About This Home

This 3-bedroom, 2-bathroom single family at 88 River Drive in Panacea, FL is listed for $569,000 ($322 per sqft). Built in 1981, the home offers 1,767 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1981
  • 0.19 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
1981

Amenities

WaterfrontA/C
Listing Description

Welcome to 88 River Drive in Panacea, Florida-a charming coastal property where relaxed living meets the beauty of Florida's Forgotten Coast. Whether you're looking for a full-time residence, a weekend retreat, or an investment opportunity, this home offers the perfect setting to enjoy the laid-back waterfront lifestyle.

Located just minutes from boat ramps, marinas, fishing, and some of the area's best seafood restaurants, you'll have easy access to everything that makes Panacea such a desirable destination. Spend your days boating, fishing, kayaking, or exploring nearby beaches and nature preserves, then return home to unwind in the peaceful surroundings.

The property offers a comfortable layout with inviting living spaces, making it ideal for entertaining family and friends or simply enjoying quiet evenings at home. With its convenient location near the Gulf Coast and easy access to Crawfordville and Tallahassee, this home combines small-town charm with everyday convenience.

If you've been searching for an affordable slice of Florida's coastal lifestyle, 88 River Drive is ready to welcome you home. New roof in 2025, Mini splits added 5 years ago, new windows in the downstairs area of the home. New stove (2025) New refrigerator (2024), New dishwasher (2022). Owner is offering a $10,000.00 Concession to use for closing cost or house upgrades. buyers choice.

Monthly Cost Estimate

$3,043/mo

20% down · 6.5% · 30 years

Principal$412
Interest$2,466
Insurance$166

Estimates only. Actual payments may vary.

Location

88 River Drive

Panacea, FL 32346

RIVER BEND

Features & Amenities

Interior Features

UpperLevelPrimary

Exterior Features

FullyFenced

Property Details

Flooring

CarpetTile

Construction

WoodSiding

Outdoor Features

PorchDeckPatio

Parking

Carport

Cooling

Ductless

Appliances

DryerDishwasherIceMakerOvenRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 88 River Drive is listed at $569,000 ($322/sqft). The estimated monthly payment is $3,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.19 acre lot, 2 stories, Waterfront. Interior Features: UpperLevelPrimary. Exterior Features: FullyFenced.

This property is listed by Katherine Lewis and can be reached at 9046154991.

KL

Katherine Lewis

License SL3605742

Agent at Waypoint Properties

(904) 615-4991

Listed by Waypoint Properties · Broker phone: 8509269100 · View on Broker Site

MLS# 402122· Source: Tallahassee Board of Realtors· 72 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.

88 River Drive, Panacea, FL 32346

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