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$1,300,000

Beds
4
Baths
3.5
sq ft
2,100

1372 Chip Morrison Dr, Panacea, FL 32346

1372 Chip Morrison Dr

Panacea, FL 32346

  • 9 days on market
Luxury Coastal Retreat with Stunning Gulf Views & High-End Finishes. This breathtaking two-story coastal retreat is just steps from the Gulf and offers incredible 180° water views from multiple vantage points. Thoughtfully designed for energy efficiency and durability, this four-bedroom, 3.5-bath home combines high-end finishes, modern conveniences, and a prime location to create the ultimate beachside escape. Built on 32-foot in-ground cement pilings with hurricane-proof windows, hardy board siding, and a durable metal roof, this home is as strong as it is beautiful. Inside, an open floor plan with soaring ceilings and abundant natural light creates a bright, airy feel. The chef's kitchen is a true showpiece, featuring quartz countertops, custom Woodlane cabinetry, top-of-the-line stainless steel appliances, and generous counter space. Thoughtfully designed for both function and style, it serves as the perfect gathering space for friends and family. Both the downstairs and upstairs master suites offer private en-suites, ensuring comfort and convenience for owners and guests alike. Eight-foot doors, luxury finishes, and a wraparound porch with all-weather decking add to the home's sophisticated charm. Situated on oversized lot with ample covered parking, this property has beach access, allowing you to enjoy the sugar-white sands just steps from your front door. Sold fully furnished, this is a rare opportunity to own a turn-key slice of paradise. Schedule your private showing today and experience the coastal lifestyle at its finest!

Details

Property type

Single Family Residence

Est. home value

$281,110

Lot size

0.63 acres

Price per sq ft

$620

Year built

2023

Annual property taxes

$830

Price History

02/14/2025
Tallahassee

Tallahassee #381948

Listed
$1,300,000
+1268.42%
03/05/2021
Tallahassee

Tallahassee #323825

Sold
$95,000

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

Franklin County Middle School

High school: 

Franklin County High School

Seller’s Loan History

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

Lender

American Pacific Mortgage Corp

Loan start date

June 2023

Original loan amount

$303,000

Est. remaining balance

$297,379

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

William A Jacobs Jr and Teresa Ann Jacobs

Lender

American Pacific Mortgage Corp

Loan start date

March 2023

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Building or Construction Loan, 1 year

Seller

William A Jacobs Jr and Teresa A Jacobs

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: 02/24/2025 at 1:05 AM

Listing updated: 02/21/2025 at 1:21 AM

Listed by: Malissa Henning, EXP Realty, LLC Phone #: (888) 883-8509

MLS: Tallahassee #381948

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