16,552 / 0.38
Lot Size / Acres

Description

Discover a rare opportunity to own prime bayfront property in Alligator Point one of Florida’s most treasured and unspoiled coastal communities along the “Forgotten Coast.” Nestled within the desirable Pelican Bay area, this exceptional homesite offers 129 feet of direct bay frontage on the calm, protected waters of Alligator Harbor. Property has 10 ft deeded access to Gulf. Spanning .384 acres, this oversized lot provides the perfect canvas to design and build your custom coastal retreat. Enjoy...Discover a rare opportunity to own prime bayfront property in Alligator Point one of Florida’s most treasured and unspoiled coastal communities along the “Forgotten Coast.” Nestled within the desirable Pelican Bay area, this exceptional homesite offers 129 feet of direct bay frontage on the calm, protected waters of Alligator Harbor. Property has 10 ft deeded access to Gulf. Spanning .384 acres, this oversized lot provides the perfect canvas to design and build your custom coastal retreat. Enjoy sweeping water views, breathtaking sunsets, and immediate access to some of the region’s best inshore fishing, boating, and wildlife viewing. The property includes deeded access to the Gulf of Mexico, allowing you to easily navigate from your backyard to open water adventures. Private docks are permitted, making it ideal for boating enthusiasts seeking both convenience and flexibility. Located on a narrow peninsula between the Gulf and bay, Alligator Point is known for its quiet, low-density charm, pristine natural beauty, and miles of uncrowded beaches. Whether you’re kayaking the shallow bay, fishing the productive estuary waters, or enjoying peaceful coastal living, this property delivers an unmatched Old Florida lifestyle. A truly unique offering—build your dream home where serenity, nature, and waterfront living come together. All measurements are approximate.
  1. Listed by Robert Miller • WIP Realty

Property Details for Pelican Street

Waterfront
Yes
View
Gulf
View
Yes
LISTING UPDATED: 04/27/2026 02:12 AM

Property Details for Pelican Street

StatusActive
MLS #398848
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.38 AC
CountyWakulla County

Location

Listing Courtesy of WIP Realty
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Building Information for Pelican Street

Lot Size0.38 AC

Payment Calculator

$598 per month

30 year fixed, 6.36% Interest

Principal and Interest

$598

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Pelican Street

Summary
Location and General Information
  • City: Alligator Point
  • County Or Parish: Franklin
  • Directions: S on 98, to Alligator Pt Rd, to Pelican St; R on Pelican
  • Postal Code: 32346
  • Latitude: 29.98300525
  • Longitude: -84.39340652
  • State Or Province: FL
  • Topography: Other
  • Road Surface Type: Paved
Taxes and HOA Information
  • Parcel Number: 12037-05-07S-01W-0000-0280-0010
  • Tax Lot: 7
School Information
  • Elementary School: Other
  • High School: Franklin County High School
  • Middle Or Junior School: Franklin County Middle School
Property
Lot Information
  • Lot Features: LessThanOneAcre
  • Lot Size Acres: 0.38
Property and Assessments
  • Development Status: RawLand
  • Other Structures: None
  • Property Type: Land
  • Property Sub Type: UnimprovedLand
  • Property SubType Additional: UnimprovedLand
  • Human Modified: No
Utilities
  • Sewer: None
  • Utilities: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Frontage Type: Oceanfront, Waterfront
Rental
Rental Information
  • Lease Considered: No

Property History for Pelican Street

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

CATRS #398848

$120,000
DateEvent & SourcePrice
04/17/2026

Listed (Active)

CATRS #398848

$120,000

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

Schools near Pelican Street

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

Wakulla Middle School
Public6 to 8

Wakulla High School
Public9 to 12

Alternative High School Program
Public9 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.

Similar Homes

Pelican Street is a 0.38 ac of land for sale in Alligator Point, FL 32346. This property was listed for sale on April 17, 2026 by WIP Realty, it's currently listed at $120,000. This listing's school district is Wakulla. Nearby schools include Medart Elementary School, Wakulla Middle School and Wakulla High School. Pelican Street is a 0-bed, 0-bath, 0.38 ac of land on a 16,552 sq. ft. / 0.38 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 WIP 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.