Pelican Street, Alligator Point, FL 32346
- · Franklin County
Key Facts
Description
Discover a rare opportunity to own prime bayfront property in Alligator Point one of Florida’s most treasured and unspoiled coastal communities along the “Forgotten Coast.” Nestled within the desirable Pelican Bay area, this exceptional homesite offers 129 feet of direct bay frontage on the calm, protected waters of Alligator Harbor. Property has 10 ft deeded access to Gulf. Spanning .384 acres, this oversized lot provides the perfect canvas to design and build your custom coastal retreat. Enjoy sweeping water views, breathtaking sunsets, and immediate access to some of the region’s best inshore fishing, boating, and wildlife viewing. The property includes deeded access to the Gulf of Mexico, allowing you to easily navigate from your backyard to open water adventures. Private docks are permitted, making it ideal for boating enthusiasts seeking both convenience and flexibility. Located on a narrow peninsula between the Gulf and bay, Alligator Point is known for its quiet, low-density charm, pristine natural beauty, and miles of uncrowded beaches. Whether you’re kayaking the shallow bay, fishing the productive estuary waters, or enjoying peaceful coastal living, this property delivers an unmatched Old Florida lifestyle. A truly unique offering—build your dream home where serenity, nature, and waterfront living come together. All measurements are approximate.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.38 acres
Days on Market
10
MLS® Listing#
398848
Property Features
Lot Features
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Other
- Middle:
- Franklin County Middle School
- High:
- Franklin County High School
Financial Details
Parcel Number
12037-05-07S-01W-0000-0280-0010
Directions
S on 98, to Alligator Pt Rd, to Pelican St; R on Pelican
Affordability Calculator
$24,000
Estimated monthly payment
$639/mo
Principal $96,000 · Est. interest $133,929 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alligator Point, FL
- $957,143
- Median Listing Price
- 109
- Median Days on Market
- 1,922
- Median Sq Ft
- $488
- Median Price / Sq Ft
- 217
- Active Listings
- This home’s price is 87% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alligator Point, FL.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2115 NE 42nd Court 109n, Lighthouse Point, FL | $84,500 | 2 | 2 | 890 |
| 2131 NE 42nd Court 209e, Lighthouse Point, FL | $88,000 | 1 | 1 | 560 |
| 1272 Angus Morrison Road, Alligator Point, FL | $89,000 | — | — | — |
| 202 Harbor Circle, Alligator Point, FL | $90,000 | — | — | — |
| 2131 NE 42nd Court 208e, Lighthouse Point, FL | $93,000 | 1 | 1 | 560 |
| 2050 NE 39th Street 209w, Lighthouse Point, FL | $94,900 | 1 | 2 | 676 |
Moving Cost Estimate
Listing Courtesy: Harvey Lentz Realty Group - 8509269090
Presented by: Robert A Miller