1157 Alligator Drive
Panacea, FL 32346
MLS# 781457
Status:
Sold
Property Description🌴 Gulf-Front Paradise on Alligator Point - .46 Acre Lot
Welcome to your private slice of Florida's Forgotten Coast! This rare .46-acre Gulf-front property sits directly on the sugar-white sands of Alligator Point in Panacea, FL, offering unmatched serenity, endless water views, and the ultimate beachfront lifestyle.
Wake up to sunrise over the Gulf of America , spend your days fishing, kayaking, or walking the secluded shoreline, and unwind each evening with breathtaking sunsets. With nearly 100 feet of direct Gulf frontage, this property offers the perfect setting to build your dream coastal retreat or enjoy as a quiet weekend getaway.
Surrounded by pristine nature and just minutes from Bald Point State Park, this area is a favorite for those who crave peace, privacy, and old-Florida charm. Utilities are available, and there's no HOA, giving you freedom to design your beach house your way.
List Price/Acre: 771521.74
Status: Sold
List Date: 2025-11-10
List Price: $354,900
Sub Area: 1101 - Other
Community/Resort: None
Waterfront: Yes
Elementary School: Other
Middle School: Other
High School: Other
Directions: Head east on US-98 E toward Apalachicola.
Continue through Carrabelle, staying on US-98 E. After passing through Bald Point State Park area, turn right onto Alligator Drive (County Road 370) at the Alligator Point sign.
Follow Alligator Drive for about 7 miles, and you'll arrive on the narrow coastal strip that leads to Alligator Point.
The property will be along Alligator Drive, dire
Street #: 1157
Street Name: Alligator
Street Suffix: Drive
Area: 11 - Other Counties
State: FL
Zip Code: 32346
County: Wakulla
Subdivision: Other
Parcel ID: 05-07S-01W-1032-0000-0250
Legal Description: UNIT 2 HOLIDAY BEACH LOT 25 OR/186/378 OR 128/161 OR/160/362 ORB 194 PAGE 216 OR 368/338 OR 414/108 OR 423/66 CORRECTIVE DEED 997/665
Acreage: 0.46
Lot Size (SqFt): 20125
Lot Dimensions: 80x252
Sub-Type: Residential Lots
HOA Fee: No
Last Taxes: 3575
Last Tax Year: 2024
Brokerage Interest: No Interest
Remarks: 🌴 Gulf-Front Paradise on Alligator Point - .46 Acre Lot
Welcome to your private slice of Florida's Forgotten Coast! This rare .46-acre Gulf-front property sits directly on the sugar-white sands of Alligator Point in Panacea, FL, offering unmatched serenity, endless water views, and the ultimate beachfront lifestyle.
Wake up to sunrise over the Gulf of America , spend your days fishing, kayaking, or walking the secluded shoreline, and unwind each evening with breathtaking sunsets. With nearly 100 feet of direct Gulf frontage, this property offers the perfect setting to build your dream coastal retreat or enjoy as a quiet weekend getaway.
Surrounded by pristine nature and just minutes from Bald Point State Park, this area is a favorite for those who crave peace, privacy, and old-Florida charm. Utilities are available, and there's no HOA, giving you freedom to design your beach house your way.
Sold Price/Acre: 680434.78
Under Contract Date: 2026-04-14
Sold Date: 2026-06-02
Sold Price: $313,000
Build To Suit: 1
Sand Dunes: 1
City Street: 1
Paved Road: 1
Electricity - Connected: 1
Septic - Needed: 1
Water Available: 1
Other - See Remarks: 1
Financing: Cash; Conventional
Lot Access: City Street; Paved Road
Lot Features: Build To Suit; Sand Dunes; Waterfront
Utilities: Electricity - Connected; Septic - Needed; Water Available; Other - See Remarks
Present Zoning: Resid Single Family
Listing Office: CENTURY 21 Commander Realty
Last Updated: June - 04 - 2026
Information deemed reliable but not guaranteed.