For sale Home

Listed Aug 19, 2026

$249,900 Est. $1,653/mo

151 Otter Lake Road

  • 3

    Beds

  • 2

    Baths

  • 1,196

    Sq ft

The story

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.

Facts & features

Home type

Home

Year built

1972

Floors

1

Price per sq ft

$209

Included features

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central

  • Appliances

    Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer

  • Flooring

    Plank, Vinyl

Mortgage calculator

Estimated monthly payment

$1,653 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,330
  • Property tax $250
  • Insurance $73

Includes principal, interest, taxes & insurance.

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Listing Broker

Waypoint Properties

Broker Name

Waypoint Properties