- 3
- beds
- 2
- baths
- 1,767
- sqft
- 1981
- year built
- Status:
- Active
- MLS #:
- 402122
- Neighborhood:
- RIVER BEND
- County:
- Wakulla
- Listed By:
- Katherine N Lewis - Waypoint Properties
- Agent Phone:
- (904) 615-4991
- Agent Email:
- Kathylewis@wptproperties.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Welcome to 88 River Drive in Panacea, Florida—a charming coastal property where relaxed living meets the beauty of Florida's Forgotten Coast. Whether you're looking for a full-time residence, a weekend retreat, or an investment opportunity, this home offers the perfect setting to enjoy the laid-back waterfront lifestyle. Located just minutes from boat ramps, marinas, fishing, and some of the area's best seafood restaurants, you'll have easy access to everything that makes Panacea such a desirable destination. Spend your days boating, fishing, kayaking, or exploring nearby beaches and nature preserves, then return home to unwind in the peaceful surroundings. The property offers a comfortable layout with inviting living spaces, making it ideal for entertaining family and friends or simply enjoying quiet evenings at home. With its convenient location near the Gulf Coast and easy access to Crawfordville and Tallahassee, this home combines small-town charm with everyday convenience. If you've been searching for an affordable slice of Florida's coastal lifestyle, 88 River Drive is ready to welcome you home. New roof in 2025, Mini splits added 5 years ago, new windows in the downstairs area of the home. New stove (2025) New refrigerator (2024), New dishwasher (2022). Owner is offering a $10,000.00 Concession to use for closing cost or house upgrades. buyers choice.
Highlights
- Residential
- Single Family Residence
- Built in 1981
- 0.19 Acre Lot
- Waterfront
- 129 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2
-
- Year Built
- 1981
-
- Stories
- 2.0
-
- Architectural Style
- Traditional, Two Story
-
- Construction Materials
- Wood Siding
-
- Living Area
- 1767.0
-
- Interior Features
- Other
-
- Appliances
- Dryer, Dishwasher, Refrigerator, Washer, Range, Oven, Ice Maker
-
- Flooring
- Tile, Carpet
-
- Patio And Porch
- Covered, Patio, Deck, Porch, Screened
-
- Cooling
- Ductless
-
- Acres
- 0.19
-
- Lot Features
- Waterfront
-
- Water Front
- Yes
-
- View
- Bay
-
- Area
- Wakulla
-
- County
- Wakulla
-
- City
- Panacea
-
- Neighborhood
- RIVER BEND
-
- Zip Code
- 32346
-
- High School
- WAKULLA
-
- Middle School
- WAKULLA
-
- Elementary School
- MEDART
-
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Estimated Value
$510,721
$429,005 - $592,436
Source: Constellation Data Labs
Price History
| 05/27/2021 | Sold | $385,000 |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #331508 | ||
| Listed | $375,000 | |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #331508 | ||
| 09/10/2026 | Price Changed | $569,000 |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #402122 | ||
| 07/07/2026 | Listed | $579,000 |
| Source: Capital Area Technology & REALTOR Services (Tallahassee Board of REALTORS) #402122 | ||
Source: MLS Data
Deed History
| 05/28/2021 | Warranty Deed | $385,000 |
| 04/07/2004 | Warranty Deed | $533,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Panacea
There are currently 30 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.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 6 zip codes in Wakulla County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 88 River 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 88 River 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 88 River Dr?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $569,000. 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 do I get a virtual tour of 88 River Dr?
Yes! A virtual tour is available for 88 River Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 88 River 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 88 River Dr at around $3,604. 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 88 River 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 Wakulla 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 88 River Dr?
In most cases, yes. Whether 88 River 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 88 River 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 $569,000 with 1,767 sqft of space—that comes out to approximately $322 per square foot.
How long has this property been on the market?
88 River Dr was listed on July 07, 2026, which means it's been on the market for 129 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 1981, making it approximately 45 years old.
What is the lot size of this property?
88 River Dr sits on a 0.19-acre lot, which is 8,276 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: MEDART
- Middle: WAKULLA
- High: WAKULLA
Want to see how these schools compare? Check out our Wakulla County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 88 River Dr?
The most recent public record shows annual property taxes for 88 River Dr were approximately $4,391. 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 88 River 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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The data relating to real estate for sale on this website comes in part from a cooperative data exchange program of the Tallahassee Board of REALTORS®. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc are marked with the listing broker's logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Use of search facilities of data on the site, other than by a consumer looking to buy, sell or lease real estate, is prohibited. Copyright ©2026 Tallahassee Board of REALTORS®. All Rights Reserved.