88 River Dr, Panacea, FL 32346
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FOR SALE
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88 River Dr
Panacea, FL 32346

  • 3 Beds
  • 2 Baths
  • 1,767 sqft

$579,000

Est. Mortgage $3,644/mo*

$579,000

Est. Mortgage $3,644/mo*
3 Beds
2 Baths
1,767 sqft
We estimate this home will sell faster than 96% nearby.

Local Information

  • Map ViewExplore the area around 88 River Dr.
  • Schools2 Preschool Schools3 Elementary Schools3 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to 88 River Drive in Panacea, Florida—a charming coastal property where relaxed living meets the beauty of Florida's Forgotten Coast. Whether you're looking for a full-time residence, a weekend retreat, or an investment opportunity, this home offers the perfect setting to enjoy the laid-back waterfront lifestyle. Located just minutes from boat ramps, marinas, fishing, and some of the area's best seafood restaurants, you'll have easy access to everything that makes Panacea such a desirable destination. Spend your days boating, fishing, kayaking, or exploring nearby beaches and nature preserves, then return home to unwind in the peaceful surroundings. The property offers a comfortable layout with inviting living spaces, making it ideal for entertaining family and friends or simply enjoying quiet evenings at home. With its convenient location near the Gulf Coast and easy access to Crawfordville and Tallahassee, this home combines small-town charm with everyday convenience. If you've been searching for an affordable slice of Florida's coastal lifestyle, 88 River Drive is ready to welcome you home. New roof in 2025, Mini splits added 5 years ago, new windows in the downstairs area of the home. New stove (2025) New refrigerator (2024), New dishwasher (2022).
We estimate this home will sell faster than 96% nearby.

Home Highlights

Parking
2 Carport Spaces
Outdoor
Porch, Patio, Deck
View
Bay
HOA
None
Price/Sqft
$328
Listed
10 days ago

Home Details for 88 River Dr

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1767 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Ice Maker, Oven, Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Ductless
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Tile
View
Has a ViewView: Bay

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, Patio, Porch, ScreenedFencing: FencedExterior: Fully FencedNo Private Pool
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo Attached GarageParking Spaces: 2Parking: Carport,Two Spaces
Frontage
WaterfrontWaterfront: Bay AccessRoad Surface Type: UnimprovedOn Waterfront

Days on Market

Cumulative Days on Market: 13Days on Market: 10

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story,Traditional
Building
Construction Materials: Wood SidingNot Attached PropertyDoes Not Include Home Warranty

Price & Status

Price
List Price: $579,000Price Per Sqft: $328

Active Status

MLS Status: Active

Location

Direction & Address
City: PanaceaCommunity: RIVER BEND
School Information
Elementary School: MEDARTJr High / Middle School: WAKULLAHigh School: WAKULLA

Agent Information

Listing Agent
Listing ID: 402122

Building

Building Area
Building Area: 1767 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyHOA Fee: No HOA Fee

Lot Information

Lot Area: 8276.4 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 402122Living Area Range Units: Square FeetWater ViewWater View: BayAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet

Additional Information

Days On Market Replication: 13
Last check for updates: about 11 hours ago
Listing courtesy of Katherine N Lewis, (904) 615-4991
Waypoint Properties
Source: TBR, MLS#402122
Also Listed on TBR.

Market trends in Panacea

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
66
8
MoM

Price History for 88 River Dr

DatePriceEventSource
07/07/2026$579,000Listed For SaleTBR #402122
05/27/2021$385,000Sold
TBR #331508
04/30/2021$375,000ContingentTBR #331508
04/28/2021$375,000Listed For SaleTBR #331508
04/07/2004$533,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$4,391
Assessment$360,217
Home facts updated by county records

Comparable Sales for 88 River Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$510,000
03/13/26
2
2
1,230
0.28
Single-Family Home
$334,000
02/20/26
2
2
1,040
0.49
Single-Family Home
$290,000
11/13/25
3
1
1,334
0.58
Single-Family Home
$750,000
07/02/26
3
2
1,854
1.00
Single-Family Home
$450,000
06/22/26
3
2
1,517
0.83
Single-Family Home
$299,900
07/24/25
3
2
1,560
1.08
Single-Family Home
$306,500
09/05/25
3
2
1,969
1.67
Single-Family Home
$500,000
05/01/26
2
2
1,600

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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What Locals Say about Panacea

At least 8 Trulia users voted on each feature.
  • 88 % Say yards are well-kept

  • 83 % Say there's wildlife

  • 78 % Say car is needed

  • 75 % Say it's dog friendly

  • 75 % Say it's quiet

  • 73 % Say parking is easy

  • 64 % Say there's holiday spirit

  • 58 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 44 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say there are community events

  • 27 % Say streets are well-lit

  • 20 % Say it's walkable to restaurants

  • 18 % Say there are sidewalks

  • 18 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Ronald Rueth
    "I like it because fishing is only 2 minutes away I like it because it is out in the country and life is just at the pace for my life . It’s just close enough to the city to commute for work and family outings but far enough away to keep most of the crime down "
  • Rachel Frank
    "Ok stay away from to be in body in life anywhere but here would be great stay way from drugs and stay in school "
  • Jewels20045
    "We only have two Blue crab festival and Christmas parade We have nothing here for a grocery stores d the few stores we do have have nothing to offer"
  • Jewels20045
    "Everything you can have as many as you want and no one says anything about it so go out and get as many as you want np at all"
  • Greg R.
    "A few Festivals throughout the year. Fishing and Crabing hotspots. Boat launch and Marinas. Oyster bars and summer celebrations "
  • Angel.powell999
    "It’s okay to live here I guess. Only place buy food is the Dollar General... got to find the right neighborhood because some people are known to do drugs. My neighborhood is great with good people. You just gotta look for the right place for you."
  • Trulia User
    "I lived in the area from 1998-2016 and still visit frequently to spend time with family. It’s a nice rural/coastal community where folks are quick to smile, and happy to help ! The schools are good, and I didn’t experience any crime while living there."
  • tidesoutfarm
    "I own a small second home in the area. If you are a person interested in quiet, nature, outdoor activities, etc. Then this is the place for you. If you are interested in nightlife, fine dining, and city living, don't bother. There are restaurants in the area that have good seafood but some are overpriced and others are just filling. Be prepared to cook for yourself. The fast food franchises are a good 15-20 miles away. There are farmers markets, lots of diverse entertainment and festivals going on almost every weekend. Something for almost everyone who can think outside the box. "

LGBTQ Local Legal Protections

Katherine N Lewis, Waypoint Properties
Agent Phone: (904) 615-4991
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
88 River Dr, Panacea, FL 32346 is a 3 bedroom, 2 bathroom, 1,767 sqft single-family home built in 1981. This property is currently available for sale and was listed by TBR on Jul 7, 2026. The MLS # for this home is MLS# 402122.