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7 Beds
4 Baths
3,462 sqft

$1,650,000

1573 ALLIGATOR Drive, Panacea FL, 32346

Price per sqft$476.60
Built in2006
Property size3,462 sqft
Property typeResidential

Overview

Under contract

Active Under Contract

Listed Aug 26, 2026

Updated 3 weeks ago

Rare beach-to-bay property on Florida’s beautiful Forgotten Coast! Enjoy Gulf-front living with multiple decks perfect for watching spectacular sunrises and sunsets, plus the bonus of bay frontage and convenient access for boating and fishing. This unique 7-bedroom, 4-bath home offers incredible flexibility with two separate living levels. The second floor features 3 bedrooms and 2 baths, while the top floor offers 4 bedrooms and 2 baths. Use the levels separately for two families or parties, or combine them for larger groups and family gatherings. With a fantastic rental history, this property offers both an exceptional vacation home and an attractive income-producing opportunity. Enjoy the laid-back lifestyle of Alligator Point— beaches, boating, fishing, kayaking and easy access to the charming communities of Carrabelle, St. George Island and Apalachicola.

$10,977/mo

Est. mortgage payment based on a $1,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
404139

Interior Features

Bedrooms
7
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.62 Acres

Other Property Details

Taxes
$14,351
Tax Frequency
Annually
View
Yes
Waterfront
Yes

Courtesy of The Naumann Group Real Estate, ,
Listing Contact: 850-766-1444 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Molly Corder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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