Building Details

Building materials Block, Concrete

Listing Agency: Joseph R. Bracciale Jr. Broker Show Phone

Listed By: Michael Carruthers · License #595672 Show Phone

Added: May 17 Changed: Aug 4 Last Checked: Aug 23 at 4:06PM

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MLS# 400014

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering combines a concrete block commercial building with the operating business. The sale includes a 3PCPS liquor license, while inventory is excluded. Central heating and central air conditioning serve the property.

The store is positioned on Coastal Highway 98 in Panacea, Florida, near the coast. The property is identified as a grocery and convenience store asset, with the building and business conveyed together.

Key Highlights

• Building and business offered together
• 3PCPS liquor license included
• Inventory excluded from the sale

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

100

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 32346, FL

1,750

Population

1,716

Households

1

Avg Household Size

55

Median Age

26%

College-Educated

91%

High-School Grad

28.4 sq mi

ZIP Area

62

Density / Sq Mi

$58,382

Median Household Income

$23,889

Median Earnings

$1,468

Median Rent

$233,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Building and operating business convey together with a 3PCPS liquor license and central heating and cooling.

Where is this grocery and convenience store located?

The property is located at 1306 Coastal Highway Panacea, FL.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Building and business offered together; 3PCPS liquor license included; Inventory excluded from the sale