Commercial Land with Highway
For Sale
$32,500
4L Coastal Highway, Panacea, FL 32346
COMMERCIAL - Panacea, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market66
Property Features for 4L Coastal Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Panacea Heights Subdivision
Directions
Coastal Highway (Hwy 98) south to Panacea. West side
Standard status
Active
Lot size
0.50 Acres
Building Details
Number of units
4
Listing Agency:
Harvey Lentz Property Group
(850) 926-9090
Listed By:
Paula Knowles · License #559827
(850) 545-0734
Added: Jun 1
Changed: Aug 4
Last Checked: Aug 5 at 4:06AM
MLS# 401262
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 offering includes four lots identified as 3, 4, 41, and 42, zoned for commercial use. The combined land area is approximately 0.5 acres, providing a single ownership opportunity across multiple parcels suitable for a variety of small commercial concepts, subject to applicable requirements.
The property sits on 4L Coastal Highway in Panacea, Florida, with approximately 100 feet of highway frontage. It is located on the same side of the road and is described as being just before the now closed Posey’s Restaurant, which helps establish a recognizable point along the roadway.
For buyers looking for commercially zoned land with direct roadway frontage, these contiguous lots offer a practical buildable footprint to explore retail, service, or other commercial uses consistent with the existing zoning. Since the listing does not specify improvements or utilities, due diligence will be important to confirm site conditions and development readiness for your intended project.
The property sits on 4L Coastal Highway in Panacea, Florida, with approximately 100 feet of highway frontage. It is located on the same side of the road and is described as being just before the now closed Posey’s Restaurant, which helps establish a recognizable point along the roadway.
For buyers looking for commercially zoned land with direct roadway frontage, these contiguous lots offer a practical buildable footprint to explore retail, service, or other commercial uses consistent with the existing zoning. Since the listing does not specify improvements or utilities, due diligence will be important to confirm site conditions and development readiness for your intended project.
Key Highlights
- Four lots included: lots 3, 4, 41, and 42, zoned commercial
- Approximately 100' of Highway frontage
- All lots are on the same side of the road, just before the now‑closed Posey's Restaurant
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
89
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Four commercial-zoned lots totaling 0.5 acres with approximately 100 feet of highway frontage on the same side of the road.
Where is this commercial land located?
The property is located at 4L Coastal Highway Panacea, FL.
What is the asking price?
The asking price for this property is $32,500.
What are key features of this property?
This property features: Four lots included: lots 3, 4, 41, and 42, zoned commercial; Approximately 100' of Highway frontage; All lots are on the same side of the road, just before the now‑closed Posey's Restaurant
