Panacea Commercial Land on
886 Coastal Highway Panacea, FL 32346
For Sale
$300,000
COMMERCIAL - Panacea, FL
Property Size1,200 SF
Lot Size16.88 Acres
Price / SF$250
Days on Market107
Property Features for 886 Coastal Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 12129-36-5S-02W-000-03564-003
- Size
- 1,200 SF
- Lot size
- 16.88 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2125
Listing Agency:
Flamingo Realty of Tallahassee
(850) 339-9346
Listed By:
Michael Lee · License #3196048
(850) 339-9346
Added: Apr 9
Changed: May 8
Last Checked: Jul 24 at 1:06AM
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 commercial property is located on US-98/Coastal Highway in Panacea, Florida. Zoned I1, the site includes a 1,200 sq. ft. structure and is suitable for redevelopment, expansion, or adaptive commercial use. The property offers immediate access and traffic exposure. Three adjacent parcels zoned RSU are available, which would make the total 60.88 acres. The property's size and zoning flexibility provide a path to maximize ROI. This property presents an opportunity to capitalize on Wakulla County's commercial growth.
Key Highlights
- High‑visibility commercial parcel on US‑98/Coastal Highway in a growth corridor.
- I1 zoning allows for redevelopment, expansion, or adaptive commercial use.
- Opportunity to acquire adjacent RSU zoned parcels totaling 60.88 acres.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - High-visibility commercial parcel in a growth corridor on US-98.
Where is this commercial 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: High‑visibility commercial parcel on US‑98/Coastal Highway in a growth corridor.; I1 zoning allows for redevelopment, expansion, or adaptive commercial use.; Opportunity to acquire adjacent RSU zoned parcels totaling 60.88 acres.
