Coastal living with a peekaboo view of the bay! This fully updated 2BR/2.5BA home offers no HOA, a new roof (2022), new HVAC (2025), hurricane-rated windows, and a beautifully renovated kitchen with new countertops and appliances (2026). Enjoy an oversized Florida room filled with natural light! Off the spacious kitchen and dining area is a private front balcony perfect for relaxing. Both generously sized bedrooms feature private baths with garden tubs and separate showers. The tropical yard feels like a whimsical butterfly and hummingbird oasis, while the elevated home provides plenty of covered space for boat parking. Downstairs also includes ample storage, a small workshop, half bath, and an incredible outdoor shower with double heads and a rain shower. Adjacent common green space is perfect for walking the pups, outdoor games, or picnics, plus enjoy a nature walking trail to the bay where you can launch your kayak or canoe. Located in a golf cart community and within walking distance of Trident, Salty Donkeys, and Woolley Park, you can truly enjoy the laid-back coastal lifestyle! Boaters will love being just 1.3 miles from the nearest boat ramp. Don't miss this unique coastal retreat with plenty of charm, convenience, and easy access to everything that makes coastal living special!
Gorgeous waterfront scenery! This attractive condo offers stunning bay front views including memorizing sunsets. Two balconies provide relaxing areas to enjoy mornings from the east and evenings overlooking the sun as it sets in west. Nearby beach and boat ramp provide opportunities for relaxing walks and spontaneous launches as part of your normal routine. Your chance to live where others come to vacation. Or with short term rentals allowed, there's the possibility of an income providing venture, in addition to a vacation home. HOA covers: Pool, tennis courts, exterior building maintenance, grounds upkeep, insurance and other amenities.
Don't miss this beautiful, move-in-ready, 3 bedroom and 2 bath home on Mashes Sands Road! Featuring a durable metal roof and black gutters, along with a classic brick exterior, this home offers both charm and peace of mind. Step inside and enjoy the relaxed coastal vibe and spacious living area, perfect for unwinding. Outside, gather around the fire pit and enjoy the covered patio ready for relaxing and entertaining. The versatile space can also serve as covered parking. Location is everything and this home delivers! Enjoy an easy 20 minute walk to Mashes Sands beach and convenient access to the Mashes Sands Boat Ramp, just over a mile away. Head in the opposite direction to find Coastal Market, OB Mercantile and Angelo's, all approximately one mile away. With a paved walking and biking trail right outside your front door, you'll love the convenience and coastal lifestyle this property has to offer!
Vintage Coastal Charm with Endless Ochlockonee Bay Views! Step back in time while enjoying the comforts of modern updates in this charming 1950’s coastal cottage. Full of character and coastal appeal, this unique property offers inviting living spaces, preserved original details and plenty of room to relax, entertain and enjoy the waterfront views. The living room is a standout with wall-to-wall windows framing views of the bay, a cozy gas fireplace and room to spread out and unwind. The updated kitchen flows seamlessly into the dining room for easy everyday living. Throughout the main home, original wood ceilings, walls and doors have been preserved, adding to the vintage cottage feel. The main home offers two bedrooms and one full bath. A detached guest cottage adds versatility, featuring a full bathroom and two separate rooms currently used as bedrooms, ideal for creating a private getaway for guests. Outdoor living is just as inviting; with a screened summer kitchen and an oversize storage building provides plenty of room for outdoor enjoyment.
Welcome to 32 Sunrise Lane in beautiful Panacea, Florida, where waterfront living meets coastal charm! This unique property offers the perfect combination of comfort, versatility, and easy access to the water. The upstairs living area features 2 bedrooms and 1 bath, while the downstairs offers a separate in-law suite/apartment, providing additional space for extended family, guests, or visitors. Recent improvements include new flooring, hurricane-rated windows, and new stairs to the second floor, adding both style and peace of mind. This property is completely fenced, offering added privacy and security. Boating and fishing enthusiast will love the private floating dock with canal access to the bay. Boat ramp is a block away and the beach is just around the corner making this a water sports paradise. All dimensions are approximate. ****Professsional Photos coming soon ****
Waterfront living awaits in Panacea Shores, where this three-bedroom, two-bath residence offers a solid foundation for coastal ownership. The single-story layout spans 1,280 finished square feet, providing an efficient floor plan ideal for those seeking straightforward, low-maintenance living. Located in Panacea, this property combines direct waterfront access with practical residential space. Built for enduring value, this home presents a genuine opportunity to establish yourself in an established waterfront community.
Enjoy the relaxed coastal lifestyle of Florida's Forgotten Coast! Located in the Ochlockonee Bay community of Panacea, this spacious 3-bedroom, 2-bath home offers approximately 1,969 square feet of living space on a generous 0.35-acre lot. The open floor plan, abundant natural light, and generously sized rooms create a welcoming atmosphere, while the sunroom provides a wonderful spot to unwind and enjoy the coastal surroundings. Tile flooring throughout offers practical appeal for life near the water, and the screened porch is perfect for enjoying the fresh air. Additional features include a fireplace, a two-car carport, and convenient access for boats and recreational vehicles. Just moments from the bay and Otter Creek, with nearby opportunities for boating, fishing, biking, and beach outings at Mashes Sands, this property offers an inviting home base for enjoying the natural beauty and laid-back charm of the Panacea area. Come discover the possibilities of coastal living!
Coastal living with a peekaboo view of the bay! This fully updated 2BR/2.5BA home offers no HOA, a new roof (2022), new HVAC (2025), hurricane-rated windows, and a beautifully renovated kitchen with new countertops and appliances (2026). Enjoy an oversized Florida room filled with natural light! Off the spacious kitchen and dining area is a private front balcony perfect for relaxing. Both generously sized bedrooms feature private baths with garden tubs and separate showers. The tropical yard feels like a whimsical butterfly and hummingbird oasis, while the elevated home provides plenty of covered space for boat parking. Downstairs also includes ample storage, a small workshop, half bath, and an incredible outdoor shower with double heads and a rain shower. Adjacent common green space is perfect for walking the pups, outdoor games, or picnics, plus enjoy a nature walking trail to the bay where you can launch your kayak or canoe. Located in a golf cart community and within walking distance of Trident, Salty Donkeys, and Woolley Park, you can truly enjoy the laid-back coastal lifestyle! Boaters will love being just 1.3 miles from the nearest boat ramp. Don't miss this unique coastal retreat with plenty of charm, convenience, and easy access to everything that makes coastal living special!
Coastal living with a peekaboo view of the bay! This fully updated 2BR/2.5BA home offers no HOA, a new roof (2022), new HVAC (2025), hurricane-rated windows, and a beautifully renovated kitchen with new countertops and appliances (2026). Enjoy an oversized Florida room filled with natural light! Off the spacious kitchen and dining area is a private front balcony perfect for relaxing. Both generously sized bedrooms feature private baths with garden tubs and separate showers. The tropical yard feels like a whimsical butterfly and hummingbird oasis, while the elevated home provides plenty of covered space for boat parking. Downstairs also includes ample storage, a small workshop, half bath, and an incredible outdoor shower with double heads and a rain shower. Adjacent common green space is perfect for walking the pups, outdoor games, or picnics, plus enjoy a nature walking trail to the bay where you can launch your kayak or canoe. Located in a golf cart community and within walking distance of Trident, Salty Donkeys, and Woolley Park, you can truly enjoy the laid-back coastal lifestyle! Boaters will love being just 1.3 miles from the nearest boat ramp. Don't miss this unique coastal retreat with plenty of charm, convenience, and easy access to everything that makes coastal living special!
Adorable, peaceful and quiet home located in the heart of Panacea on 17 platted lots totaling 2.5 acres of land. LVP and tile flooring throughout the entire home. NEW windows! Nice, spacious bedrooms with built ins for clothing or decor. Wood burning fireplace in the living area. Beautiful, renovated master bath! Partially fenced around the home where the lounge area is and an above ground pool. Metal roof and THREE outdoor buildings! Minutes away from waterfront restaurants, boat ramps, beautiful beaches, and some of the best fishing in Florida! Come check out this home close to the coast and all that it has to offer!
Enjoy BREATHTAKING views of Dickerson Bay overlooking the Gulf from this gorgeous 3 bedroom, 2.5 bath, 2,688sqft hurricane-resistant Deltec home! Home is situated on 2 lots and offers more than you can imagine. This beautiful property features LVP and tile flooring throughout, stainless steel appliances, abundant kitchen cabinet storage, and a spacious living area filled with natural light from large windows. The bedrooms are generously sized, and the primary suite includes a double sink vanity and a walk-in tile shower. BRAND NEW exterior deck! Downstairs, you'll find additional storage space, perfect for beach gear, fishing equipment or boating essentials. Enjoy access to a community pool, gazebo, and dock. Located next door to Trident, one of the area's favorite local restaurants, and walking distance from local marina, waterfront dining, boat ramp, and docks! Come experience Florida coastal living at its best!
Welcome to this beautifully remodeled 2-bedroom, 2-bath cottage-style home in the heart of Panacea, FL — a true gem for vacation rental potential or a fisherman’s getaway. Perfectly positioned near Dickerson and Levy Bay, this home offers quick access to some of North Florida’s best fishing waters. You’ll love being within walking distance to local restaurants, Rock Landing Marina, and all the charm of Panacea’s golf cart–friendly community. Inside, you’ll enjoy peace of mind with a wonderfully remodeled interior featuring modern updates and coastal character, while outside you’ll find a 50-amp breaker for your camper, public water and sewer, and the security of a recently updated roof. Whether you’re looking for an Airbnb investment, a weekend retreat, or your own coastal escape, this cottage delivers convenience, lifestyle, and income potential in one of the Forgotten Coast’s most welcoming communities.
Escape to coastal paradise in the heart of Panacea. Discover this charming 3 BR, 2B home nestled on a full acre in the heart of Panacea where nature, wildlife and the Gulf lifestyle come together in perfect harmony. Step outside and immerse yourself in a private sanctuary bursting with life, a dazzling array of birds, flowers and your very own chicken coup. 2 spacious storage buildings with ultimate setup for anglers and outdoor enthusiasts. Just minutes from great restaurants and fresh-caught seafood markets, you'll savor the best of Florida's coastal flavors. Gulf just a short drive away - Florida living at its finest. Property backs up to county land and will NEVER be developed. This property will NOT last long! Many upgrades! County sewer 2026. 24 HOURS Notice to show. ROOF 2021, new AC 2026, new Frig 2024 - $3K towards buyers closing cost if offer is accepted within 45 days of listing.
Calling All Pilots! Here's your chance to live in a gated Fly-In Community! This three bedoom and two bath home is located in the Panacea/Ochlockonee Bay area of North Florida and is adjacent to the Wakulla County Airport (2J0). Features include a large living/family room, kitchen with eat-in dining area, and wrap around deck. The 45'x50' hangar has a bi-fold door and plenty of room to store you airplane and other toys. It also includes an air conditioned office to cool off! Taxi your airplane to the airport and take off to view the surrounding beauty. This area is known for great fishing in the Gulf of America so jump in your boat and catch the big ones! Relax on the nearby sandy White beaches, surf fish, scallop, water ski or jet ski or ride your bike or walk on the great bike trails in the area. Call to set up a time to tour this beautiful home!
OPEN HOUSE SAT SEPT 26 FROM 2:30-5PM. Coastal living with a peekaboo view of the bay! This fully updated 2BR/2.5BA home offers no HOA, a new roof (2022), new HVAC (2025), hurricane-rated windows, and a beautifully renovated kitchen with new countertops and appliances (2026). Enjoy an oversized Florida room filled with natural light! Off the spacious kitchen and dining area is a private front balcony perfect for relaxing. Both generously sized bedrooms feature private baths with garden tubs and separate showers. The tropical yard feels like a whimsical butterfly and hummingbird oasis, while the elevated home provides plenty of covered space for boat parking. Downstairs also includes ample storage, a small workshop, half bath, and an incredible outdoor shower with double heads and a rain shower. Adjacent common green space is perfect for walking the pups, outdoor games, or picnics, plus enjoy a nature walking trail to the bay where you can launch your kayak or canoe. Located in a golf cart community and within walking distance of Trident, Salty Donkeys, and Woolley Park, you can truly enjoy the laid-back coastal lifestyle! Boaters will love being just 1.3 miles from the nearest boat ramp. Don't miss this unique coastal retreat with plenty of charm, convenience, and easy access to everything that makes coastal living special!
Charming beach cottage on Bald Point! FANTASTIC LOCATION adjacent to State Park property and a short block away from the sandy beaches and the Gulf waters. The perfect home for a permanent residence, a weekend retreat, or an investment property. The cottage is clean and cozy with hardwood floors and tons of windows offering ample amounts of sunlight. Coastal chic touches throughout including shiplap walls, tastefully remodeled kitchen and nautical hues. The new deck outside overlooks the spacious yard, perfect for evenings outside or to experience the abundant wildlife that surrounds. Enjoy all that nature has to offer in this super cute and charming cottage! Recent Upgrades: Brand new stairs, deck, and outdoor shower
NEW: BUYER INCENTIVE!! $10,000 TOWARDS CLOSING COSTS AND REPAIRS! Perfect for full time living or a weekend vacation home. Easy walking distance to fishing spots and the beach. Canal front ready fo kayacking, paddle boarding and seasonally boats. One block to County Park with nice, paved boat ramp, canal leading to the Gulf. Golf cart community and paved walking, biking path. The definition of easy living. Great room living, fully open kitchen, dining and family and sunroom. Split bedroom plans. Nice screen front porch and screened room underneath home ready for your parties and game watching with TV cable hookup. Has 500lb lift, not available for showings except for special request. Parking underneath house. Conviently located near the best seafood restaurants in the area. Hurricane rated windows.
Coastal living with a peekaboo view of the bay! This fully updated 2BR/2.5BA home offers no HOA, a new roof (2022), new HVAC (2025), hurricane-rated windows, and a beautifully renovated kitchen with new countertops and appliances (2026). Enjoy an oversized Florida room filled with natural light! Off the spacious kitchen and dining area is a private front balcony perfect for relaxing. Both generously sized bedrooms feature private baths with garden tubs and separate showers. The tropical yard feels like a whimsical butterfly and hummingbird oasis, while the elevated home provides plenty of covered space for boat parking. Downstairs also includes ample storage, a small workshop, half bath, and an incredible outdoor shower with double heads and a rain shower. Adjacent common green space is perfect for walking the pups, outdoor games, or picnics, plus enjoy a nature walking trail to the bay where you can launch your kayak or canoe. Located in a golf cart community and within walking distance of Trident, Salty Donkeys, and Woolley Park, you can truly enjoy the laid-back coastal lifestyle! Boaters will love being just 1.3 miles from the nearest boat ramp. Don't miss this unique coastal retreat with plenty of charm, convenience, and easy access to everything that makes coastal living special!
Creative Financing Available! Absolutely stunning Bayfront House in Panacea! This 5 bedroom, 3 full bath House has been completely renovated and is like new construction! The layout is an Entertainer's dream with the huge open plan for the Family room, Dining room and Kitchen which opens out onto the new concrete patio- enjoy your beautiful view of the water from the 2 sliding glass doors. Luxurious Primary bedroom suite with corner soaker tub, double shower head tiled shower, walk-in closet, and screened patio with view of the water. 4 other spacious bedrooms and 2 full baths provide all the space you need for all your friends and family to spread out and be comfortable! The house boasts an oversized deck for the whole family to enjoy from the 2nd story bay-facing bedroom and plenty of storage space inside in all rooms! New landscaping, driveway, sod, patio and strings lights front and back completes the beautiful outside- ready for all your relaxing days by the water. Nice little above ground pool with new bar area, next to the new patio, provides hours of fun! Come see this one before it's snapped up!
Bring the boat, pack a swimsuit and start enjoying the Forgotten Coast. Offered fully furnished, this recently updated three-bedroom, two-bath coastal cottage sits on three corner lots in the heart of Panacea, with access from both Koch Street and Hardee Avenue. The fenced yard is made for laid-back coastal living, with a large pool, covered deck and plenty of outdoor space for gathering, grilling or unwinding after a day on the water. A pole barn and separate storage shed provide room for boats, fishing gear and all the extras that come with life near the coast. Currently used as a short-term rental, the home is ready to continue welcoming guests or become your own furnished coastal retreat or full-time residence. Rock Landing, local boat launches, restaurants, parks and beaches are just minutes away, and Posey's Steam Room is within walking distance. Three lots, dual access, furnishings and room for the toys make this one easy to enjoy from day one.
"Bring Offers!" Seller will pay up to $3,000 of Buyers closing cost. Hidden Gem - Bayfront home w/ Private Dock in the heart of Panacea. Located on protected -yet open water. The private dock provides instant access to inshore & offshore boating/fishing or simply relax & unwind in a carefree, laidback Coastal lifestyle . Tucked away on a quiet street this Waterfront retreat offers the perfect blend of privacy and convenience. Enjoy quick & easy access to the Beach, boat launch, bike path, local shops, restaurants, & art galleries. Clean Cozy and income producing. Spectacular sunrises & sunsets paint the morning & evening skies creating the perfect backdrop for relaxed coastal living. Whether you're searching for a full-time residence, weekend getaway or income producing investment property, This Bayfront Beauty lends itself to all of the above...Come fall in love Florida's Forgotten Coast.
Fully renovated 3BR/2BA home with 1,196 sq ft in Panacea. New metal roof, new vinyl siding, and a complete interior gut including new walls, plumbing, electrical, windows, doors, and HVAC. Only the original shell remains—everything else is new. The kitchen features new cabinets, countertops, and appliances including a dishwasher and garbage disposal, plus a convenient laundry room and pantry just off the kitchen. Move-in ready and ideal as a full-time residence, second home, or investment property in a quiet coastal golf cart community where all the restaurants and stores are just a short golf cart ride away, with easy access to fishing, boating, and the natural beauty of Florida’s Forgotten Coast.
Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street right off the Gulf, offering a laid-back environment on a beautiful 0.47 acre lot. The interior boasts exposed brick that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos. This home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!
Welcome to this beautifully remodeled 2-bedroom, 2-bath cottage-style home in the heart of Panacea, FL — a true gem for vacation rental potential or a fisherman’s getaway. Perfectly positioned near Dickerson and Levy Bay, this home offers quick access to some of North Florida’s best fishing waters. You’ll love being within walking distance to local restaurants, Rock Landing Marina, and all the charm of Panacea’s golf cart–friendly community. Inside, you’ll enjoy peace of mind with a wonderfully remodeled interior featuring modern updates and coastal character, while outside you’ll find a 50-amp breaker for your camper, public water and sewer, and the security of a recently updated roof. Whether you’re looking for an Airbnb investment, a weekend retreat, or your own coastal escape, this cottage delivers convenience, lifestyle, and income potential in one of the Forgotten Coast’s most welcoming communities.
Beautifully renovated bayfront home with direct Gulf access and stunning waterfront views! This elevated 3BR/2BA retreat was extensively updated in 2023 and features custom kitchen cabinetry, granite and quartz countertops, all-new appliances, new LVP flooring and lighting, a ventless gas fireplace, and Rinnai tankless water heater. The spacious primary suite offers a large walk-in closet and spa-style ensuite with a wet-room Jacuzzi soaking tub, dual shower heads, and body sprays. A wall of patio doors fills the home with natural light and peaceful water views. Designed for the ultimate Florida waterfront lifestyle, the property includes a deep-water dock with Sure-Step decking, covered boat lift, two jet ski lifts, electric, water, and fish-cleaning station, all added in 2021, plus a new seawall with stairs to the beach in 2023. Additional upgrades include a new roof, windows, and patio doors in 2021, RV hookup, buried propane tank with generator-ready hookup, irrigated manicured backyard, privacy fencing with automatic gated entry, and abundant parking with five spacious bays under the home. One of the rare Surf Rd properties where you can enjoy both sunrises and sunsets over the water. Boat, jet skis, and furniture negotiable. Move-in ready coastal living at its finest—enjoy boating, fishing, entertaining, and relaxing waterfront living right from your backyard. The biking/walking path along Surf Rd stretches for miles in either direction, and this golf-cart-friendly community makes it easy to ride to nearby shops, restaurants, and Mashes Sands Beach. Shed combo is 4321.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Tallahassee Board of Realtors. The information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

Panacea is located in Florida. Panacea, Florida has a population of 1,050. Panacea is less family-centric than the surrounding county with 9.22% of the households containing married families with children. The county average for households married with children is 32.02%.
The median household income in Panacea, Florida is $31,976. The median household income for the surrounding county is $72,941 compared to the national median of $69,021. The median age of people living in Panacea is 46.6 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 59.1 inches per year, with 0 inches of snow per year.