1659 Alligator Dr Panacea, FL 32346
Saint Teresa-Alligator Point NeighborhoodEstimated payment $5,753/month
Highlights
- Property fronts gulf or ocean
- Deck
- Wood Flooring
- Bay View
- Vaulted Ceiling
- Sun or Florida Room
About This Home
Welcome to one of the most desirable beachfront locations on Alligator Point. Nestled along a quiet stretch of shoreline with minimal drive-through traffic, this property offers the privacy, natural beauty, and authentic Old Florida charm that make the Forgotten Coast so special. Just 350 feet from Alligator Point Marina and approximately one-third mile from the Alligator Harbor Aquatic Preserve, this exceptional location provides effortless access to boating, fishing, kayaking, birdwatching, and miles of protected natural coastline. Step outside and enjoy peaceful walks along sugar-white sand beaches, breathtaking sunsets, and the relaxed pace that has made Alligator Point one of North Florida's best-kept secrets. Offered fully furnished and move-in ready, the home is designed to embrace its spectacular surroundings with an open floor plan, vaulted ceilings, expansive windows, and wraparound porches that capture panoramic Gulf views and coastal breezes from nearly every angle. An outdoor shower and enclosed storage provide added convenience after a day spent on the beach or on the water. Whether you're seeking a primary residence, vacation retreat, or investment opportunity, this is a rare opportunity to own a piece of Old Florida in one of Alligator Point's most coveted settings, where pristine beaches, natural beauty, privacy, and unforgettable waterfront living take center stage.
Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Lot Details
- 23,522 Sq Ft Lot
- Property fronts gulf or ocean
Parking
- 2 Carport Spaces
Property Views
- Bay
- Gulf
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- 1,904 Sq Ft Home
- 1-Story Property
- Tray Ceiling
- Vaulted Ceiling
- Sun or Florida Room
- Utility Room
- Washer
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Schools
- Franklin County Middle School
- Franklin County High School
Additional Features
- Deck
- Central Heating and Cooling System
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,702 | $389,368 | ||
| 2024 | $3,664 | $378,395 | ||
| 2023 | $3,755 | $367,374 | $0 | $0 |
| 2022 | $3,736 | $356,674 | $0 | $0 |
| 2021 | $3,841 | $346,285 | $0 | $0 |
| 2020 | $4,027 | $341,504 | $0 | $0 |
| 2019 | $4,055 | $333,826 | $0 | $0 |
| 2018 | $4,213 | $327,602 | $0 | $0 |
| 2017 | $4,142 | $320,864 | $0 | $0 |
| 2016 | $4,046 | $314,264 | $0 | $0 |
| 2015 | $4,053 | $312,079 | $0 | $0 |
| 2014 | $4,097 | $312,792 | $0 | $0 |
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 |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | For Sale | $999,000 | -- | $525 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 398106
APN: 03-07S-02W-1010-0000-0550
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Ask me questions while you tour the home.