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Property profile & analytics
OFF-MARKET
Community centers

1331 Coastal Hwy Panacea, FL 32346

1,920 SF 0.19 ac lot Built 1975
Entity Owned 7-yr Hold Free & Clear
Property ID
US19-0780349
Property summary
AI-generated overview

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 profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,920 SF
Lot 0.19 ac (8,276 SF)
APN 24-5S-02W-287-03041-A05
UPID US19-0780349
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
by Request
Owner & transaction history
Sunshine Bay Properties LLC · 7 yrs held
Sunshine Bay Properties LLC
since 2019
2 recorded transactions
2019
$225,000
2004
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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