3 beds1,196 sqft$234/sqft
151 Otter Lake Rd, Panacea, FL 32346
Est: $1,519/moGet pre-approved

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...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.
LISTING UPDATED: 08/19/2026 03:26 PM

  1. Listed by Denita Sky • Waypoint Properties

Property Details for 151 Otter Lake Road

Status
MLS #
403904
Days on Market
5
Taxes
$1,156 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached
Year Built
1972
Lot Size
0.18 AC / 7,840 SF
Architectural Style
OneStory, Traditional
Waterfront
No
Parking Features
Driveway
Subdivision Name
Joseph Lee Estates
View
None
View
No

Location

Listing Courtesy of Waypoint Properties
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Building Information for 151 Otter Lake Road

Stories1Year Built1972Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$1,519 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$96

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 151 Otter Lake Road

Summary
Location and General Information
  • City: Panacea
  • County Or Parish: Wakulla
  • Directions: Hwy 98 to Otter Creek Rd, house on left
  • Postal Code: 32346
  • Latitude: 30.029302
  • Longitude: -84.397958
  • State Or Province: FL
  • Road Surface Type: Paved
Taxes and HOA Information
  • Parcel Number: 12129-23-5S-02W-056-02821-000
  • Association Fee: $.00
  • Association Fee Includes: Trash
  • Tax Annual Amount: $1,156.00
  • Tax Block: G
  • Tax Lot: 8
School Information
  • Elementary School: MEDART
  • High School: WAKULLA
  • Middle Or Junior School: WAKULLA
Property
Lot Information
  • Building Area Source: Assessor
  • Building Area Total: 1196.0
  • Lot Size Acres: 0.18
  • Lot Size Dimensions: 75x100x75x100
  • Living Area: 1196.0
  • Living Area Source: Assessor
Property and Assessments
  • Property Attached: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property SubType Additional: Detached, SingleFamilyResidence
  • Year Built: 1972
  • Human Modified: No
  • Road Responsibility: PublicMaintainedRoad
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Pool Private: No
  • Construction Materials: Brick, VinylSiding
  • Patio And Porch Features: Patio
Interior Features
  • Stories: 1
  • Flooring: Plank, Vinyl
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: CentralAir, CeilingFans
  • Heating: Yes
  • Heating: Central
  • Appliances: Dryer, Dishwasher, Disposal, IceMaker, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Interior Features: Pantry
Room Information
Room 1
  • Room Dimensions: 13x11
  • Room Type: PrimaryBedroom
Room 2
  • Room Dimensions: 24x17
  • Room Type: LivingRoom
Room 3
  • Room Dimensions: 12x10
  • Room Type: Kitchen
Room 4
  • Room Dimensions: -
  • Room Type: FamilyRoom
Room 5
  • Room Dimensions: 10x7
  • Room Type: DiningRoom
Room 6
  • Room Dimensions: 11x9
  • Room Type: Bedroom3
Room 7
  • Room Dimensions: 9x5
  • Room Type: Other
Room 8
  • Room Dimensions: 13x11
  • Room Type: Bedroom2
Rental
Rental Information
  • Lease Considered: No

Property History for 151 Otter Lake Road

DateEvent & SourcePriceAppreciation
Aug 19, 2026

Listed (Active)

CATRS #403904

$279,900
DateEvent & SourcePrice
08/19/2026

Listed (Active)

CATRS #403904

$279,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 151 Otter Lake Road

Taxable ValueLand$5,000Additions$48,082Total$53,082
Tax Record2025$1,179 ($98 / month)
Home Facts
Beds2Baths1Total Finished SqFt976 SqFtAbove Grade Finished SqFt976 SqFtStories1Lot Size7,667 SqFtStyleSingle Family ResidenceYear Built1972Year Renovated1972CountyWAKULLAAPN23-5S-02W-056-02821-000

Schools near 151 Otter Lake Road

This home is within Wakulla.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Medart Elementary School
PublicPK to 5

Wakulla Middle School
Public6 to 8

Wakulla High School
Public9 to 12

Wakulla Institute
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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151 Otter Lake Road is a single family home for sale in Panacea, FL 32346. This property was listed for sale on August 19, 2026 by Waypoint Properties, it's currently listed at $279,900. This listing's school district is Wakulla. Nearby schools include Medart Elementary School, Wakulla Middle School and Wakulla High School. 151 Otter Lake Road is a 3-bed, 2-bath, 1,196 sqft single family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Waypoint Properties

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.