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    Spruce Ave Panacea, FL 32346

    Under Contract
    For Sale
    $34,999

    LAND - Panacea, FL

    Lot size:
    0.50 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for Spruce Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    12129-23-5S-02W-095-02837-000
    Lot size
    0.50 Acres

    Utilities

    Water source
    Public

    Building Details

    Additional Structures
    Shed(s)

    Keller Williams Town and Country Realty (850) 201-4663 [email protected]

    Listing agent James E Roberts (850) 201-4663 License #3119817

    Listing date Dec 3, 2025

    MLS# 387086 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

    Cleared Land in Quiet Neighborhood

    This is a cleared, level 0.5-acre land parcel situated in a quiet neighborhood. The property includes city water access and features an all-metal 10x10 shed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.4029732
    Latitude
    30.03228569

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    FAQs

    What type of property is this?
    Land - Half-acre lot with city water and metal shed in Panacea.
    Where is this land located?
    The property is located at Spruce Ave Panacea, FL.
    What is the asking price?
    The asking price for this property is $34,999.
    What are key features of this property?
    This property features: - Cleared, level .5 acre lot ready for building.; - City water connection available.; - Located in a quiet neighborhood.
    (850) 201-4663
    Request Owner's contact information
    Spruce Ave 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

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    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
    Spruce Ave Panacea, FL 32346
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