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$1,999,000

1573 Alligator Dr Panacea, FL 32346

7 beds
4 full
3,462 sqft
0.6 acres
$577 / sqft
House

Property details

About 1573 Alligator Dr

Discover this rare gem - a spacious 7 bedroom, 4 bath beach home that sleeps up to 20, set on a .62 acre lot stretching from Gulf to Bay, offering the best of both worlds. This beautifully and functionally designed home features the convenience of an elevator, four private porches with panoramic Gulf and Bay views, perfect for catching sunrises and sunsets. Ideal for multi-family living, vacationing or investment, the 2nd and 3rd floors are self contained with access through interior shared stairwell, including their own full kitchens, laundry, living and dining areas and private porches providing flexibility for guests and extended family. Enjoy direct beach access, large covered outdoor space beneath the home perfect for hosting large gatherings, family events or holiday celebrations. Build a private dock with boat house and lift on Bayside or take a short golf cart drive to the nearby marina for dry storage options and marina services. Whether you are seeking a personal coastal escape or a lucrative rental property, this home delivers on space, location and lifestyle!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size3,462 sqft
BasementYes
Lot size0.62 Acres
Year built2006
MLS #385695
FireplaceGas
ViewOcean, Bay

Summary

  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: High Ceilings, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Fireplace: Gas
  • Total Bedroom Count: 7
  • Private Pool: No
  • View: Ocean, Bay
  • Architectural Style: Traditional
  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $1,999,000
  • Price/SqFt: $577
  • Annual Tax Amount: $14,073
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: Hwy 98 to L on Alligator Drive, continue, house on L
  • Year Built: 2006
  • Living Area: 3,462 SqFt
  • Lot Size: 0.62 Acres
  • MLS Number: 385695
  • MLS Name: Tallahassee
  • Office Name: Rebecca Mayhann Properties
  • Office Phone: (850) 661-5386
  • Office Email: rebecca.mayhann@gmail.com

© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is 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. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,066,489$14,073
2022$1,028,812$6,180
2021$991,512$11,930
2020$998,970$12,000

History based on county public records data.

Nearby schools

6

Medart Elementary School

Public District PK-5

12.3 mi

2558 Coastal Hwy

6

Crawfordville Elementary School

Public District KG-5

19.3 mi

379 Arran Rd

7

Shadeville Elementary School

Public District KG-5

22.3 mi

45 Warrior Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,736. The majority of Panacea, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

20%
<35k
45%
35k-100k
25%
100k-200k
10%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
5%
12-17 yrs old
6%
18-34 yrs old
52%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • OldsmobileOldsmobile
  • CadillacCadillac

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 1573 Alligator Dr

The listing price of 1573 Alligator Dr property is $1,999,000.

The property 1573 Alligator Dr is a house located in Panacea, Florida, 32346.

Active Listing: 1573 Alligator Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1573 Alligator Dr are: Medart Elementary School (GreatSchools Rating 6/10), Crawfordville Elementary School (GreatSchools Rating 6/10), Shadeville Elementary School (GreatSchools Rating 7/10), Wakulla Middle School (GreatSchools Rating 5/10), Wakulla Coast Charter School of Arts Science & Technology (GreatSchools Rating 2/10), Riversprings Middle School (GreatSchools Rating 4/10), Wakulla High School (GreatSchools Rating 6/10), Franklin County School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $14,073 (source: MLS/based on county public records data).

The property at 1573 Alligator Dr has 7 bedrooms and 4 bathrooms.

The property 1573 Alligator Dr is 3,462 SqFt (source: MLS/tax record).

The year of construction for 1573 Alligator Dr is 2006.

This home is located at 1573 Alligator Dr in Panacea, FL and zip code 32346. This 3,462 square foot home, which was built in 2006, sits on a 0.62 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $1,999,000.

From Rocket Homes Real Estate and based on county public records data.

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