NOT LISTED FOR SALE

248 Otter Lake Rd Panacea, FL 32346

5 Beds
4 Baths
2,487 Sq Ft
0.77 Acre Lot

Sale Details

Date Sold: February 21, 2025

Last sale price $120,000 $48 Per Sq Ft

157 Days on Market

Highlights

  • No HOA
  • Circular Driveway
  • Wood Siding

About This Home

As of February 2025

ATTENTION INVESTORS, SELLER IS MOTIVATED, BRING ALL OFFERS!! This listing features a duplex, a single apartment, a laundry room, an extra lot plus a 2/1 house to rehab and bring back to life on 5 lots in Panacea Park. All under one parent parcel so new parcel ID will need to be assigned. Two additional lots available (listed separately)

Last Agent to Sell the Property

Johnson Team

Core on the Coast, LLC Brokerage Phone: 8506702673 License #3448243 Listed on: 08/16/2024

Last Buyer's Agent

Chelsey Hough

Keller Williams Town and Country License #3375884

Keller Williams Town and Country

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 33,759 Sq Ft Lot
  • Lot Dimensions are 250 x 135

Home Design

  • 2,487 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Circular Driveway
  • Open Parking

Additional Features

  • Electric Oven
  • Well

Community Details

  • No Home Owners Association
  • Panacea Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235S02W09502895000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.77 Acres

Listing Details

  • Directions: From Coastal Highway take Otter Lake Road to intersection corner of Westview street.
  • Prop. Type: Residential
  • Property Sub Type: Duplex,Detached Single Family
  • Lot Size Acres: 0.775
  • Lot Size: 250 x 135
  • Road Frontage Type: City Street
  • Subdivision Name: Panacea Park
  • Architectural Style: See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1950
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Oven
  • Furnished: Unfurnished
  • Interior Amenities: See Remarks
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 2487

Exterior Features

  • Lot Features: See Remarks
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Wood Siding
  • Foundation Details: Slab
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected, County Trash
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 33759
  • Additional Parcels: No
  • Parcel #: 235S02W09502895000
  • Zoning Description: Mobile Home,Residential Single Family
  • ResoLotSizeUnits: SquareFeet
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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
02/21/2025 02/21/25 Sold $120,000 -22.6% $48 / Sq Ft
12/23/2024 12/23/24 Price Changed $155,000 -6.1% $62 / Sq Ft
12/04/2024 12/04/24 Price Changed $165,000 -7.8% $66 / Sq Ft
09/30/2024 09/30/24 Price Changed $179,000 -10.1% $72 / Sq Ft
08/16/2024 08/16/24 For Sale $199,000 -- $80 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 318436

Forgotten Coast REALTOR® Association
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