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1573 Alligator Drive, Panacea, FL 32346

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For Sale

$1,999,000

7 beds • 4 baths • 3,462 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $577.41
    Price per square foot

  • 11-20 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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!
MLS# 385695

Courtesy Of Rebecca Mayhann Properties

(850) 661-5386

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Porch, Ceiling Fan, Water Front
  • Appliances
    Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Hardwood
  • Lot Size
    0.62 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 1573 Alligator Drive, Panacea, FL 32346

Home seller CENTURY 21 Collins Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Collins Realty, Inc.

(850) 927-3100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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