Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Striffler St Panacea, FL 32346

    View on Map
    Sponsored
    For Sale
    $30,000

    LAND - Panacea, FL

    Lot size:
    1.15 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 9 at 2:06 pm

    Property Features for Striffler St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared, Wooded
    APN
    12129-03-6S-02W-315-03696-018
    Lot size
    1.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Erica Hailee Cochran

    Southern Oaks Real Estate (850) 509-4409

    Listing agent Erica Hailee Cochran (850) 509-4409 License #3392047

    Listing date Mar 3, 2026

    MLS# 390771

    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.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Silver Glen

    Located in the Silver Glen II subdivision, this 1.15-acre lot offers an opportunity for building a new home. Water and sewer connections are available. The property is near boat ramps, a wildlife refuge, beaches, and seafood dining options. This lot is wooded and situated on the left-hand side. Buyers should confirm lot dimensions and camper restrictions with planning and zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.42246557
    Latitude
    29.98854374

    Nearby Similar for Sale

    • $79,900
      0.22 Acres

      Waterfront Lot in Mashes Sands

      Canal front lot with views, dock, and power in place.
      16 Sunrise Ln, Panacea, FL 32346
      View Details
    • $284,900
      6,080 SF

      Highway Frontage Commercial Building

      Commercial building with highway frontage, suitable for various business ventures.
      1629 Coastal Hwy, Panacea, FL 32346
      View Details
    • $249,000
      0.23 Acres

      Panacea, FL Commercial Property

      Commercial property with bay doors, car lift, and studio apartment.
      1138 Coastal Hwy Dr, Panacea, FL 32346
      View Details
    • $125,000
      1,800 SF

      Coastal Highway Retail Opportunity

      Prime Panacea Retail Space, 1800 sq ft
      1331 Coastal Hwy, Panacea, FL 32346
      View Details
    • $500,000
      0.78 Acres

      Prime Panacea Commercial Property

      Bank Building, High Visibility, 0.78 Acres
      104 Coastal Hwy, Panacea, FL 32346
      View Details
    • $289,000
      6,720 SF

      Panacea Waterfront Commercial Opportunity

      Prime Panacea location, 6720 sq ft, 0.92 acres.
      1353 Coastal Hwy, Panacea, FL 32346
      View Details
    • $169,000
      7,056 SF

      Panacea Commercial Waterfront Opportunity

      Prime Coastal Highway location, 7,056 sq ft.
      1325 Coastal Hwy, Panacea, FL 32346
      View Details
    • $249,000
      659 SF

      Panacea Commercial Property w/ Apartment

      Prime Coastal Hwy Location, Versatile Space
      1138 Coastal Hwy Dr, Panacea, FL 32346
      View Details
    • $30,000
      0.22 Acres

      Panacea Commercial Lot - Highway Frontage

      Prime Panacea location, highway frontage, build your business.
      Hwy, Panacea, FL 32346
      View Details
    • $30,000
      0.22 Acres

      Panacea Commercial Lot - Highway Frontage

      Prime .22-acre lot, 70ft highway frontage.
      Hwy, Panacea, FL 32346
      View Details
    • $1,800,000

      Florida Coastal Convenience Stores

      Turnkey Dual Liquor Store Investment
      1306 Coastal Hwy, Panacea, FL 32346
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.15 acre lot in Panacea, near boat ramps.
    Where is this residential land & home lot located?
    The property is located at Striffler St 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: - 1.15 acre lot in private Silver Glen II subdivision.; - Water and sewer connections available.; - Seconds from boat ramps, wildlife refuge, and beaches.
    (850) 694-3489
    Request Owner's contact information
    Striffler St Panacea, FL 32346
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Striffler St
    Panacea, FL 32346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Striffler St Panacea, FL 32346
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Erica Hailee Cochran
    Real Estate License ID: 3392047
    (850) 694-3489 (850) 509-4409
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!