Gulf-Front Homesite
For Sale
$250,000
1288 Alligator Drive, Panacea, FL 32346
LAND - Panacea, FL
Property SizeContact for details
Lot Size0.41 Acres
Days on Market41
Property Features for 1288 Alligator Drive
General Information
Property type
Land
Property subtype
Other
Vegetation
Brush, Cleared
Subdivision
PENN POINT UNIT 1
Lot features
Less Than One Acre, Rectangular Lot, Flood Zone
Directions
319 S to 98 W L on Alligator Drive to vacant lot.
Standard status
Active
Lot size
0.41 Acres
Taxes and HOA fees
Tax Annual Amount
1318
Utilities
Water front
1
Listing Agency:
Coldwell Banker Hartung
(850) 386-6160
Listed By:
Joann Jacobs · License #3033670
(850) 556-2220
Added: Jun 26
Changed: Aug 1
Last Checked: Aug 5 at 12:06PM
MLS# 401769
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.
Investment Insights
Based on property information with market context.
For sale is a buildable Gulf-front homesite on Alligator Drive in Panacea, Florida. The property is a 0.41-acre lot with Gulf-facing frontage, providing room to design and site a beach home to fit the setting.
The lot is located in Franklin County and is described as offering panoramic Gulf views. Public remarks also note the presence of native coastal wildlife visible from the property.
This is a waterfront land offering suitable for buyers looking to own a Gulf-front parcel for a future residential build in the Panacea area.
The lot is located in Franklin County and is described as offering panoramic Gulf views. Public remarks also note the presence of native coastal wildlife visible from the property.
This is a waterfront land offering suitable for buyers looking to own a Gulf-front parcel for a future residential build in the Panacea area.
Key Highlights
- Buildable 0.41‑acre Gulf‑front homesite on Alligator Drive in Alligator Point
- Panoramic views of the Gulf from the property
- Gulf‑front setting for a beach home with your own front‑yard wildlife viewing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 32346, FL
1,750
Population
1,716
Households
1
Avg Household Size
55
Median Age
26%
College-Educated
91%
High-School Grad
28.4 sq mi
ZIP Area
62
Density / Sq Mi
$58,382
Median Household Income
$23,889
Median Earnings
$1,468
Median Rent
$233,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Buildable Gulf-front lot in Panacea, FL, offering coastal views and room to design a beach home.
Where is this waterfront land located?
The property is located at 1288 Alligator Drive Panacea, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Buildable 0.41‑acre Gulf‑front homesite on Alligator Drive in Alligator Point; Panoramic views of the Gulf from the property; Gulf‑front setting for a beach home with your own front‑yard wildlife viewing
