About This Home

This 3-bedroom, 2-bathroom single family at 151 Otter Lake Road in Panacea, FL is listed for $249,900 ($209 per sqft). Built in 1972, the home offers 1,196 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1972
  • 0.18 acre lot

Property Details

1 story
2 full
1972

Amenities

A/C
Listing Description

Fully renovated 3BR/2BA home with 1,196 sq ft in Panacea. New metal roof, new vinyl siding, and a complete interior gut including new walls, plumbing, electrical, windows, doors, and HVAC. Only the original shell remains-everything else is new. The kitchen features new cabinets, countertops, and appliances including a dishwasher and garbage disposal, plus a convenient laundry room and pantry just off the kitchen.

Move-in ready and ideal as a full-time residence, second home, or investment property in a quiet coastal golf cart community where all the restaurants and stores are just a short golf cart ride away, with easy access to fishing, boating, and the natural beauty of Florida's Forgotten Coast.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

151 Otter Lake Road

Panacea, FL 32346

Joseph Lee Estates

Features & Amenities

Interior Features

Pantry

Property Details

Flooring

PlankVinyl

Construction

Brick VinylSiding

Outdoor Features

Patio

Parking

Driveway

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

DryerDishwasherDisposalIceMakerMicrowaveOvenRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 151 Otter Lake Road is listed at $249,900 ($209/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1972, 0.18 acre lot. Interior Features: Pantry.

This property is listed by Denita Sky.

DS

Denita Sky

License 3327117

Agent at Waypoint Properties

Listed by Waypoint Properties · Broker phone: 8509269100 · View on Broker Site

MLS# 403904· Source: Tallahassee Board of Realtors· 70 days on PropertySimple

Copyright © 2026 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.

151 Otter Lake Road, Panacea, FL 32346

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