Building Details

Number of units 2

Building materials Block, MetalFrame, Concrete

Roof type Metal

Listing Agency: Waypoint Properties Show Phone

Listed By: Wynter Harvey Lopeman · License #SL3575859 Show Phone

Added: Apr 13 Changed: Sep 8 Last Checked: Sep 22 at 3:06PM

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MLS# 398549

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 property combines more than 1,200 square feet of commercial space with a furnished studio apartment. The storefront has received a new metal roof, updated electrical service, recessed lighting, and fresh interior and exterior paint. Block, metal-frame, and concrete construction materials are noted, with public water serving the property.

Set on a 0.23-acre fenced parcel along Highway 98, the property is near local restaurants, boat ramps, and the St. Marks bike and nature trail. The commercial area and separate residential component provide a flexible configuration for an owner-user or an operator seeking additional on-site space, without relying on a single-use layout.

Key Highlights

• More than 1,200 square feet of commercial business space
• Furnished studio apartment included
• New metal roof and updated electrical service

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Plumbing Service Carpet & Flooring Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market

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

1

Residential units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

33

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

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 mixed-use properties 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?

Mixed-use property - Storefront property with a furnished studio apartment, updated electrical service, and a fenced site along Highway 98.

Where is this mixed-use property located?

The property is located at 82 Coastal Highway Panacea, FL.

What is the asking price?

The asking price for this property is $374,900.

What are key features of this property?

This property features: More than 1,200 square feet of commercial business space; Furnished studio apartment included; New metal roof and updated electrical service