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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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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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