
Residential Land for Sale in Panacea, Florida
1187 Alligator Dr, Panacea, FL 32346
Beachfront Vacant Lot - Alligator Point, Florida: The Forgotten Coast's One of the Last Remaining Homesites on these Gulf waters. Discover a rare opportunity to own one of the last available buildable beachfront lot on the Gulf side of Alligator Point-a true coastal gem along Florida's unspoiled Forgotten Coast. This spectacular property offers everything you need to create the ultimate seaside retreat. Build Your Dream Home: Wake up to gentle waves, warm breezes, and endless horizons. With direct beach frontage and ample space for custom construction, this lot is the perfect canvas for your coastal getaway or full-time residence. Spectacular Sunrise and Sunset Views: Positioned ideally along Alligator Point's sweeping shoreline, the property offers the unique luxury of watching the sun rise over the Gulf and experience the vibrant colors of the sunset sky displayed each night; right from your future porch. Prime Beach Location: Live steps from the sand on a quiet stretch of coastline known for its natural beauty, wildlife, boating, fishing, and relaxed atmosphere. Enjoy miles of pristine beach with fewer crowds and more peace. A Rare Find at an Affordable Price: Opportunities like this are nearly unheard of. With only a few beachfront lots on Alligator Point currently available, this property delivers exceptional value for buyers seeking coastal living without the premium price tag seen elsewhere.
Location
- Street address
- 1187 Alligator Dr
- County
- Franklin County
- Community
- Holiday Beach
- Elevation
- 8 feet
Directions
Hwy 98, turn onto Alligator Drive, continue on Alligator Drive, past Bald Pt Rd, Lot on Lt w/ sign.
Property details
- Lot size
- 0.42 acres18,295 sq ft
- MLS #
- TBR 393890
- Posted
Property taxes
- Recent
- $3,924
Parcels
- 12037-05-07S-01W-1032-0000-0340
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Vegetation
- Brush, Wooded
- View
- Park
- Features
- Rectangular Lot
Structure
- Sewer
- Septic Needed
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Franklin County High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 5, 2025 | New listing | $475,000 | — | TBR |























