277 Bay Dr, Panacea, FL 32346 Property Records

Franklin County property record for 277 Bay Dr, Panacea, FL 32346

Property Summary

Property Type	Duplex
Details	2 bd · 1 ba · 626 sqft · built 1938
Lot Size	0.239 acres (10,454 sqft)
Owner	Individual Name on File
Last Sale	$300,000 (Aug 2024)
Tax Bill	$1,040 (2025)
Deeds & Mortgages	Feb 2020 Mortgage
Flood Zone	Zone AE (high risk)
APN	`28-06S-02W-0000-0020-0080`

Property Details

APN / Parcel Number

Primary APN	`28-06S-02W-0000-0020-0080`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Units	2 Units
Stories	1 Story
Building Area	626 sqft Heated Area
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1938
Effective Year Built	Effective 1989
Exterior Material	Wood
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	10,454 sqft
Lot Width	137 ft Width

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air

Location & Zoning

Street Address	277 BAY DRIVE
City	PANACEA
State	FL
Zip	32346
Property Category	Residential
Property Type	Residential > Multi-Unit > Duplex
Legal Description	WESTERLY PART OF LOT 3 CONTAINING 0.24 AC OR/164/257 168/501 153/579 OR/184/233 583/236 643/70 1068/590 1398/354
Legal Range	02W
Legal Township	06S
Legal Section	28
Legal Lot Number	3
Jurisdiction	FRANKLIN FL
Township / Civil Division	CARRABELLE
Census Block Group	2
Census Block	2094
Census Tract	970102

Owner

277 Bay Dr, a duplex, is owned by an individual who bought it in August 2024.

Source: Franklin County records, as of January 5, 2026

Owner of Record	Individual Name on File
Co-owner	Co-owner on File
Mailing Address	413 OLD DIRT RD, TALLAHASSEE, FL 32317-8503
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 6, 2024 · Amount on File
Deed Sale	Aug 6, 2024 · Amount on File
Prior Sale	Jul 18, 2012 · Amount on File
Deed Document Number	202419003768
Deed Book / Page	1398 / 354
Record Updated	Jun 8, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN FL
Property Address	277 BAY DR, PANACEA, FL 32346-2608
Document Number	0019001315
Instrument Date	Feb 19, 2020
Transaction Type	Mortgage
Record Updated	Jun 10, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 233 PANACEA FL 323460233, PANACEA, FL 32346-0233

Mortgage

Document Number	0019001315
Date	Mar 30, 2020
Book Page	001261/000581
Instrument	19001315

Lender

Name	USAA
Address	SAN ANTONIO, TX 78288-0544

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Mar 29, 2050

Tax Assessment & Valuation

The 2025 property tax bill for 277 Bay Dr was $1,040, up 50.5% from the year before.

Source: Franklin County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Franklin County
Unified School District	Franklin County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,040.00 (+50.51%)	$102,128 (-0.56%) Land $75,000 Building $27,128	$102,128 (-0.56%) Land $75,000 Building $27,128
2024	$691.00 (-4.03%) Homeowner's exemption	$102,708 (-0.56%) Land $75,000 Building $27,708	$102,708 (-0.56%) Land $75,000 Building $27,708
2023	$720.00 (-3.49%) Homeowner's exemption	$103,289 (-0.56%) Land $75,000 Building $28,289	$103,289 (-0.56%) Land $75,000 Building $28,289
2022	$746.00 Homeowner's exemption	$103,869 Land $75,000 Building $28,869	$103,869 Land $75,000 Building $28,869

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 277 Bay Dr in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective April 23, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	15.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 293 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	329 units insured incl. 36 condo units
Nearby Flood Claims	72 (2005–2024)
Most Recent Claim	Sep 2024 · Hurricane Helene
Claims by Event	Hurricane Helene, Sep 2024 · 12 claims Hurricane Michael, Oct 2018 · 45 claims Hurricane Dennis, Jul 2005 · 8 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 277 Bay Dr is high, ranking above 75% of the US, with a 0.4% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	High above 75% of the US · above 61% of Florida
Wildfire Likelihood	0.4% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 38 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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