$220,000

18 Suwannee Ave Panacea, FL 32346

Estimated payment $1,255/month

Total Views 842
2 Beds
2 Baths
932 Sq Ft
$236 Price per Sq Ft

Highlights

  • Hot Property
  • Cottage
  • Wood Siding
  • Deck
  • Cooling Available
  • Vinyl Flooring

About This Home

Welcome to this beautifully remodeled 2-bedroom, 2-bath cottage-style home in the heart of Panacea, FL — a true gem for vacation rental potential or a fisherman’s getaway. Perfectly positioned near Dickerson and Levy Bay, this home offers quick access to some of North Florida’s best fishing waters. You’ll love being within walking distance to local restaurants, Rock Landing Marina, and all the charm of Panacea’s golf cart–friendly community. Inside, you’ll enjoy peace of mind with a wonderfully remodeled interior featuring modern updates and coastal character, while outside you’ll find a 50-amp breaker for your camper, public water and sewer, and the security of a recently updated roof. Whether you’re looking for an Airbnb investment, a weekend retreat, or your own coastal escape, this cottage delivers convenience, lifestyle, and income potential in one of the Forgotten Coast’s most welcoming communities.

Listing Agent

Shadrach Hines

Bluewater Realty Group License #3562957 Listed on: 08/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Dirt Road

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Washer

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Aqua De Vida Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / E
  • Assessor Parcel Number 12129-25-5S-02W-046-03356-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$795

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Waterfront: No
  • Year Built: 1956
  • Directions: S. on Hwy 319, R on Hwy 98 to Panacea. L. on Levy Bay. Suwannee property on Left.
  • Elementary School: MEDART
  • High School: WAKULLA
  • PropertySubType: Detached
  • PropertyType: Residential
  • ResoRoadSurfaceType: Unimproved
  • Appliances: Dryer, Dishwasher, Ice Maker, Oven, Range, Refrigerator, Washer
  • Subdivision Name: Aqua De Vida
  • Architectural Style: Cottage, One Story
  • Bedrooms: 2
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Interior Features: Split Bedrooms
  • Reso Parking Features: Parking Space(s)
  • Reso Patio And Porch Features: Deck
  • Property Attached Yn: No
  • Building Stories: 1
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Plank, Vinyl
  • Full Bathrooms: 2
  • Living Area: 932.0

Exterior Features

  • View: None
  • Acres: 0.17
  • Pool Private: No
  • View: No
  • Home Warranty: No
  • Construction Materials: Wood Siding

Utilities

  • Heating: Ductless
  • Cooling: Ductless
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: WAKULLA

Lot Info

  • Parcel Number: 12129-25-5S-02W-046-03356-000

Tax Info

  • Tax Block: E
  • Tax Lot: 23

Map

Range of Values:

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Average Value
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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

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 $795 $47,907 -- --
2023 $777 $46,512 $0 $0
2022 $615 $42,142 $6,000 $36,142
2021 $605 $41,554 $0 $0
2020 $546 $41,087 $6,000 $35,087
2019 $944 $43,596 $6,000 $37,596
2018 $894 $39,991 $6,000 $33,991
2017 $874 $37,984 $0 $0
2016 $866 $36,889 $0 $0
2015 $888 $36,537 $0 $0
2014 $888 $35,679 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 For Sale $220,000 +129.2% $236 / Sq Ft
05/17/2019 05/17/19 Sold $96,000 -3.0% $103 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $99,000 +98.0% $106 / Sq Ft
07/10/2015 07/10/15 Sold $50,000 -28.6% $54 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
07/09/2014 07/09/14 For Sale $70,000 -- $75 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $96,000 Wakulla Title Company Inc
Warranty Deed $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,200 New Conventional
Previous Owner $30,000 Seller Take Back
Source: Public Records

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

MLS Number: 390483

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

APN: 25-5S-02W-046-03356-000