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182 Levy Bay Road, Panacea, FL 32346

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For Sale

$139,900

1.3 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.3 acres
    Lot size

Explore this Property

Discover a truly special opportunity to build your dream home on this rare 1-acre bayfront property offering approximately 120 feet of stunning bay frontage. With city water, city sewer and a power pole already in place, much of the essential infrastructure is ready to go-saving time and expense during the building process. No HOA means you have the flexibility to design your property your way, while still leaving a natural green buffer for privacy if desired. The existing home has no value, giving you a clean slate to create the custom coastal retreat you've always envisioned. Nestled in the relaxed, laid-back coastal city of Panacea, this golf-cart-friendly community is known for its terrific local restaurants, fantastic bay and Gulf fishing, and charming festivals and small-town parades. Enjoy the peaceful Old Florida lifestyle while being just minutes from everything that makes Panacea such a beloved destination. An incredible waterfront canvas-ready for your vision.
MLS# 394119

Courtesy Of GF&A Realty

(850) 695-1001

Property Features

  • Amenities
    Water Front
  • Lot Size
    1.3 Acres

Map and Directions

Directions to 182 Levy Bay Road, Panacea, FL 32346

Home seller CENTURY 21 Collins Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Collins Realty, Inc.

(850) 927-3100
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.