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C-2 Commercial Land with Highway Frontage
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 Market96

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: Aug 1 Last Checked: Aug 4 at 10:06AM
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.

Two prime C-2 General Commercial lots are offered as a package and must be sold together. The combined footprint is 100' x 100', zoned C-2 General Commercial. The lots are partially cleared and positioned for a future build consistent with C-2 General Commercial uses, including retail shops, medical and dental offices, multi-family dwellings above the first floor, and professional offices.

The property fronts high-traffic US Highway 98 with visibility and frontage. The land in front of the bike path may be used for driveway access to provide convenient entry directly from the highway. City water and public sewer are available, and power is available to help simplify site planning.

This is a straightforward commercial land offering with highway frontage, public utilities, and a flexible C-2 zoning designation.

Key Highlights

  • Must be sold together: two C‑2 General Commercial lots
  • 100' x 100' combined footprint
  • Directly on high‑traffic US Highway 98 with visibility and frontage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Building Supply 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

33
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
Rey
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 - Two C-2 General Commercial lots are partially cleared and include public water, public sewer, and power available for 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: Must be sold together: two C‑2 General Commercial lots; 100' x 100' combined footprint; Directly on high‑traffic US Highway 98 with visibility and frontage
More about this property
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