1353 Coastal Hwy Panacea, FL 32346
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.