# 1288 Alligator Drive, Panacea, FL 32346

> **TL;DR:** land, $250,000.
> Waterfront. Est. $1,337/mo. Listed 83 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $250,000 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 83 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,264 |
| Estimated Insurance | $73 |
| **Total** | **$1,337** |

## Key Amenities

- Waterfront

## Property Highlights

- 0.41 acre lot
- Waterfront

## Description

### Agent 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

- **Address:** 1288 Alligator Drive, Panacea, FL 32346
- **County:** Franklin
- **Neighborhood:** PENN POINT UNIT 1
- **Coordinates:** 29.895563, -84.369356
- **Google Maps:** https://www.google.com/maps?q=29.895563,-84.369356

## Listing Agent

- **Name:** Joann Jacobs · **License:** 3033670
- **Brokerage:** Coldwell Banker Hartung
- **Phone:** 8505562220
- **Broker Phone:** 8503866160
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1288-Alligator-Dr_Panacea_FL_32346_M55274-08718?f=listhub&s=TBRFL&m=401769&c=propsimple)

## Photos

![1288 Alligator Drive - Photo 1](http://lh.rdcpix.com/7b846cf488bc45898614811d6e6f8118l-f3064682912r.jpg)

---

**MLS#:** 401769 | **Updated:** 2026-07-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1288-alligator-drive-panacea-fl-32346-l401769)

---

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