I1-Zoned Industrial
For Sale
$300,000
886 Coastal Highway, Panacea, FL 32346
CommercialSale, Panacea, FL
Property SizeContact for details
Lot Size16.88 Acres
Days on Market152
Property Features for 886 Coastal Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Coastal Hwy (Hwy 98) West of Poseys.
Subdivision
Wakulla
Standard status
Active
APN
12129-36-5S-02W-000-03564-003
Lot size
16.88 Acres
Taxes and HOA fees
Tax Annual Amount
2125
Listing Agency:
Flamingo Realty of Tallahassee
Listed By:
Michael Lee · License #3196048
(850) 339-9346
Added: Apr 9
Changed: Sep 4
Last Checked: Sep 7 at 11:06AM
MLS# 398389
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 16.88-acre industrial land property is zoned I1 and includes an existing 1,200-square-foot structure. The site is positioned along US-98, also identified as Coastal Highway, with the property address at 886 Coastal Highway in Panacea, Florida.
The parcel is located in Wakulla County and offers direct access to the US-98/Coastal Highway corridor. Three adjacent RSU-zoned parcels are also identified as available, with a combined acreage of 60.88 acres if acquired together. The existing structure and industrial zoning provide a defined starting point for future commercial planning or expansion.
The parcel is located in Wakulla County and offers direct access to the US-98/Coastal Highway corridor. Three adjacent RSU-zoned parcels are also identified as available, with a combined acreage of 60.88 acres if acquired together. The existing structure and industrial zoning provide a defined starting point for future commercial planning or expansion.
Key Highlights
- 16.88 acres of I1‑zoned industrial land
- Existing 1,200 sq. ft. structure on the property
- Located along US‑98/Coastal Highway
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - I1-zoned parcel along US-98/Coastal Highway with an existing structure and commercial redevelopment potential.
Where is this industrial land located?
The property is located at 886 Coastal Highway Panacea, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 16.88 acres of I1‑zoned industrial land; Existing 1,200 sq. ft. structure on the property; Located along US‑98/Coastal Highway
