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Property profile & analytics
FOR SALE
Community centers

1353 Coastal Hwy Panacea, FL 32346

7,168 SF 0.64 ac lot Built 1975
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-2698931
1353 Coastal Hwy, Panacea, FL 32346 For Sale
$289,000 7,168 SF
1353 Coastal Hwy, Panacea, FL 32346
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Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the desirable coastal town of Panacea, Florida. Situated at 1353 Coastal Highway, Unit 1353, this expansive 6,720 square foot building sits on a generous 0.92-acre lot, offering significant potential for a variety of commercial ventures. Its prime location provides easy access to the water and is conveniently close to a selection of popular restaurants, ensuring high visibility and convenient access for customers and employees. The property's size and location make it ideal for businesses seeking a prominent presence in a thriving coastal community. All measurements are approximate and should be verified independently. The asking price for this remarkable property is $289,000. This represents a compelling opportunity to acquire a substantial commercial space in a highly sought-after location. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this chance to establish your business in a vibrant and growing area. Further details and viewing arrangements can be made upon request. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,168 SF
Lot 0.64 ac (27,922 SF)
APN 24-5S-02W-287-03041-A02
UPID US18-2698931
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k
Owner & transaction history
Sunshine Bay Properties LLC · 7 yrs held
Sunshine Bay Properties LLC
since 2019
1 recorded transaction
2019
$225,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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