281 Bay Dr, Panacea, FL 32346 Property Records

Franklin County property record for 281 Bay Dr, Panacea, FL 32346

Property Summary

Property Type	Duplex
Details	2 bd · 1 ba · 1,018 sqft · built 1938
Lot Size	0.169 acres (7,405 sqft)
Owner	2 Individual Names on File
Last Sale	$145,000 (Feb 2018)
Tax Bill	$1,386 (2025)
Deeds & Mortgages	Feb 2018 Sale Sep 2017 Foreclosure
Flood Zone	Zone AE (high risk)
APN	`28-06S-02W-0000-0020-0060`

Property Details

APN / Parcel Number

Primary APN	`28-06S-02W-0000-0020-0060`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Units	2 Units
Stories	1 Story
Building Area	1,018 sqft Heated Area
Gross Area	1,579 sqft
Flooring	Tile
Interior Walls	Custom/Decorative
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1938
Effective Year Built	Effective 1974
Exterior Material	Wood
Roof Type	Gable/Hip
Roof Material	Metal
Lot Area	7,405 sqft
Lot Width	169 ft Width
Porch	Finished/Screened Porch
Porch Area	561 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air

Location & Zoning

Street Address	281 BAY DRIVE
City	PANACEA
State	FL
Zip	32346
Property Category	Residential
Property Type	Residential > Multi-Unit > Duplex
Legal Description	EASTERLY PART OF LOT 3 CONTAINING 0.17 AC OR 153/579 164/269 168/504 OR 184/229 199/371 367/295 627/358 1201/459 1212/106
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

281 Bay Dr, a duplex, is owned by two individuals who bought it in February 2018.

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

Owner of Record	2 Individual Names on File
Mailing Address	2789 EDENDERRY DR, TALLAHASSEE, FL 32309-2656
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

Date	Document
Feb 19, 2018	Grant Deed, Transfer BUYERS TITLE
Sep 7, 2017	Trustee's Deed, Foreclosure ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 19, 2018 · Amount on File
Deed Sale	Feb 19, 2018 · Amount on File
Prior Sale	Sep 7, 2017
Deed Document Number	201819000784
Deed Book / Page	1212 / 106
Record Updated	Jun 8, 2026

February 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	FRANKLIN FL
Recording Date	Feb 19, 2018
Property Address	281 BAY DR, PANACEA, FL 32346-2608
Document Number	0019000784
Book / Page	001212 / 000106
Instrument Date	Feb 13, 2018
Instrument	19000784
Transaction Type	Transfer
Record Updated	Mar 15, 2018
Title Company	BUYERS TITLE

Transaction

Amount	Amount on Record
Tax	$1,015.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	4404 BRADFORDVILLE RD TALLAHASSEE FL 323096408, TALLAHASSEE, FL 32309-6408

September 2017: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	FRANKLIN FL
Recording Date	Sep 7, 2017
Property Address	281 BAY DR, PANACEA, FL 32346-2608
Document Number	0019004621
Book / Page	001201 / 000459
Instrument Date	Aug 24, 2017
Instrument	19004621
Transaction Type	Foreclosure
Record Updated	Sep 13, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Association
Address	PO BOX 650043 DALLAS TX 752650043, DALLAS, TX 75265-0043
Investor	Possibly a Property Investor

Tax Assessment & Valuation

The 2025 property tax bill for 281 Bay Dr was $1,386, down 1.1% 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	$1,386.00 (-1.07%)	$139,462 (-) Land $75,000 Building $64,462	$139,462 (-) Land $75,000 Building $64,462
2024	$1,401.00 (-3.65%)	$139,462 (-) Land $75,000 Building $64,462	$139,462 (-) Land $75,000 Building $64,462
2023	$1,454.00 (-3.71%)	$139,462 (-1.4%) Land $75,000 Building $64,462	$139,462 (-1.4%) Land $75,000 Building $64,462
2022	$1,510.00	$141,446 Land $75,000 Building $66,446	$141,446 Land $75,000 Building $66,446

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 281 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 281 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

Nearby Properties on Bay Dr

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