Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street just minutes from the Gulf, offering laid-back vibes on a beautiful 0.47 acre lot. Whether you're looking for a peaceful weekend escape or a full-time waterfront haven, 40 Pompano Drive delivers. The interior boasts an exposed brick interior that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos, this home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!