40 Pompano Dr Panacea, FL 32346
Estimated payment $3,056/month
Total Views
8,790
3
Beds
2
Baths
1,560
Sq Ft
$314
Price per Sq Ft
Highlights
- Bay View
- Canal Access
- Covered Patio or Porch
- Waterfront
- Cottage
- Fireplace
About This Home
Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street just minutes from the Gulf, offering laid-back vibes on a beautiful 0.47 acre lot. Whether you're looking for a peaceful weekend escape or a full-time waterfront haven, 40 Pompano Drive delivers. The interior boasts an exposed brick interior that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos, this home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 1965
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 70x130x70x130
- Waterfront
Parking
- 2 Carport Spaces
Property Views
- Bay
- Canal
Home Design
- Cottage
- Brick Exterior Construction
Interior Spaces
- 1,560 Sq Ft Home
- Fireplace
- Window Treatments
- Washer
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Garden Bath
Outdoor Features
- Canal Access
- Covered Patio or Porch
Schools
- Medart Elementary School
- Wakulla Middle School
- Wakulla High School
Utilities
- Central Heating and Cooling System
Community Details
- Panacea Shores Subdivision
Listing and Financial Details
- Tax Lot 17,18
- Assessor Parcel Number 12129-07-6S-01W-028-04774-000
Map
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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 |
|---|---|---|---|---|
| 2024 | $3,771 | $348,481 | $83,200 | $265,281 |
| 2023 | $3,771 | $248,758 | $83,200 | $165,558 |
| 2022 | $3,613 | $236,420 | $83,200 | $153,220 |
| 2021 | $1,230 | $102,073 | $0 | $0 |
| 2020 | $1,157 | $100,664 | $0 | $0 |
| 2019 | $1,146 | $98,401 | $0 | $0 |
| 2018 | $1,126 | $96,566 | $0 | $0 |
| 2017 | $1,112 | $94,580 | $0 | $0 |
| 2016 | $1,128 | $92,635 | $0 | $0 |
| 2015 | $1,162 | $91,991 | $0 | $0 |
| 2014 | $1,182 | $91,261 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Price Changed | $490,000 | -1.5% | $314 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $497,500 | -1.5% | $319 / Sq Ft |
| 04/19/2025 04/19/25 | For Sale | $505,000 | +19.7% | $324 / Sq Ft |
| 08/10/2023 08/10/23 | Sold | $422,000 | +5.8% | $271 / Sq Ft |
| 04/06/2023 04/06/23 | Price Changed | $399,000 | -9.1% | $256 / Sq Ft |
| 11/24/2022 11/24/22 | Price Changed | $439,000 | -2.2% | $281 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $449,000 | +80.3% | $288 / Sq Ft |
| 05/17/2021 05/17/21 | Sold | $249,000 | 0.0% | $196 / Sq Ft |
| 09/04/2020 09/04/20 | For Sale | $249,000 | -- | $196 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $422,000 | Wakulla Title | |
| Warranty Deed | $430,000 | Wakulla Title Company Inc | |
| Warranty Deed | $215,000 | Woodlands Title Company Inc | |
| Warranty Deed | $100,000 | Stewart Title Tallahassee In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $241,500 | Credit Line Revolving | |
| Previous Owner | $100,000 | Seller Take Back | |
| Previous Owner | $50,000 | Seller Take Back |
Source: Public Records
Similar Homes in Panacea, FL
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 384777
APN: 07-6S-01W-028-04774-000
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