NOT LISTED FOR SALE

1667 Alligator Dr Panacea, FL 32346

Estimated Value: $1,692,843

3 Beds
3.5 Baths
3,146 Sq Ft
$538/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2025

Last sale price $1,795,000 $571 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,015 / mo

55 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • Bonus Room
  • Bay View
  • Traditional Architecture
  • High Ceiling

About This Home

As of October 2025

Blending modern updates with timeless coastal charm, this home is truly move-in ready. A rare opportunity to own direct Gulf frontage on Florida’s Forgotten Coast, natural beauty, and small-town tranquility create the ultimate coastal lifestyle. he details of this old Florida style coastal retreat has been thoughtfully updated from top to bottom—no surface left untouched. Nestled on a private lot directly on the Gulf of Mexico, the home offers rare sweeping water views from its spacious living area, gazebo, screened porch, deck, and multiple covered porches creating an unparalleled setting for relaxation and entertaining. A gated circular drive welcomes you to the property, complete with an oversized 2.car detached carport. Inside, the home is designed for comfort and flexibility, making it perfect for multigenerational living or guests. The downstairs level features a full 2BR/2BA suite with its own living room and kitchen, opening onto both a covered porch and a screened porch for effortless indoor-outdoor living. Upstairs, the living and dining space spans the entire level with spectacular views. You will love the custom millwork throughout featuring pecky cypress wood framing all of the windows, tongue and grove wall and ceiling detail, bead-board and so much more. The luxury owners suite offers a view of the bay, double walk in closets, double vanity and custom cabinetry. This is a must see home!

Last Agent to Sell the Property

Katherine Hansli Searcy

The Naumann Group Real Estate License #3269756 Listed on: 08/15/2025

The Naumann Group Real Estate

Last Buyer's Agent

Debbie Brett

Keller Williams Town & Country License #3294336

Keller Williams Town & Country
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,202

Year Built

  • Built in 1956

Lot Details

  • 28,750 Sq Ft Lot
  • Property fronts gulf or ocean
  • Sprinkler System

Parking

  • 2 Carport Spaces

Property Views

  • Bay
  • Gulf

Home Design

  • Traditional Architecture
  • Cottage
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Electric Fireplace
  • Window Treatments
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Alligator Point Subdivision
  • Office

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 12037-03-07S-02W-1010-0000-0590

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,202

Year Built

Built in 1956

Lot Details

0.66 Acres

Listing Details

  • Waterfront: Yes
  • Year Built: 1956
  • Directions: Highway 98 to R Alligator Drive on the left past Marina
  • Elementary School: OTHER COUNTY
  • High School: Franklin County High School
  • PropertySubType: Detached
  • PropertyType: Residential
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator
  • Subdivision Name: ALLIGATOR POINT
  • Owner Name: Roberts
  • Architectural Style: Cottage, Two Story, Traditional
  • General Property Information:Bathrooms Half: 1
  • Bedrooms: 3
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: Yes
  • ResoFireplaceFeatures: Electric
  • Fireplace: No
  • Reso Interior Features: High Ceilings, Stall Shower, Window Treatments, Primary Downstairs, Split Bedrooms, Upper Level Primary, Walk-In Closet(s)
  • Reso Parking Features: Carport, Two Spaces
  • Reso Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Property Attached Yn: No
  • Reso Room Type: Bonus Room, Office, Other, Screened Porch, Utility Room
  • Building Stories: 2
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Engineered Hardwood, Tile
  • Full Bathrooms: 3
  • Living Area: 3146.0

Exterior Features

  • View: Bay, Gulf
  • Acres: 0.66
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Gulf
  • Home Warranty: No
  • Construction Materials: Block, Fiber Cement, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Franklin County Middle School

Lot Info

  • Parcel Number: 12037-03-07S-02W-1010-0000-0590

Tax Info

  • Tax Annual Amount: 8202.0
  • Tax Block: 0
  • Tax Lot: 59

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
10/27/2025 10/27/25 Sold $1,795,000 -7.7% $571 / Sq Ft
10/09/2025 10/09/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $1,945,000 +140.9% $618 / Sq Ft
06/24/2022 06/24/22 Sold $807,500 -14.9% $254 / Sq Ft View Prior Sale
06/19/2022 06/19/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $949,000 +66.5% $298 / Sq Ft
06/22/2016 06/22/16 Sold $570,000 -4.8% $261 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $599,000 -- $274 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Agents Affiliated with this Home

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Map

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

MLS Number: 390020

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

APN: 03-07S-02W-1010-0000-0590

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