Address
151 Otter Lake Road, Panacea, FL
Price
$ 279,900
Property Attributes
  • MLS#403904
  • TypeSingle Family
  • Listing Status Active
  • CountyWAKULLA
  • CityPanacea
  • AreaWakulla
  • NeighborhoodJoseph Lee Estates
  • Zip32346
  • StyleOne Story,Traditional
  • Year Built1972
  • Taxes$ 1156
  • Price$ 279,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1196
  • Lot Size0.18 Acres
Data Source:
Tallahassee MLS (TBRMLS)
Property Description

Fully renovated 3BR/2BA home with 1,196 sq ft in Panacea. New metal roof, new vinyl siding, and a complete interior gut including new walls, plumbing, electrical, windows, doors, and HVAC. Only the original shell remains—everything else is new. The kitchen features new cabinets, countertops, and appliances including a dishwasher and garbage disposal, plus a convenient laundry room and pantry just off the kitchen. Move-in ready and ideal as a full-time residence, second home, or investment property in a quiet coastal golf cart community where all the restaurants and stores are just a short golf cart ride away, with easy access to fishing, boating, and the natural beauty of Florida’s Forgotten Coast.

Elementary School Middle School High School
Medart Elementary School Wakulla Middle School Wakulla High School
Price History
8/19/2026 Listed $279,900

General Features

Living Area 1196.0
Heating Central
Cooling CentralAir,CeilingFans
Appliances Dryer,Dishwasher,Disposal,IceMaker,Microwave,Oven,Range,Refrigerator,Washer
HOA Fee 0.0
Association Fee Includes Trash
Patio/Porch Features Patio
Architectural Style OneStory,Traditional
Construction Materials Brick,VinylSiding
Year Built 1972
View None
Stories Count 1
Property Subtype Detached
County Wakulla
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Joseph Lee Estates
Garage Y/N No
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Hwy 98 to Otter Creek Rd,house on left
High School WAKULLA
City Panacea
Disclosures OwnerIsListingAgent
Senior Community Y/N No
MLS Area Wakulla
Carport Y/N No
Listing Terms Conventional,FHA,UsdaLoan,VaLoan
Elementary School MEDART
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1156.0
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
Standard Status Active
Tax Lot 8
Property Sub Type Additional Detached,SingleFamilyResidence
MobileHomeRemainsYN No
PostalCity PANACEA

Interior Features

Interior Amenities Pantry
Flooring Plank,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Room Type Pantry,UtilityRoom
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Fencing Partial
Parking Features Driveway
Spa No
Building Area Total 1196.0
Lot Dimensions 75x100x75x100
Lot Size Acres 0.18
Road Surface Type Paved
Private Pool No
Waterfront Y/N No
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
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 $1,000K
$280K
Year Built
AVG 1984
1972

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