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Panacea, FL Land for Sale

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73 properties
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Waterfront Bayfront Homesite
Updated: Jul 2
Waterfront Bayfront Homesite

Pompano Drive lot: 8, Panacea, FL 32346

$235,000
0.26 AC lot
0.26‑acre bayfront homesite on Pompano Drive in Panacea, FL
Direct access to the Gulf of Mexico for boating, fishing, kayaking, and paddle boarding
Public water available
Public sewer available
Located in Wakulla County near the beach and public boat launch
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I1-Zoned Commercial Land
Updated: Apr 9
I1-Zoned Commercial Land

886 Coastal Highway, Panacea, FL 32346

$300,000
16.88 AC lot
16.88 acres of commercial land
I1 zoning
Existing 1,200‑square‑foot structure
Located on US‑98/Coastal Highway
886 Coastal Highway, Panacea, FL 32346
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Cleared Waterfront Homesite
Cleared Waterfront Homesite

Surf Road, Panacea, FL 32346

$179,000
0.45 AC lot

Cleared waterfront lot with deep-water access on Ochlockonee Bay in Panacea, FL.

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Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

337 Levy Bay Road, Panacea, FL 32346

$100,000
10.98 AC lot

Waterfront land totaling 10.98 acres, featuring a pond connected to tidal bay waters.

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Gulf-Front Homesite Land
Gulf-Front Homesite Land

1288 Alligator Drive, Panacea, FL 32346

$250,000
0.41 AC lot

Buildable Gulf-front lot in Panacea, FL, offering coastal views and room to design a beach home.

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Prime Land in Coastal Panacea
Prime Land in Coastal Panacea

Division Street, Panacea, FL 32346

$349,000
0.87 AC lot

Versatile land with highway frontage, ideal for 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 totaling 0.5 acres with approximately 100 feet of highway frontage on the same side of the road.

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Bayfront Lot in Panacea, FL
Bayfront Lot in Panacea, FL

Lot 8 Levy Bay Road, Panacea, FL 32346

$215,000
0.86 AC lot

Cleared 0.86-acre bayfront lot ready for coastal dream home.

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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.

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Canal-Front Waterfront Land
Canal-Front Waterfront Land

Blue Heron Way, Panacea, FL 32346

$100,000
0.22 AC lot

Cleared canal-front lot with an existing dock, full fencing, and power available leading to Ochlockonee Bay.

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Hidden Pond Lane Land Parcel
Hidden Pond Lane Land Parcel

Lot84 Lot84 Hidden Pond Lane, Panacea, FL 32346

$40,000
0.73 AC lot

0.73 acre lot in gated coastal subdivision for sale.

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Panacea, FL Buildable Lots
Panacea, FL Buildable Lots

Bottoms Road lot: 6-7, Panacea, FL 32346

$110,000
0.95 AC lot

Two buildable lots near the coast, boat ramps, and fishing.

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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.

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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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Panacea Land Near Dickerson Bay
Panacea Land Near Dickerson Bay

Piney Street, Panacea, FL 32346

$499,000
1.46 AC lot

1.46 acre wooded lots near amenities and waterfront activities.

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Bay Front Lot in Panacea
Bay Front Lot in Panacea

Paradise Lane lot: 1, Panacea, FL 32346

$161,900
0.37 AC lot

Waterfront lot with bay views, utilities, and marina access.

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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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Bay-View Lots in Coastal Panacea
Bay-View Lots in Coastal Panacea

Satilla Avenue, Panacea, FL 32346

$165,000
0.41 AC lot

Three adjoining lots with bay views in Panacea, Florida.

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Waterfront Land Lot with Pond Frontage
Waterfront Land Lot with Pond Frontage

Lot 37 Turtle Creek Lane, Panacea, FL 32346

$44,000
0.50 AC lot

Gated waterfront lot with 116 feet of pond frontage, community dock access, and underground utilities.

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Coastal Waterfront Homesite
Coastal Waterfront Homesite

Turtle Creek Lane lot: 46, Panacea, FL 32346

$42,500
0.87 AC lot

Residential waterfront land in a gated community with marsh views and access to a clubhouse and pool.

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Canal-Front Waterfront Lot
Canal-Front Waterfront Lot

16 Pompano Dr, Panacea, FL 32346

$81,363

Canal-front lot with open-water views and quick Bay access in Panacea Shores.

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Bayfront Residential Land Parcel
Bayfront Residential Land Parcel

Levy Bay Road lot: 8, Panacea, FL 32346

$215,000
0.86 AC lot

Cleared, level bayfront lot in Panacea with city water and sewer availability and power and cable available.

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Waterfront Lot in Ochlockonee Bay
Waterfront Lot in Ochlockonee Bay

134 River Drive, Panacea, FL 32346

$234,900

Waterfront lot with unspoiled views and deepwater access.

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Deepwater Bayfront Land Parcel
Deepwater Bayfront Land Parcel

Surf Road, Panacea, FL 32346

$199,000
0.44 AC lot

South-facing waterfront lot with deep water access and utilities available at the site.

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Panacea, FL Land Market Trends and Statistics

Explore 73 land for sale in Panacea, FL, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 13,912,628 square feet of properties for sale, with an estimated market value of $6,717,563.

Sale prices for lots in Panacea, FL start at $30,000, averaging $113,857, and reaching up to $735,000 — 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

Waterfront Land 34
Residential land & home lots 27
Commercial land 9
Industrial land 3

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 $92.7K

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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