Building Details

Buildings 1

Listing Agency: Coastwise Realty k***@gmail.com Show Phone

Listed By: Kayla Palmer · License #FL 3448467

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:07PM

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes a 6,000-square-foot building on 0.95 acres, with a bay view and 250 feet of Highway frontage. Recent improvements include a metal roof, new plumbing, electrical work, Hardie siding, a sump pump, fixtures, and interior paint. Commercial stainless steel equipment conveys with the property.

The property is located in Panacea on Dickerson Bay at 1629 Coastal Hwy. Three boat ramps are nearby, along with deep-water channels and beaches. The existing improvements support restaurant, oyster bar, venue, or bar concepts identified for the property.

Key Highlights

• 6,000‑square‑foot building on 0.95 acres
• 250 feet of Highway frontage with a bay view
• Commercial stainless steel equipment conveys

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 32346, FL

1,750

Population

1,716

Households

1

Avg Household Size

55

Median Age

26%

College-Educated

91%

High-School Grad

28.4 sq mi

ZIP Area

62

Density / Sq Mi

$58,382

Median Household Income

$23,889

Median Earnings

$1,468

Median Rent

$233,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Renovated commercial improvements include stainless equipment, fresh paint, and extensive on-site parking.

Where is this conventional restaurant located?

The property is located at 1629 Coastal Hwy Panacea, FL.

What are key features of this property?

This property features: 6,000‑square‑foot building on 0.95 acres; 250 feet of Highway frontage with a bay view; Commercial stainless steel equipment conveys