Commercial

Panacea, FL Commercial Land for Sale

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8 properties
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I1-Zoned Industrial Land
Updated: Apr 9
I1-Zoned Industrial Land

886 Coastal Highway, Panacea, FL 32346

$300,000
16.88 AC lot
16.88 acres of I1‑zoned industrial land
Existing 1,200 sq. ft. structure on the property
Located along US‑98/Coastal Highway
Address: 886 Coastal Highway, Panacea, FL 32346
Three adjacent RSU‑zoned parcels also available
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Commercial Land with Highway Frontage
Updated: Nov 24, 2025
Commercial Land with Highway Frontage

Division Street, Panacea, FL 32346

$349,000
0.87 AC lot
0.87 acres of commercial land
Multiple lots included in the property
150+/- feet of Hwy 98 frontage
Corner location at Hwy 98 and Division Street
Public water source
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C-2 Commercial Land
C-2 Commercial Land

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

$30,000
0.11 AC lot

Two partially cleared lots offered together with commercial zoning and direct highway frontage.

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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.

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C-2 Commercial Land Along US Highway 98
C-2 Commercial Land Along US Highway 98

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

$30,000
0.11 AC lot

Two partially cleared commercial lots with public water, sewer, and power available for future development.

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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 provide a compact development tract along Coastal Highway in Panacea.

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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.

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C-2 Commercial Land
C-2 Commercial Land

Lot 4-5 Coastal Highway, Panacea, FL 32346

$30,000

C-2 zoning permits commercial and residential use, with city water, sewer, and power available for future development.

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Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 8 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.

Commercial Land with RV Site Approval
Commercial Land with RV Site Approval

Lot 90 Coastal Highway 98, Crawfordville, FL 32327

$1,600,000

Highway-oriented commercial land with approval for an RV campground and two DOT-permitted driveways.

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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.

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Vacant Commercial Land
Vacant Commercial Land

2820 Coastal Hwy, Crawfordville, FL 32327

$474,900

Vacant commercial acreage is located within yards of Medart Volunteer Fire Dept.

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Corner Commercial Land
Corner Commercial Land

Old Crawfordville Highway, Crawfordville, FL 32327

$688,250
9.68 AC lot

Two adjoining parcels offer mixed C2 and rural zoning at a prominent highway intersection.

View details

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

Estimated value:
$240,000
0.20 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$250,000
1.00 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$670,000
2.55 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$145,000
0.11 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$140,000
0.34 AC lot
View details
Bottoms Rd
VACANT COMMERCIAL LAND

Bottoms Rd, Panacea, FL 32346

Estimated value:
$205,000
2.02 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
No data
0.22 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
No data
0.11 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$55,000
0.82 AC lot
View details
29 Mashes Sands Rd
VACANT COMMERCIAL LAND

29 Mashes Sands Rd, Panacea, FL 32346-2737

Estimated value:
$2,160,000
3.43 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$165,000
0.11 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$55,000
0.43 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$250,000
0.43 AC lot
View details
89 Ed Hartsfield Rd
VACANT COMMERCIAL LAND

89 Ed Hartsfield Rd, Panacea, FL 32346-1993

Estimated value:
$135,000
924 sqft 0.21 AC lot
View details
1333 Coastal Hwy
VACANT COMMERCIAL LAND

1333 Coastal Hwy, Panacea, FL 32346

Estimated value:
$240,000
0.58 AC lot
View details
Coastal Hwy
VACANT COMMERCIAL LAND

Coastal Hwy, Panacea, FL 32346

Estimated value:
$245,000
0.33 AC lot
View details

Panacea, FL Commercial Land Market Trends and Statistics

Explore 48 commercial land for sale in Panacea, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 804,553 square feet of properties for sale, with an estimated market value of $834,000.

Sale prices for commercial lots in Panacea, FL start at $30,000, averaging $104,250, 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

Residential land & home lots 57
Waterfront Land 40
Commercial land 8
Industrial land 3
Recreation land 1

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 $187.1K

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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