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40 Pompano Drive

Panacea, FL 32346
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Bed 3

Bed

Bath 2

Bath

SqFt1,560

Sqft

SqFt20,473.20

Sqft(Lot)

Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street just minutes from the Gulf, offering laid-back vibes on a beautiful 0.47 acre lot. Whether you're looking for a peaceful weekend escape or a full-time waterfront haven, 40 Pompano Drive delivers. The interior boasts an exposed brick interior that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos, this home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!

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Detail Ic Property Details

Property Type : Residential

Price : $490,000

AD Id : 52208675

MLS Id : 384777

Beds : 3

Lot Size : 20,473.20 Sqft

Living Area Size : 1,560

Year Built : 1965

County : Wakulla

Subdivision: Greens Canyon Lake The

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Laminate, Tile
  • Interior Features

    GardenTubRomanTub, Other, StallShower, WindowTreatments, SplitBedrooms
    Appliances: Dryer, IceMaker, Microwave, Oven, Range, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Wood Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric Water front: 1

  • Building Information

    Year Built: 1965
    Building Area Total: 1560
    Construction Materials: Brick
    Patio And Porch Features: Covered, Porch
    Private Pool: No
    Water front Features: CanalAccess
    View: Bay, Canal

  • Lot Information

    Lot Dimensions: 70x130x70x130 Lot Size Acres: 0.47

    Property Information

    Subdivision: Panacea Shores Source Property Type: Residential Property SubType: Detached Property Age: 61

  • Listing Price Information

    Listing Price: $490000
    Original Price: $505000
    Cash, Conventional

  • Tax Information

    Parcel Number: 12129-07-6S-01W-028-04774-000 Tax Lot: 17,18 Tax Block: - Annual Tax: $4629

  • School Information

    Elementary School: MEDART Junior High School: WAKULLA Senior High School: WAKULLA
  • Location Information

    Direction: HWY 98, Turn onto Mashes Sands Rd, Turn RT on Pompano Dr., Home on Right.
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At $314.10 per sq.ft.,this listing is priced below average compared to other homes from Panacea.

The average homes price in Panacea is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Wakulla County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12 Marlin Street, Panacea, FL, 32346 $890,000 3 2 1,600 1,600 SqFt
40 Lakeview Drive, Panacea, FL, 32346 $389,000 2 2 1,059 1,059 SqFt
17 Sunrise Lane, Panacea, FL, 32346 $399,900 3 2 1,440 1,440 SqFt
38 Sunrise Lane, Panacea, FL, 32346 $689,000 3 3 1,508 1,508 SqFt
Blue Heron Way, Panacea, FL, 32346 $100,000 -- -- --
62 Blue Heron Way, Panacea, FL, 32346 $819,900 4 3 2,540 2,540 SqFt
47 Blue Crab Lane, Panacea, FL, 32346 $1,150,000 3 2 1,280 1,280 SqFt
695 Mashes Sands Road #A5, Panacea, FL, 32346 $405,000 2 3 1,332 1,332 SqFt
695 B6 Mashes Sands Road, Panacea, FL, 32346 $425,000 2 3 1,656 1,656 SqFt
7 Cutty Sark Court, Panacea, FL, 32346 $1,200,000 3 3 2,327 2,327 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 04/07/2026 @ 00:37

MLS: 384777 LISTED BY: Hunter Bowden, Keller Williams Town & Country 850-201-4663 SOURCE: TBRMLS

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