1157 Alligator Drive, Panacea, FL 32346

$313,000
Property Type: Residential Land Lot Size (sq. ft.): 20,125 Status: Sold
Current Price: $313,000 List Date: 3/05/2026 Last Modified: 6/04/2026

Overview

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.

Listing Details MLS# 781457

Contract Info

List Price/Acre
771521.74

Location

Street #
1157
Street Name
Alligator
Street Suffix
Drive
Area
11 – Other Counties
State
FL
Zip Code
32346
County
Wakulla
Sub Area
1101 – Other
Subdivision
Other
Community/Resort
None
Waterfront
Yes
Parcel ID
05-07S-01W-1032-0000-0250
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
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

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
80×252
Acreage
0.46
Lot Size (SqFt)
20125

Status Change Info

Under Contract Date
2026-04-14
Sold Date
2026-06-02
Sold Price/Acre
680434.78

Listing Info, Tax & Legal

HOA Fee
No
Last Taxes
3575
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

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.

More Information

Office/Member Info

Seller Concessions
No

Financing

Cash
Yes
Conventional
Yes

Lot Features

Build To Suit
Yes
Sand Dunes
Yes
Waterfront
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Present Zoning

Resid Single Family
Yes

Association Amenities

Waterfront
Yes

Utilities

Electricity – Connected
Yes
Septic – Needed
Yes
Water Available
Yes
Other – See Remarks
Yes

Waterview

Gulf
Yes

Sale Type

As Is
Yes

Waterfront Type

Gulf
Yes

Property Features

Financing: Cash; Conventional Lot Access: City Street; Paved Road Lot Features: Build To Suit; Sand Dunes; Waterfront Sale Type: As Is Utilities: Electricity – Connected; Septic – Needed; Water Available; Other – See Remarks Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resid Single Family
Listing Office: CENTURY 21 Commander Realty
Last Updated: June – 04 – 2026
Information deemed reliable but not guaranteed.