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1667 Alligator Drive, Panacea, FL 32346

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For Sale

$1,945,000

3 beds • 3 baths • 1 half baths • 3,146 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $618.25
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Blending modern updates with timeless coastal charm, this home is truly move-in ready. A rare opportunity to own direct Gulf frontage on Florida's Forgotten Coast, natural beauty, and small-town tranquility create the ultimate coastal lifestyle. he details of this old Florida style coastal retreat has been thoughtfully updated from top to bottom-no surface left untouched. Nestled on a private lot directly on the Gulf of Mexico, the home offers rare sweeping water views from its spacious living area, gazebo, screened porch, deck, and multiple covered porches creating an unparalleled setting for relaxation and entertaining. A gated circular drive welcomes you to the property, complete with an oversized 2.car detached carport. Inside, the home is designed for comfort and flexibility, making it perfect for multigenerational living or guests. The downstairs level features a full 2BR/2BA suite with its own living room and kitchen, opening onto both a covered porch and a screened porch for effortless indoor-outdoor living. Upstairs, the living and dining space spans the entire level with spectacular views. You will love the custom millwork throughout featuring pecky cypress wood framing all of the windows, tongue and grove wall and ceiling detail, bead-board and so much more. The luxury owners suite offers a view of the bay, double walk in closets, double vanity and custom cabinetry. This is a must see home!
MLS# 390020

Courtesy Of The Naumann Group Real Estate, Inc.

(850) 325-1681

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Patio, Ceiling Fan, Water Front
  • Appliances
    Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Architecture Style
    Cottage
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Block
  • Fireplace
    Fireplace
  • Floor Covering
    Tile
  • Lot Size
    0.66 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 1667 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

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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.

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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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