$579,000
- 3 Beds
- 2 Baths
- 1,767 sqft
88 River Dr, Panacea, FL 32346
Est. Mortgage $3,653/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 93% nearby.
Home Highlights
Property Type
Single-Family Home
Year Built
1981
Price/Sqft
$328
Parking
2 Carport Spaces
HOA
None
Local Information
-- mins to
About this House
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). Owner is offering a $10,000.00 Concession to use for closing cost or house upgrades. buyers choice.
Last check for updates: about 2 hours ago
Listing courtesy of Katherine N Lewis, (904) 615-4991
Waypoint Properties
Source: TBR, MLS#402122

Also Listed on TBR.
We estimate this home will sell faster than 93% nearby.
Home Details for 88 River Dr
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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 |
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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 |
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Cumulative Days on Market: 49Days on Market: 55 |
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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 |
Property Information Parcel Number: 12129036S02W03603839000 |
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Price List Price: $579,000Price Per Sqft: $328 |
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MLS Status: Active |
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Direction & Address City: PanaceaCommunity: RIVER BEND |
School Information Elementary School: MEDARTJr High / Middle School: WAKULLAHigh School: WAKULLA |
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Listing Agent Listing ID: 402122 |
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Building Area Building Area: 1767 Square Feet |
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HOA Fee Frequency (second): AnnuallyHOA Fee: No HOA Fee |
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Lot Area: 8276.4 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 402122Living Area Range Units: Square FeetWater ViewWater View: BayAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12129-N-12129036S02W03603839000-R-N |
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Days On Market Replication: 49 |
Around this home
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.
Market trends in Panacea
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
2MoM
Home Value
Trulia Estimate
$544KSince last month
Decreased$10K (-1.8%)Since last year
Increased$8K (+1.5%)Since last sale
Increased$159K (+41.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +65% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $544K |
| August 2026 | $544K |
| July 2026 | $554K |
| June 2026 | $532K |
| May 2026 | $525K |
| April 2026 | $522K |
| March 2026 | $519K |
| February 2026 | $526K |
| January 2026 | $509K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
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 | |
1.94 | Single-Family Home | $490,000 | 01/13/26 | 3 | 2 | 1,408 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $510,000 | 2 | 2 | 1,230 | Recently Sold | |
0.02 | $221,600 | - | - | - | Off Market | |
0.03 | $708,400 | 3 | 2 | 1,582 | Off Market | |
0.04 | $634,400 | 2 | 1.5 | 1,371 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.08 | $326,900 | 2 | 1.5 | 1,044 | Off Market | |
0.11 | $40,000 | - | - | - | Recently Sold | |
0.10 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.16 | $234,900 | - | - | - | For Sale |
Price and Tax history
| Date | Event | Price |
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Jul 7, 2026 Source: TBR #402122 | Listed For Sale | $579,000 |
May 27, 2021 Source: TBR #331508 | Sold | $385,000 |
Apr 30, 2021 Source: TBR #331508 | Contingent | $375,000 |
Apr 28, 2021 Source: TBR #331508 | Listed For Sale | $375,000 |
Apr 7, 2004 Source: N/A | Sold | $533,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,391 | $360,217 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.
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Frequently asked questions about 88 River Dr
- What is the estimated monthly payment for 88 River Dr?Based on a $579,000 list price with 20% down at today's rates, the estimated monthly payment for 88 River Dr in Panacea, FL is approximately $3,748 (about $3,026 principal & interest, $647 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Panacea?Residents describe Panacea, FL as well-kept, dog-friendly, and quiet. Most residents say you need a car. See homes for sale in Panacea, FL.
- What are the closest schools to 88 River Dr?The closest schools to 88 River Dr in Panacea, FL are Medart Elementary School (Pre-K, rated 8/10), Wakulla County Virtual Instruction Program (Elementary/Middle/High), Wakulla High School (Pre-K, rated 6/10).
- What is 88 River Dr estimated to be worth?Trulia's estimated value for 88 River Dr in Panacea, FL is $543,500.
- Does 88 River Dr have air conditioning?Yes, 88 River Dr in Panacea, FL has air conditioning.
- Does 88 River Dr have laundry facilities?Yes, 88 River Dr in Panacea, FL has in-unit laundry.
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.

