About This Home

This land at 1288 Alligator Drive in Panacea, FL is listed for $250,000 (0.41 acres).

Key Features

  • 0.41 acre lot
  • Waterfront

Amenities

Waterfront
Listing Description

Experience the beauty of Florida's Forgotten Coast from this exceptional Gulf-front homesite on Alligator Drive in Alligator Point. This buildable 0.41-acre lot offers breathtaking, panoramic views of the Gulf, creating the perfect setting for your dream beach home.

Wake up to spectacular sunrises, spend your days enjoying world-class fishing, and watch pelicans, herons, shorebirds, and other native wildlife from your own front yard. Whether you're looking for a private coastal retreat, a vacation getaway, or an investment opportunity, this rare waterfront property offers endless possibilities. If you've been dreaming of life on the Gulf, this is your chance to own a slice of paradise.

Location

1288 Alligator Drive

Panacea, FL 32346

PENN POINT UNIT 1

Questions & Answers

This 0-bedroom, 0-bathroom land at 1288 Alligator Drive is listed at $250,000. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.41 acre lot, Waterfront.

This property is listed by Joann Jacobs and can be reached at 8505562220.

JJ

Joann Jacobs

License 3033670

Agent at Coldwell Banker Hartung

(850) 556-2220
Agent website

Listed by Coldwell Banker Hartung · Broker phone: 8503866160 · View on Broker Site

MLS# 401769· Source: Tallahassee Board of Realtors· 78 days on PropertySimple

Copyright © 2026 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.

1288 Alligator Drive, Panacea, FL 32346

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