- 2
- beds
- 1
- baths
- 900
- sqft
- 1967
- year built
- Status:
- Active
- MLS #:
- 398814
- Neighborhood:
- Penn Point
- County:
- Franklin
- Listed By:
- Anna P Smith - Rybak Realty, LLC
- Agent Phone:
- (850) 510-5775
- Agent Email:
- anna@agpbeach.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Experience coastal living at its finest with this charming Gulf-front beach cottage located on the pristine shores of Alligator Point Beach. This beautifully situated 2-bedroom, 1-bathroom retreat offers breathtaking, unobstructed views of the Gulf, where stunning sunsets and the soothing sound of waves become part of your everyday life. Step inside to a warm and inviting interior designed for relaxed beachside living, with natural light pouring in and coastal views from key living spaces. The open layout creates a comfortable flow, perfect for entertaining or unwinding after a day in the sun. In the cooler months, the wood burning fireplace creates added comfort. Outside, enjoy direct access to the beach just steps from your door—ideal for morning walks, shell collecting, or simply soaking in the serene surroundings. Whether you're seeking a peaceful personal getaway, a vacation rental investment, or a full-time residence, this property delivers the ultimate beachfront lifestyle. Don’t miss this rare opportunity to own a slice of paradise on Florida’s Gulf Coast.
Highlights
- Residential
- Single Family Residence
- Built in 1967
- 0.36 Acre Lot
- Waterfront
- 191 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 1
-
- Year Built
- 1967
-
- Stories
- 1.0
-
- Architectural Style
- Cottage, One Story, Walk Up
-
- Construction Materials
- Stucco, Block, Concrete
-
- Foundation
- Slab
-
- Parking Features
- Driveway
-
- Living Area
- 900.0
-
- Appliances
- Microwave, Refrigerator, Range, Oven, Ice Maker
-
- Flooring
- Tile, Other
-
- Patio And Porch
- Deck
-
- Cooling
- Central Air
-
- Heating
- Central, Wood
-
- Acres
- 0.36
-
- Lot Features
- Waterfront
-
- Water Front
- Yes
-
- View
- Ocean
-
- Area
- Franklin
-
- County
- Franklin
-
- City
- Panacea
-
- Neighborhood
- Penn Point
-
- Zip Code
- 32346
-
- High School
- Franklin County High School
-
- Middle School
- Franklin County Middle School
-
- Elementary School
- OTHER COUNTY
-
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Price History
| 09/30/2026 | Price Changed | $699,000 |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #398814 | ||
| 05/01/2026 | Listed | $725,000 |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #398814 | ||
Source: MLS Data
Deed History
| 06/26/2015 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
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There are currently 32 properties available in Panacea, with 2 under contract to close soon. Properties in the city have an average sale price of $312,669 and typically spend 170 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 1505 Alligator Dr?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $699,000. 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 1505 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 1505 Alligator Dr at around $3,978. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 1505 Alligator Dr?
In most cases, yes. Whether 1505 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 1505 Alligator Dr?
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What is the price per square foot for this home?
This home is listed at $699,000 with 900 sqft of space—that comes out to approximately $777 per square foot.
How long has this property been on the market?
1505 Alligator Dr was listed on May 01, 2026, which means it's been on the market for 191 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 1967, making it approximately 59 years old.
What is the lot size of this property?
1505 Alligator Dr sits on a 0.36-acre lot, which is 15,682 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.
Is 1505 Alligator Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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