Seller's Agent in 2025
Shadrach Hines
Bluewater Realty Group
(850) 328-9851
34 Total Sales
70 Harrison St Panacea, FL 32346
2
Beds
2
Baths
1,768
Sq Ft
1
Acres
Highlights
- Traditional Architecture
- Central Air
- Wood Siding
- Fireplace
- 2 Car Garage
- Carpet
About This Home
As of May 2025Investor special in coastal Panacea! This 2 bed, 2 bath home offers 1,768 square feet of living space and sits on a spacious one-acre lot just minutes from the beautiful waters of Ochlockonee Bay. With great bones and lots of potential, a little TLC could turn this into a stunning primary residence, vacation retreat, or rental investment. The property features a two-car attached garage plus a separate poured-concrete garage with its own power—ideal for boat storage, a workshop, or additional utility space. Located in the heart of Panacea, a historic fishing village known for its laid-back charm and access to some of North Florida’s best fishing and boating, this home is close to local seafood restaurants, multiple marinas, and endless outdoor recreation. Enjoy the natural beauty of the Gulf Coast, soak in breathtaking sunsets over the bay, and take advantage of the small-town feel with big-time coastal appeal. This is a great opportunity to invest in one of Wakulla County’s hidden gems.
Last Agent to Sell the Property
Bluewater Realty Group License #3562957 Listed on: 05/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,398
Year Built
- Built in 1985
Lot Details
- 1 Acre Lot
- Dirt Road
Parking
- 2 Car Garage
- 1 Carport Space
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 1,768 Sq Ft Home
- Fireplace
Kitchen
- Oven
- Range
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Schools
- Medart Elementary School
- Wakulla Middle School
- Wakulla High School
Utilities
- Central Air
Community Details
- Magnolia Ridge Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / A
- Assessor Parcel Number 12129-26-5S-02W-160-03550-A09
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2025
Closed on
May 22, 2025
Sold by
Schmitt Jane M
Bought by
Phs Wakulla Investments Llc
Seller's Agent
Shadrach Hines
Bluewater Realty Group
Buyer's Agent
Karen Ann Ward
Bluewater Realty Group
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,583
Avg. Annual Appreciation
13.47%
Purchase Details
Closed on
May 3, 2023
Sold by
Schlueter Gregory B
Bought by
Schmitt Jang M
Purchase Details
Closed on
Feb 10, 2003
Sold by
Suber Bradley D and Suber Tracy D
Bought by
Majestic Homes & Development Inc
Purchase Details
Closed on
Jun 7, 2002
Sold by
Bank Of New York
Bought by
Schlueter Gregory B
Purchase Details
Closed on
Oct 2, 2001
Sold by
Churchwell William Richard
Bought by
Bank Of New York
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | Wakulla Title | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $25,000 | -- | |
| Special Warranty Deed | $92,500 | Landsafe Title Of Florida In | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $155,000 | -3.1% | $88 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $160,000 | -- | $90 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Tax History Compared to Growth
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 | $1,398 | $111,123 | -- | -- |
| 2023 | $1,360 | $107,886 | $0 | $0 |
| 2022 | $1,249 | $104,744 | $0 | $0 |
| 2021 | $1,225 | $101,693 | $0 | $0 |
| 2020 | $1,152 | $100,289 | $0 | $0 |
| 2019 | $1,088 | $94,376 | $0 | $0 |
| 2018 | $1,069 | $92,616 | $0 | $0 |
| 2017 | $1,056 | $90,711 | $0 | $0 |
| 2016 | $1,068 | $88,845 | $0 | $0 |
| 2015 | $1,100 | $88,227 | $0 | $0 |
| 2014 | $1,218 | $93,333 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shadrach Hines
-
Karen Ann Ward
Buyer's Agent in 2025
Karen Ann Ward
Bluewater Realty Group
(850) 509-2996
145 Total Sales
Map
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 385962
APN: 26-5S-02W-160-03550-A09
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Information is deemed reliable but not guaranteed.
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