Welcome to 1493 Alligator Drive, a truly exceptional Gulf-front residence on Alligator Point. This one-of-a-kind home is nestled on one of the safest, highest-elevation beach lots, offering unparalleled peace of mind with its rare 17-foot+- elevation at the lowest floor and a growing beach. The property stands out as one of the smartest choices for Gulf-front living, especially when it comes to storm resilience and beach erosion. This meticulously renovated home underwent a complete custom transformation, down to the studs, ensuring it meets the highest standards of both aesthetics and functionality. The home showcases extensive use of luxurious, high-end finishes, making it not only a comfortable retreat but also a statement of historical craftsmanship. The exterior has been carefully restored to feature its original cypress post-and-beam structure, maintaining the charm of its coastal roots. Inside, no detail was overlooked. All-new electrical, plumbing, windows, and doors were installed. A lavish use of marble, slate, and limestone throughout the home adds a timeless elegance. The bathrooms feature premium Kohler sinks and soaking tubs, high-end fixtures, and a spa-inspired shower. The home is insulated with structural spray foam insulation, ensuring energy efficiency and comfort year-round. The heart of the home is the impressive sunroom, offering sweeping panoramic views of the Gulf, making it the perfect spot to relax and take in the breathtaking surroundings. Whether you're watching the waves roll in or simply enjoying the serene atmosphere, this sunroom will quickly become a favorite gathering place. The kitchen is a chef’s dream, featuring maple-lined cabinets and sleek quartz countertops, complemented by top-of-the-line appliances. A spacious laundry room and pantry offer abundant storage and convenience for everyday living. Outdoors, you'll find an oversized deck perfect for entertaining, with a dedicated privacy area off the master suite, creating multiple spaces to unwind while overlooking the stunning Gulf views. Security is top-notch with exterior surveillance cameras and motion lighting surrounding the property for peace of mind day or night. With a new heat pump and water heater, along with every modern amenity imaginable, this home is designed for comfort, luxury, and longevity. Experience the best of Gulf-front living with a blend of tranquility, safety, and high-end elegance at 1493 Alligator Drive. This property is truly a gem—there’s nothing else on the market that compares in terms of security, style, and long-term value. Don't miss your chance to call this spectacular home your own!
For sale
$1,250,000
1493 Alligator Dr, Panacea, FL 32346
3beds
1,846sqft
Est.:
Single Family Residence
Built in 1955
0.36 Acres Lot
$1,179,400 Zestimate®
$677/sqft
$-- HOA
What's special
Meticulously renovated homeModern amenityStructural spray foam insulationExterior surveillance camerasGrowing beachGulf-front residenceSafest highest-elevation beach lots
- 16 days
- on Zillow |
- 552 |
- 34 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 11:12pm
Listed by:
Bert S Pope 850-933-2378,
Bert Pope Realty, LLC
Source: TBR,MLS#: 383969

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Dimensions: 11x16
Bedroom 2
- Dimensions: 11x15
Bedroom 3
- Dimensions: 11x14
Dining room
- Dimensions: 11x26
Family room
- Dimensions: 0x0
Kitchen
- Dimensions: 11x14
Living room
- Dimensions: 16x20
Other
- Dimensions: 11x26
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
Features
- Stall Shower, Entrance Foyer, Pantry, Walk-In Closet(s)
- Flooring: Hardwood, Marble, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,846
- Total interior livable area: 1,846 sqft
Property
Parking
- Parking features: Driveway
Features
- Stories: 1
- Patio & porch: Deck, Porch, Screened
- Has view: Yes
- View description: Bay, Gulf
- Has water view: Yes
- Water view: Bay,Gulf
- Waterfront features: Gulf
Lot
- Size: 0.36 Acres
Details
- Parcel number: 120370607S01W1042000H0030
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Craftsman,One Story,Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1955
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Penn Point
Location
- Region: Panacea
Financial & listing details
- Price per square foot: $677/sqft
- Tax assessed value: $442,876
- Annual tax amount: $4,877
- Date on market: 4/2/2025
- Listing terms: Conventional
- Road surface type: Paved
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