$995,000
47 BLUE CRAB Lane, Panacea, FL 32346
Panacea Shores
- Price
- $995,000
- Beds / Baths
- 3 / 2
- Living area
- 1,280 sqft
- Year built
- 2023
- Type
- Residential
- Lot
- 0.333 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Wakulla
- Days on market
- 317
- Elementary
- Other
- Middle
- Other
- High school
- Other
This 3-bedroom 2 bath is a Octagon home on .333 acres is built to withstand winds of 180 mph. 17 feet off the ground. A 1500 lb. cargo lift. Open living room and kitchen layout.French door refrigerator with bottom freezer, range with convection-air fry oven dishwasher, microwave and garbage disposal. Panoramic view of the Gulf of America. 6 ceiling fans, wood louvered doers, vinyl planking throughout, kitchen island.Beautiful sunrise and sunset views from all windows, doors and 1 Oft wide deck with pergola to hang your hammock. The Boathouse has a lift on the canal with access to the Gulf of America. The property has a seawall still under warranty , transferable Beach and Park, over 400 acres, with fishing pier and beach access and public boat ramp. Bike trails, Golf cart friendly quiet neighborhood. Food and entertainment a short ride away. Vaulted ceilings All closets with organizers. Pool outside the master bedroom From your pool and watch the boats and the porpoise play!
What to check on this one
- Verify flood zone designation and obtain elevation certificate for this waterfront property.
- Confirm seawall warranty is transferable; get all documentation and remaining term details.
- Review boathouse lift maintenance history and current operational status with inspection.
- Confirm pool equipment age, warranty status, and annual maintenance cost estimates.
- Verify wind mitigation inspection completed; confirm 180 mph design meets current insurer requirements.
- Get septic and well service records if property uses either; confirm Gulf access easement terms.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $796,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of YOUR CHOICE REAL ESTATE. Data via realMLS (Northeast Florida MLS), updated Apr 14, 2026, 7:17 PM.
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