1669 Alligator Dr Panacea, FL 32346
Saint Teresa-Alligator Point NeighborhoodEstimated payment $7,438/month
Highlights
- Property fronts gulf or ocean
- Bay View
- Deck
- Access to Bay or Harbor
- 0.88 Acre Lot
- Vaulted Ceiling
About This Home
Taking Back Up Offers! Step back in time and soak up the coastal charm of this beautifully preserved 1950s beach cottage, perfectly nestled along Florida’s “Forgotten Coast.” Privately situated on a rare beach-to-bay lot almost to the end of Alligator Point, this property offers the best of both worlds — white-sand beaches on one side and a bay front parcel ready for your dream boat dock on the other. Relax on the expansive screened porch as you listen to the soothing sounds of the surf, watch the dolphins play, spend the day playing in the sand, OR hop on your boat for a quick ride to Dog Island, Ochlockonee Shoals, Turkey Point, or Dog Island Reef. The Alligator Point Marina and Tiki Hut are just a short walk away, adding convenience and a touch of local fun to your days on the coast. Inside, this delightful cottage exudes character and warmth, with exposed wood beams, gleaming hardwood floors, and breathtaking water views from nearly every window. The inviting open-concept living area features a spacious family room, dining area, and kitchen—perfect for gathering after a day in the sun. A thoughtful split-bedroom layout provides privacy and comfort for guests and family alike. Whether you’re searching for a weekend retreat, a vacation rental, or a place to slow down and enjoy coastal living year-round, this one-of-a-kind beach cottage is sure to steal your heart.
Listing Agent
The Naumann Group Real Estate License #3269756 Listed on: 10/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,138
Year Built
- Built in 1957
Lot Details
- 0.88 Acre Lot
- Property fronts gulf or ocean
Parking
- Driveway
Property Views
- Bay
- Gulf
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- 1,388 Sq Ft Home
- 1-Story Property
- Tray Ceiling
- Vaulted Ceiling
- Window Treatments
- Screened Porch
- Utility Room
- Washer
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Access to Bay or Harbor
- Deck
- Screened Patio
Utilities
- Central Heating and Cooling System
Community Details
- Alligator Point Sub Subdivision
Listing and Financial Details
- Tax Lot 60
- Assessor Parcel Number 12037-03-07S-02W-1010-0000-0600
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,763 | $540,370 | $421,375 | $118,995 |
| 2024 | $8,138 | $750,398 | $630,128 | $120,270 |
| 2023 | $7,968 | $703,198 | $611,988 | $91,210 |
| 2021 | $8,542 | $691,319 | $611,988 | $79,331 |
| 2020 | $8,804 | $692,121 | $611,988 | $80,133 |
| 2019 | $8,580 | $683,598 | $607,850 | $75,748 |
| 2018 | $7,929 | $560,524 | $0 | $0 |
| 2017 | $7,169 | $493,239 | $0 | $0 |
| 2016 | $6,511 | $445,398 | $0 | $0 |
| 2015 | $6,151 | $416,303 | $0 | $0 |
| 2014 | $6,215 | $417,035 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $1,289,000 | 0.0% | $929 / Sq Ft |
| 12/02/2025 12/02/25 | Pending | -- | -- | -- |
| 10/29/2025 10/29/25 | For Sale | $1,289,000 | -- | $929 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 392708
APN: 03-07S-02W-1010-0000-0600
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