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C-2 Commercial Land
For Sale
$30,000

Coastal Highway lot 4 & 5, Panacea, FL 32346

COMMERCIAL - Panacea, FL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market129

Property Features for Coastal Highway lot 4 & 5

General Information

Property type Commercial Sale
Property subtype Other
Subdivision PANACEA HEIGHTS
Directions Take 98 W to Panacea, lots on right.
Standard status Active
APN 12129-25-5S-02W-050-03280-000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 162
Listing Agency: Waypoint Properties
Listed By: Patricia Quasney · License #3346367
Added: May 1 Changed: Aug 19 Last Checked: Sep 6 at 6:06AM
MLS# 399361

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 two commercial lots that are to be conveyed together. The land is partially cleared and carries C-2 General Commercial zoning. The source information identifies potential uses including retail, medical and dental offices, professional offices, and multifamily dwellings above the first floor.

The property fronts US Highway 98 in Panacea, Florida, with the address identified as Coastal Highway lots 4 and 5. Panacea is located in Wakulla County, approximately 45 minutes south of Tallahassee, and sits along Dickerson Bay. The surrounding community is associated with fishing, waterfront dining, tourism, angling, and nature-oriented recreation.

Key Highlights

  • Two commercial lots offered together
  • C‑2 General Commercial zoning
  • Partially cleared land

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Building Supply Carpet & Flooring Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two partially cleared commercial lots provide highway exposure and flexible C-2 zoning for a range of stated uses.
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: Two commercial lots offered together; C‑2 General Commercial zoning; Partially cleared land
More about this property
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