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$599,750

Beds
2
Baths
2.0
sq ft
1,092

1268 Alligator Dr, Panacea, FL 32346

1268 Alligator Dr

Alligator Point, FL 32346

  • 144 days on market
    • Price drop $35,250↓
DRASTICALLY REDUCED! HIGHLY MOTIVATED SELLER! FULLY FURNISHED BEACH HOME!!! TURN KEY AS PRIMARY RESIDENCE OR FOR USE AS A RENTAL VACATION HOME! Make this your beach home today!!! Fantastic opportunity for anyone looking for a beach home or vacation rental! With its sturdy construction that has successfully weathered storms, this fully furnished two-bedroom, two-bath house offers peace of mind and comfort. The location, nestled between the Gulf and Alligator Harbor, is picturesque, and the screened porch must be a great spot to enjoy the ocean views. Nestled amongst palms and pines and between the Gulf and Alligator Harbor, this home was built in 1999 and has withstood the hurricanes that have pummeled the Gulf Coast withstanding it all. Hurricane Helene and Milton was definitely a test coming within a week of each other! The house sits on .41 acres, plenty of room in the yard for a boat and RV parking and a 50 amp service to plug into! The front porch is screened enclosed for beautiful views of the ocean. Yes, the house is not directly on the beach but across from it! The view is nothing short of spectacular! Large work shed in back for storage of fishing/water toys! There are many boat ramps in the immediate area for water access for your boat! Fishing season will soon be upon us again so don't miss this opportunity!!!

Details

Property type

Single Family Residence

Est. home value

$485,463

Lot size

0.41 acres

Price per sq ft

$550

Year built

1999

Price History

03/27/2025
Tallahassee

Tallahassee #378894

Price change
$599,750
-5.55%
02/20/2025
Tallahassee

Tallahassee #378894

Price change
$635,000
-5.93%
02/20/2025
Tallahassee

Tallahassee #378894

Price change
$675,000
+9.67%

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

Franklin County Middle School

High school: 

Franklin County High School

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$304,438
Asking price
$599,750
Closing costs (~8% of asking)
-$47,980
Est. remaining loan balance
-$247,332
Cash to seller
$304,438

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Centennial Bank

Loan start date

May 2021

Original loan amount

$269,250

Est. remaining balance

$247,332

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Walter A Kuck Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 8:10 AM

Listing updated: 03/30/2025 at 11:51 AM

Listed by: Armand G Reyes, Timber & Tides Real Estate Phone #: (850) 544-4655

MLS: Tallahassee #378894

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