NOT LISTED FOR SALE

1667 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $1,641,000 - $1,862,000

3 Beds
3.5 Baths
3,146 Sq Ft
$558/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2025

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

Est. 2% decrease in value since last sale

Current estimated payment $10,149 / mo

55 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 0.66 Acre Lot
  • Traditional Architecture
  • Bay View
  • Deck
  • Bonus Room

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

John Zadakis

Century 21 First Story License #3168090 Listed on: 08/15/2025

Last Buyer's Agent

Jennifer Oester

All Realty Services License #3271317

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, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2025
Closed on
Oct 24, 2025
Sold by
Roberts Charles W and Myers Ann
Bought by
Torres Raul and Torres Jennifer L
Seller's Agent
John Zadakis
Century 21 First Story
Buyer's Agent
Jennifer Oester
All Realty Services
List Price
$1,945,000
Sold Price
$1,795,000
Premium/Discount to List
-$150,000
-7.71%
Views
28
Current Estimated Value
$1,754,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,512
Avg. Annual Appreciation
-4.22%
Original Mortgage
$897,500
Outstanding Balance
$896,657
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$857,831

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 22, 2022
Sold by
Albritton and Kathryn
Bought by
Roberts Charles W and Roberts Myers Ann
Buyer's Agent
John Zadakis
Century 21 First Story
List Price
$949,000
Sold Price
$807,500
Premium/Discount to List
-$141,500
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.93%

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 21, 2016
Sold by
Hinchee Robert Eric and Hinchee Kathleen Jensen
Bought by
Albritton Adrien and Albritton Kathryn H
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Altman Shirley K and Etc Willers
Bought by
Hinchee Robert E and Hinchee Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Raul $1,795,000 Wakulla Title
Roberts Charles W $807,500 Smith W Crit
Roberts Charles W $807,500 Smith W Crit
Albritton Adrien $570,000 Wakulla Title Company Inc
Hinchee Robert E $350,000 Wakulla Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Raul $897,500
Previous Owner Hinchee Robert E $280,000
Source: Public Records

Property History

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®)

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 $9,394 $970,936 $686,760 $284,176
2024 $8,202 $758,941 $472,148 $286,793
2023 $7,778 $686,243 $457,840 $228,403
2021 $7,644 $617,844 $457,840 $160,004
2020 $7,781 $608,789 $457,840 $150,949
2019 $7,179 $528,745 $429,225 $99,520
2018 $6,913 $476,816 $0 $0
2017 $6,343 $433,893 $0 $0
2016 $4,568 $350,532 $0 $0
2015 $4,577 $348,095 $0 $0
2014 $4,627 $348,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    John Zadakis

    Century 21 First Story

  • J

    Buyer's Agent in 2025

    Jennifer Oester

    All Realty Services

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember Office

See All Agents

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

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1667 Alligator Dr, Panacea, FL

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