88 River Dr, Panacea, FL 32346
Property image
Property image
FOR SALE
3D VIEW

$579,000

  • 3 Beds
  • 2 Baths
  • 1,767 sqft

88 River Dr, Panacea, FL 32346

Est. Mortgage $3,653/mo*
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We 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

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

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

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: 49Days on Market: 55

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
Property Information
Parcel Number: 12129036S02W03603839000

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 FeetUniversal Property Id: US-12129-N-12129036S02W03603839000-R-N

Additional Information

Days On Market Replication: 49

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. "

Market trends in Panacea

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
68
2
MoM

Home Value

Trulia Estimate
$544K
Since 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
MonthEstimated 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

DateEventPrice
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

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.