NOT LISTED FOR SALE

1657 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $831,560 - $1,018,000

2 Beds
2 Baths
1,654 Sq Ft
$559/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $850,000 $514 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,724/month

Highlights

  • Property fronts gulf or ocean
  • Sitting Area In Primary Bedroom
  • Curved or Spiral Staircase
  • Resort Property
  • 0.53 Acre Lot
  • Deck

About This Home

As of April 2024

Alligator Point Beach house located just a few houses west of the marina, this 1654 sqft 2 bedroom 2 bath beach home features a loft with 4 additional beds and entertainment area, over 1900 sqft total. Lot features a half acre with 100 feet of white sand beach frontage and the beach is over 150 feet deep here and continuing to get bigger every year. Facing Southwest towards dog island the sunset views from this home are second to none. Used as a part time vacation rental it has averaged almost $80,000 in rental income each of the last 3 years and 2024 already has numerous bookings. Gulfside Master bedroom with sunroom, second bedroom with its own bath, large living room with vaulted ceilings and tons of windows makes this home bright, airy, and gives it that perfect Alligator Point Beach home feel. When your done taking in a panoramic sunrise, hop over to the marina and spend the day out on the water exploring and fishing or spend the day on the most private section of beach at the point, and then finish it up with a sunset you wont be able to forget.

Last Agent to Sell the Property

Josh Brown

Waypoint Properties Brokerage Phone: 8509269100 License #3029165 Listed on: 02/08/2024

Last Buyer's Agent

Josh Brown

Waypoint Properties Brokerage Phone: 8509269100 License #3029165 Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,380

Year Built

  • Built in 1974

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100 x 234 x 100 x 225
  • Property fronts gulf or ocean

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,654 Sq Ft Home
  • Furniture Can Be Negotiated
  • Curved or Spiral Staircase
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Loft
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Resort Property
  • Alligator Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0307S02W101000000540

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,380

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Attribution Contact: 8509269100
  • Directions: Hwy 98 South to Alligator Point Rd past marina on left
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.53
  • Lot Size: 100 x 234 x 100 x 225
  • Road Frontage Type: County Road
  • Subdivision Name: Alligator Point
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1974
  • NAV22_Room4Name: Master Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room3Name: Dining Area
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Loft
  • NAV22_Room1Name: Living Room
  • NAV22_Room5Name: Additional Bedroom
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Cooktop, Dishwasher, Oven, Refrigerator
  • Furnished: Negotiable
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Stairs Spiral, Walls Wainscoting
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1654
  • Window Features: Drapery Rods, Window Treatments
  • Master Bedroom Features: Sitting Area

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Patio And Porch Features: Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House With Pad
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Internet Available, Water Available, County Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Additional Parcels: No
  • Parcel #: 0307S02W101000000540
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6380

Multi Family

  • Annual Gross Income: 67000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 10, 2024
Sold by
Kathy And Henry Romersa Fcfp Living Trus and Romersa Kathy W
Bought by
Michael M Johnston Trust and Johnston
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Views
40
Current Estimated Value
$942,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,178
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jul 24, 2013
Sold by
Romersa Kathy W and Romersa Henry J
Bought by
Romersa Kathy W and Romersa Henry J

Purchase Details

Closed on
Sep 10, 2001
Sold by
Carolyn Jackson
Bought by
Tanglewood Limited Ptnr

Purchase Details

Closed on
Oct 16, 2000
Sold by
Phipps John E and Phipps Colin
Bought by
Carolyn Jackson

Purchase Details

Closed on
Apr 28, 2000
Sold by
Alligator Point Marina Inc
Bought by
Phipps Elinor K
Source: Public Records

Range of Values:

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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
Michael M Johnston Trust $850,000 Wakulla Title
Romersa Kathy W -- None Available
Tanglewood Limited Ptnr $250,000 --
Carolyn Jackson $250,000 --
Phipps Elinor K $310,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $850,000 -14.6% $514 / Sq Ft
02/08/2024 02/08/24 For Sale $995,000 -- $602 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $6,779 $635,895 $377,850 $258,045
2023 $6,364 $559,912 $366,400 $193,512
2021 $6,603 $532,657 $366,400 $166,257
2020 $6,751 $533,760 $366,400 $167,360
2019 $6,297 $476,026 $343,500 $132,526
2018 $5,944 $409,055 $0 $0
2017 $5,490 $374,705 $0 $0
2016 $5,106 $347,808 $0 $0
2015 $4,988 $336,358 $0 $0
2014 $5,044 $337,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Brown

    Seller's Agent in 2024

    Josh Brown

    Waypoint Properties

    (850) 528-6385

    24 in this area

    263 Total Sales

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 316477

Forgotten Coast REALTOR® Association

APN: 03-07S-02W-1010-0000-0540

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1657 Alligator Dr, Panacea, FL

This home is located at 1657 Alligator Dr, Panacea, FL 32346 since 08 February 2024 and is currently estimated at $924,390, approximately $558 per square foot. This property was built in 1974. 1657 Alligator Dr 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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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