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    1331 Coastal Hwy Panacea, FL 32346

    For Sale
    $125,000

    Prime Panacea Retail Space, 1800 sq ft

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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.

    Property Features for 1331 Coastal Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    1,800 SF
    Lot Size
    40,075 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -84.3896
    Latitude
    30.02851

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    FAQs

    What type of property is this?
    Retail property - Prime Panacea Retail Space, 1800 sq ft
    Where is this retail property located?
    The property is located at 1331 Coastal Hwy Panacea, FL.
    What is the asking price?
    The asking price for this property is $125,000.
    (850) 926-9090
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    1331 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
    1331 Coastal Hwy Panacea, FL 32346
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