Mixed-Use Commercial
New
For Sale
$265,000
1629 Coastal Highway, Panacea, FL 32346
CommercialSale, Panacea, FL
Property Size6,000 SF
Lot Size0.80 Acres
Price / SF$44.17
Days on Market2
Property Features for 1629 Coastal Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Parking features
Paved or Surfaced
Lot features
Flood Zone
Directions
HWY 98 in Panacea across from Mineral Springs
Subdivision
Wakulla
Standard status
Active
Lot size
0.80 Acres
Utilities
Sewer type
Septic Tank
Water front
1
Building Details
Flooring type
Concrete
Building materials
Block, MetalFrame, Concrete
Listing Agency:
Superior Realty Group LLC
(850) 322-1649
Listed By:
Carmin Nedley · License #3190660
(850) 524-2442
Added: Sep 22
Last Checked: Sep 23 at 12:06AM
MLS# 405196
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property occupies 0.8 acres along Coastal Highway/US-98 in Panacea. The improvements feature block, metal-frame, and concrete construction, concrete flooring, a commercial kitchen, and stainless equipment. Electrical, plumbing, and septic systems have been updated, while paved parking supports on-site operations.
An additional parcel, #13-5s-02w-000-02780-a46, is included and provides extra parking area. The property has highway frontage and views toward Dickerson Bay, with public boat ramps, marinas, beaches, fishing, and Gulf access located just minutes away. Its setting supports consideration of restaurant, beverage, market, retail, event, or other commercial uses identified for the property.
An additional parcel, #13-5s-02w-000-02780-a46, is included and provides extra parking area. The property has highway frontage and views toward Dickerson Bay, with public boat ramps, marinas, beaches, fishing, and Gulf access located just minutes away. Its setting supports consideration of restaurant, beverage, market, retail, event, or other commercial uses identified for the property.
Key Highlights
- 0.8‑acre mixed‑use commercial property on Coastal Highway/US‑98
- Commercial kitchen with stainless equipment
- Updated electrical, plumbing, and septic systems
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Block-and-metal-frame improvements include a commercial kitchen, stainless equipment, paved parking, and updated electrical, plumbing, and septic systems.
Where is this mixed-use property located?
The property is located at 1629 Coastal Highway Panacea, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 0.8‑acre mixed‑use commercial property on Coastal Highway/US‑98; Commercial kitchen with stainless equipment; Updated electrical, plumbing, and septic systems
