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    1138 Coastal Hwy Dr Panacea, FL 32346

    For Sale
    $249,000

    COMMERCIAL - Panacea, FL

    Lot size:
    0.23 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 1138 Coastal Hwy Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    12129-25-5S-02W-050-03282-008
    Parking features
    Paved or Surfaced
    Lot size
    0.23 Acres

    Utilities

    Water source
    Public

    Building Details

    Flooring type
    Concrete
    Building materials
    MetalFrame
    Roof type
    Metal

    Waypoint Properties (850) 926-9100 [email protected]

    Listing agent Dena Jackson Pearce (850) 926-9100 License #3570681

    Listing date Nov 17, 2025

    Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Panacea, FL Commercial Property

    This commercial property in Panacea, FL, presents various opportunities. It features two bay doors, a car lift, and storage space. The property also includes a 1-bedroom, 1-bath studio apartment at the rear. Situated on double lots, the property offers road frontage on US HWY 98 (Coastal HWY). The lot size is 0.23 acres.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Closed

    Map

    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.391753
    Latitude
    30.020176

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with bay doors, car lift, and studio apartment.
    Where is this auto shop located?
    The property is located at 1138 Coastal Hwy Dr Panacea, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - High-traffic location on US HWY 98 (Coastal HWY) with great road frontage.; - Versatile commercial property suitable for various business ventures.; - Equipped with **two bay doors and a car lift**.
    (850) 926-9100
    Request Owner's contact information
    1138 Coastal Hwy Dr Panacea, FL 32346
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    Panacea, FL 32346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1138 Coastal Hwy Dr Panacea, FL 32346
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