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Retail Storefront with Furnished Studio
For Sale
$374,900

82 Coastal Highway, Panacea, FL 32346

COMMERCIAL - Panacea, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market118

Property Features for 82 Coastal Highway

General Information

Property type Commercial Sale
Property subtype Other
Parking features Fenced
Fencing Fenced
Directions Right off 98 just before the bridge and Angelos
Subdivision Wakulla
Standard status Active
Lot size 0.23 Acres

Utilities

Water source Public

Building Details

Number of units 2
Building materials Block, MetalFrame, Concrete
Roof type Metal
Listing Agency: Waypoint Properties
Listed By: Wynter Harvey Lopeman · License #SL3575859
Added: Apr 13 Changed: Aug 4 Last Checked: Aug 8 at 5:06AM
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 for-sale commercial storefront includes a fully furnished studio apartment. The property is described as having over 1,200 square feet of commercial business space, with recent improvements that include a brand-new roof, all new electric, recessed lighting, and a fresh coat of paint.

The building is located directly on Highway 98 in Panacea, Florida, near local restaurants and boat ramps, and close to the St. Marks bike and nature trail.

With both retail and residential components on-site, the layout is designed for dual-purpose use as a storefront with an attached studio apartment.

Key Highlights

  • Prime location directly on Highway 98, near restaurants, boat ramps, and nature trail.
  • Over 1200 sqft of commercial business space suitable for entrepreneurs and investors.
  • Includes a fully furnished studio apartment for rental income or on‑site living.

Property Analytics

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

89
Businesses Nearby
Well-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront includes a furnished studio apartment and recent updates including a new roof and electric.
Where is this storefront 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: Prime location directly on Highway 98, near restaurants, boat ramps, and nature trail.; Over 1200 sqft of commercial business space suitable for entrepreneurs and investors.; Includes a fully furnished studio apartment for rental income or on‑site living.
More about this property
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