1573 ALLIGATOR Drive, Panacea, FL 32346

$1,650,000
7
BD
4
BA
3,462
SqFt

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List Price
$1,650,000
Status
ACTIVE UNDER CONTRACT
MLS#
404139
Closing Date
Sep 30, 2026
Year Built
2006
Construction
Vinyl Siding
Bedrooms
7
Bathrooms
4
Living Area
3,462
Lot Size
27,007
Acres
0.62
County
Franklin
Subdivision
-

Property Description

Rare beach-to-bay property on Florida’s beautiful Forgotten Coast! Enjoy Gulf-front living with multiple decks perfect for watching spectacular sunrises and sunsets, plus the bonus of bay frontage and convenient access for boating and fishing. This unique 7-bedroom, 4-bath home offers incredible flexibility with two separate living levels. The second floor features 3 bedrooms and 2 baths, while the top floor offers 4 bedrooms and 2 baths. Use the levels separately for two families or parties, or combine them for larger groups and family gatherings. With a fantastic rental history, this property offers both an exceptional vacation home and an attractive income-producing opportunity. Enjoy the laid-back lifestyle of Alligator Point— beaches, boating, fishing, kayaking and easy access to the charming communities of Carrabelle, St. George Island and Apalachicola.

Additional Information

Taxes
$14,351
View
Bay, Gulf
Heating
Central, Electric, Fireplace(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Sewer
Septic Tank
Equipment
Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
Floors
Hardwood
Fireplace
Yes
Exterior
Two Story, Traditional
Garage
Carport, Three or more Spaces
Parking
Carport, Three or more Spaces
Waterfront
Yes
Elementary School
OTHER COUNTY
Middle School
OTHER COUNTY
High School
OTHER COUNTY

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Listing courtesy of The Naumann Group Real Estate.