Panacea Real Estate

Panacea Real Estate

Welcome to Panacea, Florida – a hidden gem nestled along the picturesque Gulf Coast in Franklin County. This charming coastal community is renowned for its serene atmosphere, stunning natural beauty, and a lifestyle that beckons those seeking tranquility and adventure alike.

Panacea is ideally situated just a stone's throw away from the pristine shores of the Gulf of Mexico, offering residents and visitors easy access to sun-kissed beaches, crystal-clear waters, and vibrant marine life. Whether you're an avid angler, a boating enthusiast, or simply someone who enjoys leisurely strolls along the beach, Panacea has something for everyone. The nearby Apalachicola National Estuarine Research Reserve provides endless opportunities for exploration, with its lush landscapes and diverse ecosystems.

The town itself boasts a warm, welcoming community filled with friendly faces and a laid-back vibe. Local eateries serve up fresh seafood caught right from the Gulf, while charming shops showcase the work of talented artisans. Panacea is also known for its rich history and cultural heritage, with nearby landmarks that tell the story of this beautiful region.

For those considering a move, Panacea offers an array of real estate options, from cozy cottages to waterfront properties, all set against the backdrop of breathtaking sunsets and gentle ocean breezes. With a slower pace of life and a strong sense of community, Panacea embodies the quintessential Florida lifestyle.

Discover the allure of Panacea, where every day feels like a vacation, and the beauty of nature is just outside your door. Come and experience the magic of this coastal paradise!

Newest Listings in Panacea

$229,000
1 Beds ⋅ 1 Baths ⋅ 329474 MLS
Experience care-free Coastal living. Bayfront condo located in the Heart of Panacea. Enjoy resort-style amenities: community pool, tennis court, & gated entry. A scenic walking/bike path leads to quick & easy Beach/Boating access to enjoy the best of Florida's Forgotten Coast lifestyle. Prime location for both sunrise and sunsets & the convenience to walk to the popular shops, restaurants, and art galleries. HOA fees provide exceptional value: covering insurance, the entire exterior maintenance of the building, groundskeeping, onsite laundry facility; affording true care-free ownership. Short-term rentals allowed, making this an excellent investment opportunity, vacation retreat, or full-time residence. Relaxed waterfront living where you can even ride your golf cart to restaurants, stores, the Beach & more...

19 Mashes Sands Rd, Panacea
$260,000
2 Beds ⋅ 3 Baths ⋅ 329442 MLS
Escape to your own slice of paradise in this stunning 2-bedroom, 2.5-bath condo at Bayside Villas, perfectly situated on beautiful Ochlockonee Bay! This affordable oasis offers the best of coastal living with fantastic amenities right at your fingertips. Inside, you'll find a spacious layout featuring several new upgrades throughout, as well as a complete chefs kitchen with a huge fridge/freezer and 36" induction stove. Each bedroom and the living room boasts its own private balcony, giving you breathtaking views and fresh bay breezes. Newly upgraded kitchen and bathrooms include recessed lighting throughout and smart mirrors equipped in the bathroom vanities. Plus, you get a convenient two-car garage and in-unit washer and dryer to boot! Beyond your door, enjoy exclusive access to a community pool, tennis court, dock and pier, private gym, and a clubhouse fit for entertaining. This is truly a water lover's dream home just seconds from boat ramps, Mashes Sands beach, and the scenic bike trail. Don't miss this incredible opportunity to live the bayfront dream! ***Please note*** monthly association dues are $800 total, with $150/month towards community maintenance, upkeep, and amenities and $650/month for insurance.

2289 Surf Rd Unit C3, Panacea
$675,000
3 Beds ⋅ 3 Baths ⋅ 329397 MLS
Welcome to waterfront living on Ochlockonee Bay! Situated on approximately half an acre with beautiful bay views, this renovated 3-bedroom, 2.5-bath coastal cottage offers nearly 2,000 square feet of comfortable, single-level living along with a private dock providing access to a deep-water channel—an outstanding feature for boaters looking to enjoy the waters of Florida's Forgotten Coast. Inside, an open-concept kitchen, dining and living area creates an inviting space for entertaining, highlighted by vaulted ceilings, hardwood flooring, a fireplace and large windows that bring the waterfront setting indoors. The spacious primary suite has also been renovated and features a vaulted ceiling, sitting or office area, and its own mini-split system. Step outside to the large screened porch overlooking the bay, the perfect place to relax after a day on the water. Additional features include a 2019 metal roof, large laundry room, storage/workshop area, two-car carport and tankless water heater. With Angelo's nearby and convenient access to Alligator Point, St. Teresa and Tallahassee, this fully furnished property works equally well as a full-time waterfront residence, weekend retreat, or a turnkey coastal rental. Whether your days are spent fishing, boating, exploring the coast or simply enjoying the view, 2519 Surf Road offers the kind of laid-back waterfront lifestyle that makes this stretch of North Florida special.

2519 Surf Rd, Panacea
$169,000
329347 MLS
Build your coastal retreat on this .17-acre waterfront lot offering approximately 58 feet along Ochlockonee Bay. Located on River Cove off Surf Road, the property provides beautiful bay views and easy access to fishing, boating and the laid-back lifestyle of Florida's Forgotten Coast. Public water and sewer are available but are not currently connected. No HOA. A dock may be possible with all required approvals and permitting through the appropriate agencies. Convenient to nearby boat ramps, beaches, restaurants and outdoor recreation. The seller may consider including Lot 2 for an additional amount; Lot 2 is not available for purchase separately. Convenient to nearby boat ramps, beaches, restaurants and outdoor recreation.

Lot 1 River Cove Rd, Panacea
$250,000
3 Beds ⋅ 2 Baths ⋅ 329323 MLS
Bring the boat, pack a swimsuit and start enjoying the Forgotten Coast. Offered fully furnished, this recently updated three-bedroom, two-bath coastal cottage sits on three corner lots in the heart of Panacea, with access from both Koch Street and Hardee Avenue. The fenced yard is made for laid-back coastal living, with a large pool, covered deck and plenty of outdoor space for gathering, grilling or unwinding after a day on the water. A pole barn and separate storage shed provide room for boats, fishing gear and all the extras that come with life near the coast. Currently used as a short-term rental, the home is ready to continue welcoming guests or become your own furnished coastal retreat or full-time residence. Rock Landing, local boat launches, restaurants, parks and beaches are just minutes away, and Posey's Steam Room is within walking distance. Three lots, dual access, furnishings and room for the toys make this one easy to enjoy from day one.

92 Koch St, Panacea
$175,000
3 Beds ⋅ 2 Baths ⋅ 328701 MLS
Recently updated and move-in ready, this well-maintained mobile home in Panacea sits on a spacious 0.24-acre lot and offers both comfort and investment potential. Inside, you'll find fresh paint, durable luxury vinyl plank flooring throughout, and a desirable split-bedroom floor plan that provides privacy for family and guests. The spacious kitchen offers plenty of cabinet and counter space and opens to a cozy living area featuring a fireplace, creating the perfect gathering space. The primary suite has been beautifully updated with a custom tile shower, a separate soaking tub, and new bathroom vanities, giving it a modern, spa-like feel. Outside, enjoy a fully fenced backyard shaded by mature trees, ideal for pets, gardening, or outdoor entertaining. Additional features include a durable metal roof and ample outdoor space to enjoy the peaceful Panacea lifestyle. Whether you're looking for a primary residence, vacation getaway, or investment property, this home is worth a look. Previously used as a long-term rental, the property offers established rental income history and excellent potential for future investors.

27 Chehaw St, Panacea
$30,500
324903 MLS
The Refuge at Panacea offers premier lots in a private, gated community with close proximity to Ochlockonee Bay. These spacious home sites provide an ideal setting to construct your coastal dream home surrounded by lush natural landscapes backing up to the St Marks Refuge. Residents enjoy convenient access to nearby beaches, marinas, and a variety of dining options showcasing the local flavor. Public sewer, water and underground utilities already on site! An opportunity not to be missed for those seeking a luxurious waterfront lifestyle in this highly desirable Florida location.

Lot 48 Frogs Beckon Ct, Panacea
$49,500
324902 MLS
The Refuge at Panacea offers premier lots in a private, gated community with close proximity to Ochlockonee Bay. These spacious home sites provide an ideal setting to construct your coastal dream home surrounded by lush natural landscapes backing up to the St Marks Refuge. Residents enjoy convenient access to nearby beaches, marinas, and a variety of dining options showcasing the local flavor. Public sewer, water and underground utilities already on site! An opportunity not to be missed for those seeking a luxurious waterfront lifestyle in this highly desirable Florida location.

Lot 20 Surf Rd, Panacea
$27,500
324901 MLS
The Refuge at Panacea offers premier lots in a private, gated community with close proximity to Ochlockonee Bay. These spacious home sites provide an ideal setting to construct your coastal dream home surrounded by lush natural landscapes backing up to the St Marks Refuge. Residents enjoy convenient access to nearby beaches, marinas, and a variety of dining options showcasing the local flavor. Public sewer, water and underground utilities already on site! An opportunity not to be missed for those seeking a luxurious waterfront lifestyle in this highly desirable Florida location.

Lot 78 Surf Rd, Panacea
$45,000
324533 MLS
Discover your coastal paradise on this beautiful 0.48-acre lot in the charming fishing village of Panacea. Perfectly positioned for world-class flats and offshore fishing, with boat ramps just minutes away. Nestled in a peaceful, quiet neighborhood, this prime homesite has city utilities available along with SELLER FINANCING with 50% down—making your dream of Gulf Coast living more attainable than ever. Don't miss this rare opportunity!

Lot 10 Francis Dr, Panacea
$25,000
315546 MLS
This property boasts a prime location in the charming community of Panacea, FL. Situated close to the marina, public boat ramps, and a variety of dining options, it offers a lifestyle tailored to those who appreciate the coastal beauty of the area. Zoned for homes or mobile homes, this property offers you the freedom to design and build your dream home. Whether you envision a custom-built residence or prefer the convenience of a modular home, this location has the flexibility to make your vision a reality. Don't miss the chance to claim this exceptional property in a location that perfectly blends convenience and coastal charm. Whether you're looking for a place to retire, a vacation getaway, or a coastal retreat, this property provides a canvas for your vision and a prime spot in one of Florida's most picturesque coastal communities.

000 Bud Crum Rd, Panacea
Start Your Search