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Commercial Land With Highway Frontage
For Sale
$32,500

4L Coastal Highway, Panacea, FL 32346

CommercialSale, Panacea, FL

Property SizeContact for details
Lot Size0.50 Acres
Days on Market111

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
Listed By: Paula Knowles · License #559827
Added: Jun 1 Changed: Sep 3 Last Checked: Sep 19 at 1:06PM
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 commercial land offering combines four lots—3, 4, 41, and 42—into a 0.5-acre tract in Panacea. The parcels are zoned commercial and provide approximately 100 feet of highway frontage along Coastal Highway. All four lots are positioned on the same side of the roadway, creating a contiguous commercial land holding within Wakulla County.

Key Highlights

  • Four lots included: 3, 4, 41, and 42
  • 0.5‑acre commercial land tract
  • Apx 100' of HWY frontage

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Restaurant

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
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Four commercial-zoned lots provide a compact development tract along Coastal Highway in Panacea.
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: 3, 4, 41, and 42; 0.5‑acre commercial land tract; Apx 100' of HWY frontage
More about this property
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