Price Reduction - Waterfront
Address
88 River Drive, Panacea, FL
Price
$ 569,000
Property Attributes
  • MLS#402122
  • TypeSingle Family
  • Listing Status Active
  • CountyWAKULLA
  • CityPanacea
  • AreaWakulla
  • NeighborhoodRIVER BEND
  • Zip32346
  • StyleTwo Story,Traditional
  • Year Built1981
  • Taxes$ 4391
  • Price$ 569,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1767
  • Lot Size0.19 Acres
Data Source:
Tallahassee MLS (TBRMLS)
Property Description

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.

Elementary School Middle School High School
Medart Elementary School Wakulla Middle School Wakulla High School
Price History
7/7/2026 Listed $579,000
9/10/2026 2$569,000

General Features

Living Area 1767.0
Cooling Ductless
Appliances Dryer,Dishwasher,IceMaker,Oven,Range,Refrigerator,Washer
HOA Fee 0.0
Patio/Porch Features Covered,Deck,Patio,Porch,Screened
Architectural Style TwoStory,Traditional
Construction Materials WoodSiding
Year Built 1981
View Bay
Stories Count 2
Property Subtype Detached
Waterfront Features BayAccess
County Wakulla
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name RIVER BEND
Garage Y/N No
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Hwy 98 to Surf Road turn right at light. Surf Road to River Dr turn left. House on left.
High School WAKULLA
City Panacea
Senior Community Y/N No
MLS Area Wakulla
Carport Spaces 2.0
Carport Y/N Yes
Listing Terms Cash,Conventional,FHA,VaLoan
Elementary School MEDART
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4391.0
Home Warranty Y/N No
Middle/Junior High School WAKULLA
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://youtu.be/j3lQG_Km4oo
Standard Status Active
Tax Lot 19
Property Sub Type Additional Detached,SingleFamilyResidence
MobileHomeRemainsYN No
PostalCity PANACEA

Interior Features

Interior Amenities Other,UpperLevelPrimary
Flooring Carpet,Tile
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Total Bedrooms 3
Room Type ScreenedPorch
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities FullyFenced
Fencing Fenced
Parking Features Carport,TwoSpaces
Spa No
Building Area Total 1767.0
Lot Size Acres 0.19
Road Surface Type Unimproved
Private Pool No
Waterfront Y/N Yes
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32346

Price
AVG $760K
$570K
Taxes
AVG $25,857
$4,391
Year Built
AVG 1984
1981
Visits
AVG 10
3
Data Provided by Inside Real Estate®

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