1573 Alligator Drive
Panacea, FL 32346
- 7 beds
- 4 baths
- 3,462 sqft
- ~1/2 acre lot
- $649 per sqft
- 2006 build
- – on site
Discover this rare gem - a spacious 7 bedroom, 4 bath beach home that sleeps up to 20, set on a .62 acre lot stretching from Gulf to Bay, offering the best of both worlds. This beautifully and functionally designed home features the convenience of an elevator, four private porches with panoramic Gulf and Bay views, perfect for catching sunrises and sunsets. Ideal for multi-family living, vacationing or investment, the 2nd and 3rd floors are self contained with access through interior shared stairwell, including their own full kitchens, laundry, living and dining areas and private porches providing flexibility for guests and extended family. Enjoy direct beach access, large covered outdoor space beneath the home perfect for hosting large gatherings, family events or holiday celebrations. Build a private dock with boat house and lift on Bayside or take a short golf cart drive to the nearby marina for dry storage options and marina services. Whether you are seeking a personal coastal escape or a lucrative rental property, this home delivers on space, location and lifestyle!
Last checked:
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Last updated May 9, 2025
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MLS# 385695 —
The Building
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Year Built:2006
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Architectural Style:Traditional
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Basement:Finished
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Basement:true
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Patio And Porch Features:Covered,Porch,Screened
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Construction Materials:VinylSiding
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Building Area Total:3462.0
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Building Area Source:Assessor
Interior
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Interior Features:HighCeilings,EntranceFoyer,Pantry,SplitBedrooms,WalkInClosets
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Flooring:Hardwood,Tile
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Fireplace:true
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Fireplace Features:Gas
Room Dimensions
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Living Area:3462.0
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Directions:Hwy 98 to L on Alligator Drive, continue, house on L
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Latitude:29.901953
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Longitude:-84.405739
The Property
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Property Type:Residential
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Property Subtype:Detached
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Lot Size Acres:0.62
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Road Responsibility:PublicMaintainedRoad
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Parcel Number:12037-03-07S-02W-1010-0000-0120
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View:Bay,Gulf
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View:true
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Waterfront:true
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Waterfront Features:BayAccess,Gulf
Listing Agent
- Contact info:
- Agent phone:
- (850) 661-5386
- Office phone:
- (850) 661-5386
Taxes
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Tax Lot:12
Beds
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Total Bedrooms:7
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central,Electric,Fireplaces
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Heating:true
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Cooling:CentralAir,CeilingFans,Electric
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Cooling:true
Utilities
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Sewer:SepticTank
Appliances
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Appliances:Dryer,Dishwasher,IceMaker,Microwave,Oven,Range,Refrigerator,Washer
Schools
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Elementary School:OTHER COUNTY
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Middle Or Junior School:OTHER COUNTY
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High School:OTHER COUNTY
The Community
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Subdivision Name:-
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Pool Private:false
Parking
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Carport:true
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Carport Spaces:3.0
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Parking Features:Carport,ThreeOrMoreSpaces
Monthly cost estimate
Asking price
$2,250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,048
|
| Taxes | N/A |
| Insurance | $618 |
| Utilities | $228 See report |
| Total | $12,894/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/9/25
May 9, 2025
|
Listed / Active | CATRS | $2,250,000 |
