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151 Otter Lake Road, 
Panacea, FL 32346

$249,900

3

Beds

2

Baths

1,196

Sq Ft

Single Family

Active

Listed by

Denita Sky

Waypoint Properties

850-926-9100

Last updated:

October 10, 2026, 02:54 PM

MLS#

403904

Source:

FL TBR

About This Home

151 Otter Lake Road

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1972

Subdivision & Development:

Joseph Lee Estates

Price Summary

249,900

$208 per Sq. Ft.

MLS #:

403904

Last Updated:

October 10, 2026, 02:54 PM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,196 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

1,196 Sq. Ft.

Year Built:

1972

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$208 per Sq. Ft.

Source:FL TBR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.