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C-2 Commercial Land Along US Highway 98
For Sale
$30,000

Coastal Highway lot 4 & 5, Panacea, FL 32346

Land, Panacea, FL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market142

Property Features for Coastal Highway lot 4 & 5

General Information

Property type Land
Property subtype Other
Vegetation Wooded, Cleared
Subdivision PANACEA HEIGHTS
Lot features Less Than One Acre, Flood Zone
Elementary school MEDART
Middle school WAKULLA
High school WAKULLA
Directions US-319 S Turn right onto US-98 W Property on right in Panacea
Standard status Active
APN 12129-25-5S-02W-050-03280-000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 162

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Waypoint Properties
Listed By: Patricia Quasney · License #3346367
Added: May 1 Changed: Sep 17 Last Checked: Sep 19 at 1:06PM
MLS# 399359

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 combines two commercial lots that must be sold together, creating a 100-foot by 100-foot footprint totaling 0.11 acres. The land is partially cleared and carries C-2 General Commercial zoning. Public water and sewer are available, along with power, providing established utility access for a future project.

The property fronts US Highway 98 in Panacea, Florida, with the combined lots positioned along the coastal highway corridor. Land in front of the bike path may be used for driveway access from the highway. The site is near local restaurants and the Levy Bay boat ramp, with Dickerson Bay and the community’s waterfront setting nearby.

Key Highlights

  • Two C‑2 General Commercial lots sold together
  • 100‑foot by 100‑foot combined footprint totaling 0.11 acres
  • Frontage along US Highway 98 in Panacea, FL

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hair Salon Nail Salon

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two partially cleared commercial lots with public water, sewer, and power available for future development.
Where is this commercial land located?
The property is located at Coastal Highway lot 4 & 5 Panacea, FL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Two C‑2 General Commercial lots sold together; 100‑foot by 100‑foot combined footprint totaling 0.11 acres; Frontage along US Highway 98 in Panacea, FL
More about this property
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