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Key Facts

4.03Lot (acres)

$499,900

Active33 days on marketListed April 24, 2026

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Description

4 Contiguous Lots in a Platted Coastal Subdivision – Prime Investment Opportunity Rare opportunity to acquire four contiguous lots in a desirable coastal subdivision, ideal for a builder, developer, or buyer looking to create a private coastal compound or multiple investment homes. Located just minutes from the community boat launch, you’ll have easy access to some of the best fishing and boating along the Forgotten Coast. Enjoy the quiet, laid-back setting with the ability to walk or take a short golf cart ride to the beach, marina, and nearby Bald Point State Park, offering miles of scenic trails and unspoiled natural beauty. Whether you’re planning spec homes, vacation rentals, or a custom coastal retreat, these lots provide flexibility and value in a growing area. Build one, build all, or hold for future appreciation—opportunities like this are increasingly hard to find. Experience the charm of coastal living with room to create your vision.

Property Information

Property Type

Land

Lot Size

4.03 acres

Lot Dimensions

Ownership

Other

Zoning

RESIDENTIA

Days on Market

MLS® Listing#

O6400744

Property Features

Utilities

Other

Sewer

None

Water Source

NoneSee Remarks

Financial Details

Parcel Number

32-06S-01W-1000-0000-0000

Directions

From US-98 in Panacea, turn south onto SR 370 (Bald Point Road) and continue straight for approximately four miles to reach Alligator Point.

Affordability Calculator

Home Price

Down Payment

$99,980

Interest Rate (%)

Loan Term

Estimated monthly payment

$2,661/mo

Principal $399,920 · Est. interest $557,924 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in ALLIGATOR POINT, FL

$940,909
Median Listing Price: 110
Median Days on Market: 1,892
Median Sq Ft: $483
Median Price / Sq Ft: 215
Active Listings

This home’s price is 47% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in ALLIGATOR POINT, FL.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
25-28 E Wild Blueberry Way Lot 25,26,27/28, Point Washington, FL	$359,995	—	—	—
36911 3rd Street, Canal Point, FL	$360,000	3	3	2,655
2755 NE 28TH AVENUE A3, LIGHTHOUSE POINT, FL	$370,000	2	2	890
2755 NE 28th Avenue A3, Lighthouse Point, FL	$370,000	2	2	940
2311 NE 36th Street 1f, Lighthouse Point, FL	$375,000	2	1	1,063
2400 NE 36th Street 10, Lighthouse Point, FL	$379,000	1	1	965

Moving Cost Estimate

Listing Courtesy: HOUWZER INC - 267-765-2080

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-04-24