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Home For Sale
1573 Alligator Drive
Panacea, Florida 32346
Franklin CountyWaterfront:
YesCommunity: -

$2,250,000
7 br, 4.0 bath
3462 sq. ft.
0.620 acres
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!
Interior:
- Bedrooms: 7
- Baths: 4.0
- Sq Ft: 3462
- Year Built: 2006
- Utilities:
- Fireplaces: Has Fireplace
- Stories:
- Heat/AC: Central, Electric (Heating), Fireplace(s)
- Garage: Carport
Exterior:
- Lot Size: 0.620 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding: Vinyl Siding
- Roof:
- MLS #: 385695
Contact Information:
![]() | Call now 1-855-943-4259 |

Listing Agent: Rebecca Mayhann, Rebecca Mayhann Properties, 850-661-5386, 850-661-5386
Listing Site, Listing Status: Active
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.
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.
Ad Number: 6154556
Viewed 12 times.
Updated: May 09, 2025