$1,175,000
UNDER CONTRACT $25K PRICE DROP

680 Alligator Dr Panacea, FL 32346

Estimated payment $6,867/month

Total Views 204,513
3 Beds
4 Baths
2,032 Sq Ft
$578 Price per Sq Ft

Highlights

  • Docks
  • Bay View
  • Open Floorplan
  • Boat Lift
  • Waterfront
  • Deck

About This Home

Stunning Bayfront Home on Alligator Harbor! Just minutes away from the beach! Step into luxury coastal living with this exquisite bayfront home, newly remodeled in 2024 with designer updates and high-end finishes. Featured in coastal-style, this home offers an open-concept layout, perfect for both entertaining and relaxation. From the moment you walk through the door, you're welcomed by soaring beamed vaulted ceilings and expansive windows that showcase breathtaking views of Alligator Harbor. 3/2.5 with 2021 appliances, 2020 water heater, 2024 mini-splits (4) set up for efficient air flow throughout home. 2015 metal roof with 2024 fastener replacement for optimum longevity. Fruit Trees surround property, boat dock with lift, tons of outdoor living space. 9500 Watt Generator. PLEASE SEE features page for additional information on this coastal gem. Don't miss the chance to fall in love with this beauty!

Listing Agent

Carmen Moloney

Forgotten Coast Realty Brokerage Email: 8505668975, cm2sellshomes@gmail.com License #3396368 Listed on: 01/16/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • Waterfront
  • Partially Fenced Property
  • Landscaped

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Family Room
  • Dining Area
  • Storage Room
  • Bay Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking
  • Golf Cart Parking

Outdoor Features

  • Boat Lift
  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3206S01W000000900000

Community Details

Overview

  • No Home Owners Association
  • Alligator Point Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1998 | Remodeled

Lot Details

0.54 Acres

Listing Details

  • Directions: US Hwy 98 to Alligator Drive, 2.7 miles, home on right.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Flat,Detached Single Family
  • Lot Size Acres: 0.54
  • Lot Size: 85 x 276
  • Road Surface Type: Paved
  • Subdivision Name: Alligator Point
  • Architectural Style: Florida
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Year Built: 1998
  • NAV22_Room4Name: Storage
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Dining Area
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room13Name: Deck
  • NAV22_Room2Name: Laundry
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Master Bath
  • NAV22_Room1Name: Family Room
  • NAV22_Room15Name: Front Porch
  • NAV22_Room5Name: Kitchen
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: UnderContract
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Convection Oven, Refrigerator w/Ice Maker, Electric Oven, Electric Water Heater
  • Furnished: Unfurnished
  • Interior Amenities: Open Floorplan, Breakfast Bar, Bookcases, Beamed Ceilings, Vaulted Ceiling(s), Storage, Kitchen Island, Recessed Lighting, Lock Out Closet, Newly Painted, Pantry, Renovated, Shelving, Walk-In Closet(s), Woodwork Painted
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Living Area: 2032
  • Window Features: Window Treatments, Double Pane Windows
  • Master Bedroom Features: Blinds, Walk-In Closet(s)
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower, Tile Counters

Exterior Features

  • Exterior Features: Boat Lift, Dock, Shore Natural
  • Lot Features: Landscaped, Boating Access, Flood Insurance Required, Level, Survey Available, Waterfront, Improved Lot
  • Other Structures: Storage
  • Roof: Metal
  • Fencing: Partial
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: Yes
  • Construction Type: Frame, HardiPlank Type, Wood Siding
  • Foundation Details: Pilings, Pillar/Post/Pier
  • Patio And Porch Features: Covered Porch, Front Porch, Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart-Covered, Under House With Pad
  • Total Parking Spaces: 10

Utilities

  • Cooling: Multi Units, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Multi Units, Wall Furnace
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Water Connected, Private Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Additional Parcels: No
  • Parcel #: 3206S01W000000900000
  • Zoning Description: Residential Single Family

Rental Info

  • Lease Term: Short Term Lease

3D Interior and Exterior Tours

Floorplan

Map

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Tax 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.

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 $4,978 $718,006 $375,360 $342,646
2024 $4,258 $582,038 $234,600 $347,438
2023 $3,948 $511,352 $234,600 $276,752
2021 $2,760 $252,479 $58,650 $193,829
2020 $2,813 $241,953 $58,650 $183,303
2019 $1,948 $224,790 $0 $0
2018 $2,014 $220,599 $0 $0
2017 $0 $216,062 $0 $0
2016 $2,744 $219,028 $0 $0
2015 $2,877 $229,028 $0 $0
2014 $2,878 $226,722 $0 $0
Source: Public Records

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 Prior Sale
08/06/2026 08/06/26 Sold $1,050,000 -10.6% $517 / Sq Ft View Prior Sale
06/03/2026 06/03/26 Price Changed $1,175,000 -2.1% $578 / Sq Ft
01/16/2026 01/16/26 For Sale $1,200,000 +380.0% $591 / Sq Ft
01/15/2020 01/15/20 Sold $250,000 -9.1% $123 / Sq Ft View Prior Sale
11/05/2019 11/05/19 Price Changed $275,000 -8.0% $135 / Sq Ft
10/12/2019 10/12/19 For Sale $299,000 -- $147 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Purchase 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 Type Sale Price Title Company
Warranty Deed $250,000 Attorney
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $458,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $305,000 New Conventional
Closed $164,206 VA
Closed $100,000 New Conventional
Closed $50,000 Seller Take Back
Source: Public Records

About the Listing Agent

Carmen Moloney

Forgotten Coast Realty

(850) 988-8874

Section Image

Carmen Mansfield is a fourth generation native of Tallahassee, Florida.  With both her maternal and paternal great grandparents choosing Tallahassee as a place to settle, she was raised appreciating the beauty that lies within this great city and surrounding communities.  Carmen is passionate about a lot of things.  Spending time with her family and friends, exercising and meditation, are among her favorite past times.  Close behind, and when she is not playing, she is focused on working

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Source: Forgotten Coast REALTOR® Association

MLS Number: 325068

Forgotten Coast REALTOR® Association

APN: 32-06S-01W-0000-0090-0000

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