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!
Welcome to your dream coastal retreat at Alligator Point! This stunning beachfront home has just undergone a complete renovation, combining modern elegance with the serene beauty of its natural surroundings. Nestled in a charming community renowned for its pristine beaches, this property boasts an open-concept layout, spacious living areas with panoramic ocean views. Featuring three generously sized bedrooms and two and a half bathrooms, each with modern fixtures, this home offers comfort and style. Enjoy the expansive deck overlooking the beach, perfect for dining, sunbathing, or watching stunning sunsets. This home provides the ultimate beachfront lifestyle. Don’t miss the opportunity to own a slice of paradise – schedule your private showing today!
Beautifully remodeled 3BR, single-level Beachfront Bungalow on peaceful Alligator Point. Direct Beachfront and endless Gulf views. Updated throughout with modern conveniences while retaining its true Florida character. Spacious waterfront living area with expansive views and excellent rental/investment potential. Ideal for vacation rental, second home, or full-time coastal living. Recent improvements include a complete transformation of the interior, new appliances, new kitchen, new baths, new windows, doors, floors & decor, a brand-new roof, fresh landscaping featuring native coastal plants, fruit trees, and a recent 4 four-point inspection for added peace of mind.
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!
Come and relax at this adorable A-Frame house on the most popular Alligator Point. With a canal frontage and bay view you can't go wrong! This stunning home features all new countertops, cabinets, flooring, appliances, paint, sea wall, and so much more! Come home from a day on the boat and tie your boat up to the dock and then enjoy a bonfire ten feet away! Come make the best memories at the Good Ole' Days to look back on! You won't get another deal like this- hurry and don't miss out! Flood insurance is transferable. Some furniture is able to stay. Bedroom 2 is a the loft with very small storage closets at floor level in loft.
St Teresa Florida, Exclusive Waterfront/Beachfront Estate in a private gated community with a 500' dock & a new Private Boat lift; located right on the sandy shore of the Gulf waters. Experience spectacular Sunrises & Sunsets. The exceptional amenities, waterfront location, outstanding views and nearby conveniences makes this Estate the epitome of Luxury Coastal Living! Gourmet Chef's kitchen w/ granite counters; top of the line Wolf, Bosch & SubZero appliances. 10' ceilings & custom trim work. Beautifully appointed and meticulously maintained. Outdoor living/entertaining space galore: including multilevel decks, open porches, a relaxing screened porch w/ comfortable seating plus the entire ground level outdoor entertaining space. Walk down the boardwalk to the white, soft sandy beach of St Teresa. Walk the pristine, peaceful shore without any crowds. Enjoy the coastal breeze while watching dolphins play in the surf, Bald Eagles fly high and the daily show of Pelicans & other shorebirds. If activity is what you seek; the dock provides an excellent fishing spot known to hold Redfish, Trout & Flounder or Enjoy the direct access to offshore fishing for Grouper, Snapper, Hogfish & Cobia. All information deemed reliable, but not guaranteed.
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.
One or more photos have been virtually staged. Luxury Coastal Retreat with Stunning Gulf Views & High-End Finishes. This breathtaking two-story like new home is just steps from the Gulf and offers incredible 180° water views from multiple vantage points. Thoughtfully designed for energy efficiency and durability, this four-bedroom, 3.5-bath home combines high-end finishes, modern conveniences, and a prime location to create the ultimate beachside escape. Built on 32-foot in-ground cement pilings with impact windows, hardy board siding, and a durable metal roof, this home is as strong as it is beautiful. Inside, an open floor plan with soaring ceilings and abundant natural light creates a bright, airy feel. The chef's kitchen is a true showpiece, featuring quartz countertops, custom Woodlane cabinetry, top-of-the-line stainless steel appliances, and generous counter space. Thoughtfully designed for both function and style, it serves as the perfect gathering space for friends and family. Both the downstairs and upstairs master suites offer private en-suites, ensuring comfort and convenience for owners and guests alike. Eight-foot doors, luxury finishes, and a wraparound porch with all-weather decking add to the home's sophisticated charm. Situated on oversized lot with ample covered parking, this property has beach access, allowing you to enjoy the sugar-white sands just steps from your front door. Offered fully furnished, this is a rare opportunity to own a turn-key slice of paradise. Schedule your private showing today and experience the coastal lifestyle at its finest!
"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.
Priced to sale! Enjoy the best of both worlds with deeded Gulf beach access just across the street with a dock and boat lift on the bay! This waterfront gem features brand new front deck awnings, fully furnished, new back doors, and an expansive deck offering stunning bay views. Strong rental income potential in a laid-back, low-density beach community where nature thrives and crowds are few. Walk to the marina and tiki hut, or take the boat out for deep water fishing just minutes away. Located only a few miles from the Gulf’s best seafood. Reasonable flood insurance makes this an ideal investment or private getaway! (One neighbor has shared access to the dock)
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.
One or more photo(s) is virtually staged* Proposed Build for under 2,200 sqft with Pitman Construction. Pricing will/can vary depending on your plan selection and finishes. Pool NOT included in pricing, visual reference only. - Build your dream beach home on this waterfront homesite in The Palms at St. Teresa. These deep, elevated lots overlook the Gulf and Alligator Harbor, offering beautiful waterfront views without the need for costly pilings. Proposed plans for deep dock extensions with private boat lifts are also under discussion, adding even more potential for waterfront living. Visit in person to fully appreciate the setting, views, and opportunity this property offers.
Alligator Point Storm damaged home-3 bedroom/3 huge ensuite baths; Beachfront/Gulf front Home - Renovate & "Make it Yours". Gorgeous Waterfront Views!! Wide open Great room with tongue & groove ceiling and walls- Large enclosed Sunroom with wall of windows for extra space to entertain or simply relax. Open sundecks for more outdoor living.. enjoy your morning coffee / evening beverages while taking in the sights and sounds of the Coast. Daily sighting of Dolphins and Shore birds right out your back door in the Gulf waters. Close Boat launches for quick and easy access to Inshore/Offshore fishing at its Best!! Birdwatching, Nature trail hiking, Cycling, Alligator Point Marina Tiki Bar and Grille, Bald Point State Park all within minutes. All info deemed reliable, not guaranteed. Must sign a hold harmless agreement prior to stepping foot on the property.
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.
Welcome to your secluded beachfront paradise! Situated directly on the waters of the Gulf and surrounded by thousands of acres of pristine Bald Point State Park, this custom-built, hurricane-resistant steel home offers privacy at its absolute finest. Enjoy miles of white sandy beach right at your doorstep in a residence that has been impeccably maintained and never rented. Accessible via a private elevator to all floors, the layout is designed for ultimate coastal luxury. The ground floor provides a welcoming entry and ample storage. The second level, featuring soaring 10-foot ceilings, an open living room, a gourmet kitchen/dining area w/ custom cabinetry, granite countertops & stainless steel appliances. Step outside to a massive deck—the perfect spot for sunbathing, spotting sea life, & taking in panoramic sunsets. Two beautifully appointed guest bedrooms complete this floor.The third level is dedicated entirely to a sprawling master suite, boasting its own Florida room, a luxurious ensuite bath & a large adjoining office or additional bedroom. The top floor elevates entertaining to new heights with a full recreational kitchen, a separate screened porch & a massive terrace offering commanding 360-degree views. Equipped with a 25kW Kohler whole-house generator & built to the highest standards, this home is offered at a fraction of its replacement cost. WHAT ARE YOU WAITING FOR?...Schedule your private showing today :-) VIRTUAL STAGED?ENHANCED PHOTOS.
Escape to this beauty of Florida's Forgotten Coast with this charming 2 bedroom, 1 bath condo nestled in the heart of Ochlockonee Bay! Whether you're searching for a weekend getaway, vacation rental, or low maintenance coastal retreat, this condo is packed with upgrades and an unbeatable location! This condo has many upgrades including BRAND NEW Lennox HVAC unit with a 10 year equipment warranty, HVAC also has 16 1/2 Seer. LVP flooring, beautiful kitchen backsplash, renovated kitchen cabinets, brand new garbage disposal, newer black refrigerator, stove and microwave. Dishwasher in great working condition. Renovated walk in tile shower and stackable washer and dryer hookups added in the bathroom. Additional conveniences include an on site laundry facility with two large washer and dryers. Located just minutes from Mashes Sands and Alligator Point beaches, Walk through a gate to eat at Angelo's seafood restaurant, boat ramps, fishing, new bike trail and everything that makes the Forgotten Coast so special. Relax by the community pool or play tennis! This one is a MUST SEE!
Alligator Point- PRICED UNDER $300K Private Pool, RV Hook Up, High & Dry Double Lot! Welcome to laid-back coastal living in Alligator Point! This 3-bedroom, 2-bath home is perfectly designed for relaxed living and outdoor enjoyment, situated on a spacious double lot with high and dry elevation for added peace of mind. The property features a private pool, RV hookup, and ample space for your boat, golf cart & all your beach gear. Just minutes from the community boat launch, you’ll enjoy easy access to some of the best fishing & boating the Forgotten Coast has to offer. Inside, the home you'll find a bright, spacious, open floor plan w/ comfortable living spaces, ideal for everyday living or hosting family and friends. Step outside & enjoy peaceful walks through this quiet community, or take a short golf cart ride to the beach, marina, or nearby Bald Point State Park, where miles of scenic hiking trails and unspoiled nature awaits. Whether you’re searching for a full-time residence, weekend getaway, or investment opportunity, this property delivers laid-back coastal living at an incredible value. Priced to sell at $299,000 (the ONLY home is Alligator Point under $300,000!) All information is deemed reliable, but Not Guaranteed.
This home is a perfect mix of convenience and coastal charm. The marina is just two blocks making it easy access for your boat. A variety of seafood and family restaurants only five minutes away. Over a half-acre yard with potential to add on a shed or pole barn for boat storage. Screened in porch and many decks for outdoor living. Metal roof. Quiet community near the Gulf Specimen Marine Lab and St Marks Wildlife Refuge. Panacea hosts events like the Blue Crab Festival and the Oyster Festival for good eating and entertainment.
Priced to sale! Enjoy the best of both worlds with deeded Gulf beach access just across the street with a dock and boat lift on the bay! This waterfront gem features brand new front deck awnings, fully furnished, new back doors, and an expansive deck offering stunning bay views. Strong rental income potential in a laid-back, low-density beach community where nature thrives and crowds are few. Walk to the marina and tiki hut, or take the boat out for deep water fishing just minutes away. Located only a few miles from the Gulf’s best seafood. Reasonable flood insurance makes this an ideal investment or private getaway! (One neighbor has shared access to the dock)
Ideal Coastal Retreat or Fisherman's Paradise! This manufactured home is perfectly situated on 2 lots in close proximity to the Sun N Sands boat ramp. Drop your boat in the water and return your trailer with ease to the protection of your own lot. No parking woes! Maple Street is moments from Bald Point State Park and Alligator Point Beach, Alligator Point Marina and Tiki Bar with public beach access all along Alligator Point and Bald Point. This subdivision just received new water lines, and this home has a new water tap. Bring your boat, tackle, and a change of clothes for a Fisherman's Weekend; bring yourself and personal items to establish a homestead; or finish outfitting the home as an investment property and personal getaway. Schedule a showing to visit the property and take in all that beautiful Alligator Point has to offer. Buyer to verify all dimensions.
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.
Welcome to Marina Village! This beautifully updated 1,332 sq ft end unit townhouse offers 3 bedrooms and 2.5 baths, along with a deeded boat slip complete with power and water. Enjoy bay views and refreshing sea breezes from the screened porches and mezzanine decks perfect for grilling and entertaining. The home features recent updates and an extended patio underneath, providing additional outdoor living space ideal for relaxing after a day on the water. Residents enjoy access to the newly built community pool, offering the perfect spot to unwind after fishing or spending time at the beach. Conveniently located just down the street from Mashes Sands Public Beach and boat ramp, the property also adjoins the scenic 16-mile Ochlockonee Bay bike and walking trail that winds along the water and through the St. Marks National Wildlife Refuge. With saltwater access, a boat slip, community pool, and low maintenance living, this property offers the ideal coastal retreat for full time living or weekend getaways.

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.

Panacea is located in Florida. Panacea, Florida 32346has a population of 1,050. Panacea 32346 is less family-centric than the surrounding county with 8.42% 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 32346 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 32346 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.