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Prime Commercial Lots on Highway

Coastal Highway lot 4 & 5 Panacea, FL 32346

Coastal Highway lot 4 & 5, Panacea, FL, 32346
$30,000
For Sale
$30,000

LAND - Panacea, FL

Lot Size0.11 Acres
Days on Market84

Property Features for Coastal Highway lot 4 & 5

General Information

Property type
Land
Property subtype
Other
Vegetation
Cleared, Wooded
Standard status
Active
APN
12129-25-5S-02W-050-03280-000
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
162

Utilities

Sewer type
Public Sewer
Water source
Public
Listing agency Waypoint Properties
Listed by Patricia Quasney · License #3346367
Added: May 1 Updated: Jul 10 at 9:33AM Checked: Jul 23 at 8:06AM
MLS# 399359

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.

Two commercial lots are available in Panacea, Florida, and must be sold together. Situated directly on high-traffic US Highway 98, the combined 100' x 100' footprint is zoned C-2 General Commercial. This zoning permits a range of uses, including retail shops, medical and dental offices, multi-family dwellings above the first floor, and professional offices. The property has city water, sewer, and power available. The land in front of the bike path may be used for driveway access, creating convenient entry directly from the highway. Located minutes from local restaurants and the Levy Bay boat ramp, the property is in the heart of Panacea's coastal activity. The location draws a steady stream of tourists, anglers, and nature lovers year-round. The property is partially cleared. The lot size is 0.11 acres.

Key Highlights

  • Prime C‑2 General Commercial lots on high‑traffic US Highway 98 with excellent visibility and frontage.
  • Flexible C‑2 zoning permits a wide range of uses (retail, offices, multi‑family, etc.).
  • Located in Panacea, a popular coastal community attracting tourists, anglers, and nature lovers.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Plumbing Service Building Supply Carpet & Flooring Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market Restaurant Discount Store Travel Agency Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Two commercial lots in Panacea, FL, on high-traffic Highway 98.
Where is this commercial land located?
The property is located at Coastal Highway lot 4 & 5 Panacea, FL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Prime C‑2 General Commercial lots on high‑traffic US Highway 98 with excellent visibility and frontage.; Flexible C‑2 zoning permits a wide range of uses (retail, offices, multi‑family, etc.).; Located in Panacea, a popular coastal community attracting tourists, anglers, and nature lovers.
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