1331 Coastal Hwy Panacea, FL 32346
This exceptional retail property, located at 1331 Coastal Highway Unit 1331 in Panacea, Florida, presents a unique investment opportunity. Boasting a generous 1,800 square feet of space, this property is ideally situated to capitalize on the area's thriving tourism and local economy. The location offers unparalleled access to pristine beaches, renowned restaurants, and world-class fishing opportunities, attracting a steady stream of both tourists and residents. The property sits on a sizable 0.92-acre lot, providing ample space for potential expansion or outdoor seating, depending on the intended business use. The asking price for this turnkey retail space is $125,000. All measurements are approximate. This is a rare chance to establish a successful business in a highly desirable coastal location. The property's strategic positioning near popular attractions ensures high visibility and foot traffic, making it an attractive prospect for a variety of retail ventures. The substantial lot size offers flexibility for future development or outdoor amenities, enhancing the property's overall appeal and potential return on investment. Don't miss this chance to own a piece of Panacea's vibrant coastal community. Serious inquiries are encouraged.
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.