 Alligator Dr, Panacea, FL

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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