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Breathtaking Gulf views and coastal charm await at this light-filled retreat along Florida’s sought-after Forgotten Coast. From dolphins playing in the surf to pelicans diving for their next catch and sea turtles nesting along the shoreline, this home offers a true front-row seat to nature’s beauty. Step inside through a welcoming foyer into a bright, open living space featuring floor-to-ceiling windows that perfectly frame spectacular sunrises and sunsets over the water. Fresh interior and exterior paint, along with newly refinished floors, create a clean, coastal feel throughout. Enjoy gentle sea breezes and endless ocean vistas from the expansive deck and ceiling to floor windows—ideal for entertaining, relaxing, or simply soaking in the peaceful surroundings. The updated kitchen offers bar seating and a spacious dining area, perfect for everything from casual breakfasts to evening gatherings after a day on the beach. A rare coastal convenience, the property includes a private, fenced boat or RV parking area complete with 50A/120V full hook-up, pump-out, and water access. Recent upgrades, including HVAC (2024), roof (2022), water heater (2020), and new hardie board installed under the home to provide peace of mind for years to come. Whether you're searching for an income-producing vacation rental, a relaxing second home, or your own full-time coastal escape, this property delivers. Come experience the tranquility, charm, and unforgettable views of this coastal cottage—where every sunrise and sunset feels like your own private paradise.

  • Bedrooms
    3
  • Bathrooms
    3
  • Year Built
    1982
  • Stories
    1.0
  • Architectural Style
    Traditional, Cottage, One Story, Two Story
  • Construction Materials
    Vinyl Siding, Fiber Cement
  • Parking Features
    Driveway
  • Living Area
    1376.0
  • Interior Features
    Vaulted Ceiling(s), Pantry, Master Downstairs, High Ceilings, Entrance Foyer, Tray Ceiling(s)
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Cooktop, Oven
  • Flooring
    Hardwood, Tile
  • Patio And Porch
    Deck
  • Cooling
    Ceiling Fan(s), Central Air, Electric
  • Heating
    Electric, Central

  • Acres
    0.45
  • Lot Features
    Waterfront
  • Water Front
    Yes
  • View
    Ocean

  • Area
    Franklin
  • County
    Franklin
  • City
    Panacea
  • Neighborhood
    HOLIDAY BEACH UNIT 2
  • Zip Code
    32346
  • High School
    Franklin County High School
  • Middle School
    Franklin County Middle School
  • Elementary School
    OTHER COUNTY

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Frequently Asked Questions

How do I schedule a tour of 1171 Alligator Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1171 Alligator Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1171 Alligator Dr?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $799,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Panacea, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1171 Alligator Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1171 Alligator Dr at around $5,023. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1171 Alligator Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Franklin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1171 Alligator Dr?

In most cases, yes. Whether 1171 Alligator Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Panacea's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1171 Alligator Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Panacea and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $799,900 with 1,376 sqft of space—that comes out to approximately $581 per square foot.

How long has this property been on the market?

1171 Alligator Dr was listed on April 05, 2026, which means it's been on the market for 222 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1982, making it approximately 44 years old.

What is the lot size of this property?

1171 Alligator Dr sits on a 0.45-acre lot, which is 19,602 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: OTHER COUNTY
  • Middle: Franklin County Middle School
  • High: Franklin County High School

Want to see how these schools compare? Check out our Franklin County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1171 Alligator Dr?

The most recent public record shows annual property taxes for 1171 Alligator Dr were approximately $5,653. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1171 Alligator Dr still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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