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Panacea, FL Land for Sale

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90 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 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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Cleared Waterfront Homesite
Cleared Waterfront Homesite

Surf Road, Panacea, FL 32346

$169,000
0.45 AC lot

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

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Buildable Coastal Residential Lots
Buildable Coastal Residential Lots

6-7 Bottoms Road, Panacea, FL 32346

$110,000
0.95 AC lot

Two buildable lots near the coast, boat ramps, and fishing, located in an AE flood zone.

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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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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

Division Street, Panacea, FL 32346

$349,000
0.87 AC lot

Corner commercial land served by public water and public sewer.

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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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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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Waterfront Land with Dock
Waterfront Land with Dock

Blue Heron Way, Panacea, FL 32346

$100,000
0.22 AC lot

Cleared, fenced canal frontage with public utilities and access toward Ochlockonee Bay and the Gulf.

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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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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 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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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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Gated Community Homesite Corner Lot
Gated Community Homesite Corner Lot

Lot 42 Wilderness Way, Panacea, FL 32346

$55,000
1.00 AC lot

Corner lot in a private gated community with public sewer and water and underground utilities in place.

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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 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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Unimproved Land
Unimproved Land

LOT 8 Pompano Drive, Panacea, FL 32346

$235,000

Waterfront Land

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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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Land
Land

599 Mashes Sands Rd, Panacea, FL 32346

$275,000

Waterfront Land

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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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Land / Unimproved Land
Land / Unimproved Land

1288 Alligator Drive, Panacea, FL 32346

$250,000

Waterfront Land

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Waterfront Golf Cart Community Lot
Waterfront Golf Cart Community Lot

Woodstork Drive lot: 4, Panacea, FL 32346

$45,000
0.13 AC lot

Buildable bay-view lot in a gated, golf-cart community with city water and sewer available.

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Panacea, FL Land Market Trends and Statistics

Explore 90 land for sale in Panacea, FL, showcased through 90 active listings on our real estate platform. These investment opportunities span a total of 13,075,392 square feet of properties for sale, with an estimated market value of $7,683,962.

Sale prices for lots in Panacea, FL start at $30,000, averaging $111,361, 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

Residential land & home lots 56
Waterfront Land 39
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 $96.9K

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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