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    Division St Panacea, FL 32346

    For Sale
    $349,000

    LAND - Panacea, FL

    Lot size:
    0.87 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for Division St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    12129-25-5S-02W-046-03543-000
    Lot size
    0.87 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Bluewater Realty Group (850) 926-8777

    Listing agent Susan M Jones (850) 926-8777 License #3203817

    Listing date Nov 24, 2025

    MLS# 393559 Listing URL

    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

    Prime Land in Coastal Panacea

    Located in Panacea, Florida, this property is situated on the corner of Highway 98 and Division Street. The site includes multiple lots and features over 150 feet of frontage on Highway 98. The property is suitable for commercial, mixed-use, or future development. Its location along one of the area's main corridors provides visibility and accessibility. This property offers potential in a growing coastal community. The lot size is approximately 0.87 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.38901498
    Latitude
    30.02496372

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    FAQs

    What type of property is this?
    Commercial land - Versatile land with highway frontage, ideal for development.
    Where is this commercial land located?
    The property is located at Division St Panacea, FL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Prime Hwy 98 frontage (150+/- feet) in Panacea.; - Multiple lots included in the property.; - Excellent visibility and easy access on Hwy 98.
    (850) 926-8777
    Request Owner's contact information
    Division St 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
    Division St Panacea, FL 32346
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