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Panacea, FL

Commercial

Panacea, FL Commercial Land for Sale

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Ochlockonee Bay, FL Crawfordville, FL St Teresa, FL Sopchoppy, FL Carrabelle, FL Lanark Village, FL Saint Marks, FL Tallahassee, FL

9 properties

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Panacea Commercial Land on US-98

Updated: Apr 9

Panacea Commercial Land on US-98

886 Coastal Highway, Panacea, FL 32346

$300,000

1,200 sqft 16.88 AC lot

High‑visibility commercial parcel on US‑98/Coastal Highway in a growth corridor.
I1 zoning allows for redevelopment, expansion, or adaptive commercial use.
Opportunity to acquire adjacent RSU zoned parcels totaling 60.88 acres.
Existing 1,200 sq. ft. structure in place.
Strong appreciation of comparable I1 properties along Coastal Hwy.

Prime Land in Coastal Panacea

Updated: Nov 24, 2025

Prime Land in Coastal Panacea

Division Street, Panacea, FL 32346

$349,000

0.87 AC lot

Prime Hwy 98 frontage (150+/- feet) in Panacea.
Multiple lots included in the property.
Excellent visibility and easy access on Hwy 98.
Suitable for commercial, mixed‑use, or future development.
Located on the corner of Hwy 98 and Division Street.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

4L Coastal Highway, Panacea, FL 32346

$32,500

0.50 AC lot

Four commercial-zoned lots totaling 0.5 acres with approximately 100 feet of highway frontage on the same side of the road.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

C-2 General Commercial Land Package

C-2 General Commercial Land Package

Lot 4 & 5 Coastal Highway, Panacea, FL 32346

$30,000

Two C-2 general commercial lots sold together on US Highway 98.

C-2 Commercial Land with Highway Frontage

C-2 Commercial Land with Highway Frontage

Coastal Highway lot: 4 & 5, Panacea, FL 32346

$30,000

0.11 AC lot

Two C-2 General Commercial lots are partially cleared and include public water, public sewer, and power available for development.

Panacea, FL Commercial Land

Panacea, FL Commercial Land

Coastal Highway lot: 4 & 5, Panacea, FL 32346

$30,000

0.11 AC lot

Two commercial lots in Panacea, FL, on high-traffic Highway 98.

Land For Sale in Panacea

Land For Sale in Panacea

21 Withlachoochee Avenue, Panacea, FL 32346

Contact for pricing

0.56 AC lot

Wooded land with highway visibility, potential for commercial rezoning.

Commercial Land Parcel

Commercial Land Parcel

4L Coastal Highway, Panacea, FL 32346

$32,500

Commercial land for sale on the west side of Coastal Highway (Hwy 98) south to Panacea.

Land in Coastal Panacea, FL

Land in Coastal Panacea, FL

JOE MACK SMITH Street, Panacea, FL 32346

Contact for pricing

0.14 AC lot

Vacant lot in Panacea, near restaurants, fishing, and boating.

Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 9 Active listings in Panacea, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Sopchoppy Land on Highway 319

Sopchoppy Land on Highway 319

Sopchoppy Hwy, Sopchoppy, FL 32358

$49,900

1.85 AC lot

1.85 acre commercial land with frontage on Highway 319.

Crawfordville Commercial Land For Sale

Crawfordville Commercial Land For Sale

Old Crawfordville Highway, Crawfordville, FL 32327

$688,250

9.68 AC lot

9.68+/- acres with mixed zoning on corner lot.

Crawfordville Land on Highway 98

Crawfordville Land on Highway 98

Old Crawfordville Highway, Crawfordville, FL 32327

$688,250

9.68 AC lot

9.68 acres with mixed zoning on corner lot.

Crawfordville Land For Sale

Crawfordville Land For Sale

Southside Estates lot: 26, Crawfordville, FL 32327

$45,000

0.31 AC lot

0.31 acre lot in Southside Estates, Crawfordville, Florida.

Off-Market Properties in Panacea, FL

Consider similar Off-Market properties in Panacea, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.20 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

1.00 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

$670,000

Estimated value

2.55 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.11 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.34 AC lot

Bottoms Rd

VACANT COMMERCIAL LAND

Bottoms Rd, Panacea, FL 32346

Value Estimation by Request

2.02 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.22 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.11 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.82 AC lot

29 Mashes Sands Rd

VACANT COMMERCIAL LAND

29 Mashes Sands Rd, Panacea, FL 32346-2737

$2,160,000

Estimated value

3.43 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.11 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.43 AC lot

Coastal Hwy

VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.43 AC lot

89 Ed Hartsfield Rd

VACANT COMMERCIAL LAND

89 Ed Hartsfield Rd, Panacea, FL 32346-1993

Value Estimation by Request

924 sqft 0.21 AC lot

1333 Coastal Hwy

VACANT COMMERCIAL LAND

1333 Coastal Hwy, Panacea, FL 32346

Value Estimation by Request

0.58 AC lot

Panacea, FL Commercial Land Market Trends and Statistics

Explore 49 commercial land for sale in Panacea, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 835,045 square feet of properties for sale, with an estimated market value of $804,000.

Sale prices for commercial lots in Panacea, FL start at $30,000, averaging $114,857, and reaching up to $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,393

Population Growth (5Y) +35.3%

Median Household Income $58,382

College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Panacea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32346	$89.3K

Taxes & Financing

Tax Rate (average for all types) 1.58%

Property Tax per SF $34.95 per SF

Tax Rate vs County Average 0.24 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wakulla County

New Delisted

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