Discover a rare opportunity on Florida's Forgotten Coast! This

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Home For Sale

605 Alligator Drive

Panacea, Florida 32346

Franklin County

Community: Sun-N-Sands

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$285,000 3 br, 2.0 bath 984 sq. ft. 0.430 acres

Discover a rare opportunity on Florida's Forgotten Coast! This well-kept 3-bedroom, 2-bath mobile home sits on a high & dry parcel that includes an additional buildable lot plus 5 more vacant lots, offering endless potential for expansion, investment, or creating your own private coastal retreat. Perfectly positioned across the street from a boat launch, this property provides quick and easy access to world-class fishing and the pristine waters of the Gulf. The beach is just a short drive away, making it easy to enjoy sun-filled days on the sand. Surrounded by nature, this peaceful setting is ideal for outdoor enthusiasts - explore nearby state parks, scenic hiking trails, and kayak launches, all just minutes from your door. The property also includes a nice workshop/garage, perfect for storing boats, gear, or tools. Whether you're looking for a weekend getaway, full-time residence, or investment property, check out this Alligator Point find.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 984
  • Year Built: 1990
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 1
  • Heat/AC: Fireplace(s), Central
  • Garage: Garage
Exterior:
  • Lot Size: 0.430 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: VinylSiding
  • Roof: 
  • MLS #: 393094
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Contact Information:
Beach Home For Sale in Panacea, Florida
Listing Agent: Debbie Brett, Keller Williams Town and Country Realty, 850-210-8036, 850-201-4663 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.
Ad Number: 6822456
Viewed 19 times.
Updated: Nov 13, 2025

This property is a Home located at 605 Alligator Drive, Panacea, Florida 32346, and is currently For Sale at $285,000. This Home has 3 bedrooms, 2.0 baths, 984 sq ft.