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    1353 Coastal Hwy Panacea, FL 32346

    For Sale
    $289,000

    Prime Panacea location, 6720 sq ft, 0.92 acres.

    Property size:
    6,720 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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 Features for 1353 Coastal Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,720 SF
    Lot Size
    40,075 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Panacea
    County
    Wakulla
    State
    Florida
    Longitude
    -84.38979
    Latitude
    30.02912

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Panacea location, 6720 sq ft, 0.92 acres.
    Where is this commercial real estate located?
    The property is located at 1353 Coastal Hwy Panacea, FL.
    What is the asking price?
    The asking price for this property is $289,000.
    (850) 926-9090
    Request Owner's contact information
    1353 Coastal Hwy Panacea, FL 32346
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    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

    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.

    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
    1353 Coastal Hwy Panacea, FL 32346
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