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Residential Land for Sale in Panacea, Florida

1187 Alligator Dr, Panacea, FL 32346

$475,000
0.42 acres
Active
ago
Est $3,569/mo

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
Community
Holiday Beach
Elevation
8 feet
Coordinates
29.8972, -84.3593

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

NameLevelDistrictDescription
Franklin County High SchoolHigh

Listing history

DateEventPriceChangeSource
Dec 5, 2025New listing$475,000TBR
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This 0.42-acre property is located at 1187 Alligator Dr in Panacea, FL 32346. The property is available for sale for $475,000.

Checked 20 mins ago — Updated

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