22 Mardi Gras Way, Panacea, FL 32346

Escape to this charming canal-front retreat on Alligator Point. It is a true gem for daily living or investing in an income producing residential property. This one-of-a-kind home offers an unparalleled coastal lifestyle with spacious accommodations and modern updates throughout. This home is only a 4 minute walk to the beach and only steps out of your back door to its private dock. Pull your boat up the dock for safe keeping while not in use or relax and fish a while off the dock. The three-bedroom house has 2.5 bathrooms upstairs including a primary bedroom en suite. Downstairs has bonus spaces including a highly sought after ground floor bathroom, utility sink, and boat garage. Newly renovated Game or Rec. Room! The outdoors engulfs you with the quaint feel of this hidden coastal town positioned at the easternmost point of Franklin County. You can step into your backyard to fish off your private dock, launch your boat, or simply enjoy serene canal views and native wildlife. A quick stroll leads you to the white sands of one of Florida’s most tranquil beaches where you can enjoy sunbathing, shelling, playing, and dolphin spotting. A motorized boat lift will make your water adventures even more convenient, and the outdoor shower will make rinsing off after a day at the nearby beach a breeze. There is a dedicated boat garage as well as an abundance of downstairs storage space. Alligator Point is vacation-rental friendly, is renowned for both inshore and offshore fishing, has over 14,000 acres of protected water sanctuary that hosts numerous fish species such as cobia and grouper. There is a full-service marina, numerous public access areas along the 8-mile strip, boat ramps on the bay side of The Point, and a 5,000-acre protected wildlife border known as Bald Point State Park. This property boasts a strong rental history, making it a fantastic investment opportunity for short-term or vacation rentals. Savor fresh seafood and local flavors at spots like Alligator Point Tiki Hut & Marina (1.9 miles), Angelo’s Seafood Restaurant (5.4 miles), Tropical Trader Shrimp Co. (5.6 miles), Trident Restaurant and Salty Donkey (both 8.4 miles). There is convenient access to essentials and unique finds within 10 miles. For suburban creature comforts, Publix Supermarket and Walmart are just over 20 miles away. For a charming day trip, explore downtown Apalachicola just 38 miles away. Whether you’re seeking a relaxing coastal retreat, a forever home for your family, or an income-generating investment, this Alligator Point property delivers it all. Schedule your showing today and start living the waterfront dream!