Sold
Last Sold Price
56,628 Lot Size1.3 Acres
182 Levy Bay Rd, Panacea, FL 32346
LandProperty Type
1.3 acresLot Size

Description

Discover a truly special opportunity to build your dream home on this rare 1-acre bayfront property offering approximately 120 feet of stunning bay frontage. With city water, city sewer and a power pole already in place, much of the essential infrastructure is ready to go—saving time and expense during the building process. No HOA means you have the flexibility to design your property your way, while still leaving a natural green buffer for privacy if desired. The existing home has no value, giving...Discover a truly special opportunity to build your dream home on this rare 1-acre bayfront property offering approximately 120 feet of stunning bay frontage. With city water, city sewer and a power pole already in place, much of the essential infrastructure is ready to go—saving time and expense during the building process. No HOA means you have the flexibility to design your property your way, while still leaving a natural green buffer for privacy if desired. The existing home has no value, giving you a clean slate to create the custom coastal retreat you’ve always envisioned. Nestled in the relaxed, laid-back coastal city of Panacea, this golf-cart-friendly community is known for its terrific local restaurants, fantastic bay and Gulf fishing, and charming festivals and small-town parades. Enjoy the peaceful Old Florida lifestyle while being just minutes from everything that makes Panacea such a beloved destination. An incredible waterfront canvas—ready for your vision.
  • Listed by: Tara Morgan • GF&A Realty
Listing closed: 01/29/2026 01:00 AM • Source: CATRS, MLS#: 394119

Recent comparable sales

Median sold price

$50,000

Avg days on market

94

Sale-to-list ratio

79.0%

Panacea, FL

9 comparable properties found

a view of a yard with plants and trees
1/2
1

$120,000

Sold 04/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.66
Acres
$95,000 | Xxx Clark Drive, Panacea, FL 32346
1/11
2

$95,000

Sold 02/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
$90,000 | 337 Levy Bay Road, Panacea, FL 32346
1/13
3

$90,000

Sold 08/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.98
Acres
$30,253 | 149 Levy Bay Road, Panacea, FL 32346
1/5
4

$30,253

Sold 09/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$50,000 | Lot 13 Satilla Avenue, Panacea, FL 32346
1/2
5

$50,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$50,000 | 129 Mississippi Avenue, Panacea, FL 32346
1/22
6

$50,000

Sold 09/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$19,000 | 128 Chipola Street, Panacea, FL 32346
1/11
7

$19,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$15,000 | Xx Alapaha Avenue, Panacea, FL 32346
1/2
8

$15,000

Sold 03/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$36,000 | X Palmdale Street, Panacea, FL 32346
1/11
9

$36,000

Sold 03/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres

Location

Listing Courtesy of GF&A Realty

Sold By Bluewater Realty Group

Add your commute

Payment Calculator

$778 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 182 Levy Bay Road

Property Details
  • Taxes: $1,708 / year
  • MLS Type: Land / Unimproved Land
  • Waterfront: Yes
  • Subdivision Name: AQUA DE VIDA
Building Information
  • Lot Size: 1.30 AC
Summary
Location and General Information
  • City: Panacea
  • County Or Parish: Wakulla
  • Directions: 319 S, R on US98 to Panacea, L on Levy Bay Rd, property on L, sign on property
  • Postal Code: 32346
  • Latitude: 30.014828
  • Longitude: -84.384974
  • State Or Province: FL
  • Topography: Level
  • Road Surface Type: Paved
Taxes and HOA Information
  • Parcel Number: 12129-25-5S-02W-046-03310-000
  • Tax Annual Amount: $1,708.00
  • Tax Block: C
  • Tax Lot: 1
School Information
  • Elementary School: MEDART
  • High School: WAKULLA
  • Middle Or Junior School: WAKULLA
Property
Lot Information
  • Lot Features: OneOrMoreAcres, FloodZone, Level
  • Lot Size Acres: 1.3
  • Lot Size Dimensions: 120x498x120x455
Property and Assessments
  • Possible Use: Residential
  • Development Status: Other
  • Other Structures: Sheds
  • Property Type: Land
  • Property Sub Type: UnimprovedLand
  • Property SubType Additional: UnimprovedLand
  • Human Modified: No
Utilities
  • Sewer: NotConnectedNearby, PublicSewer
  • Utilities: ElectricityAvailable, SewerAvailable, WaterAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Frontage Type: BayHarbor
Rental
Rental Information
  • Lease Considered: No

Property History for 182 Levy Bay Road

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Sold

CATRS #394119

$125,000
Jan 27, 2026

Sold (Public Record)

Public Record #1929939077

$125,000
Jan 1, 2026

In Contract

CATRS #394119

DateEvent & SourcePrice
01/29/2026

Sold

CATRS #394119

$125,000
01/27/2026

Sold (Public Record)

Public Record #1929939077

$125,000
01/01/2026

In Contract

CATRS #394119

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

Public Records for 182 Levy Bay Road

Taxable ValueLand$60,000Additions$42,152Total$102,152
Tax Record2025$1,840 ($153 / month)
Home Facts
Beds2Baths1Total Finished SqFt932 SqFtAbove Grade Finished SqFt932 SqFtStories1Lot Size44,997 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1935ZoningP2CountyWAKULLAAPN25-5S-02W-046-03310-000

Schools near 182 Levy Bay 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 182 Levy Bay Road, Panacea, FL 32346
$125,000
56,628
$36,500
268,765
$7,500
2
1
712
14,462
2
1
1,012
7,492
$12,000
1
619
7,492
$80,000
2
654
18,730

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of GF&A Realty

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.