Panacea, FL Commercial
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 Market97
Property Features for Coastal Highway lot 4 & 5
General Information
Property type
Land
Property subtype
Other
Subdivision
PANACEA HEIGHTS
Directions
Take 98 W to Panacea, lots on right.
Standard status
Active
APN
12129-25-5S-02W-050-03280-000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
162
Listing Agency:
Waypoint Properties
(850) 926-9100
Listed By:
Patricia Quasney · License #3346367
(305) 395-0607
Added: May 1
Changed: Jul 9
Last Checked: Aug 5 at 3:06AM
MLS# 399361
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 commercial lots are available in Panacea, Florida. These lots, to be sold together, are located directly on high-traffic US Highway 98, offering visibility and frontage. The combined footprint measures 100 feet by 100 feet. Zoned C-2 General Commercial, the property allows for various uses, including retail shops, medical and dental offices, multi-family dwellings above the first floor, and professional offices. Panacea is a fishing village on Florida's Forgotten Coast, south of Tallahassee. The area attracts tourists, anglers, and nature lovers, making Highway 98 frontage valuable. The lots are partially cleared. The total lot size is 0.11 acres.
Key Highlights
- Prime C‑2 General Commercial lots on high‑traffic US Highway 98 with excellent visibility.
- Flexible C‑2 zoning permits a wide range of uses.
- Located in Panacea, a popular coastal community on Florida's Forgotten Coast.
Property Analytics
Property Profile
Current Use
Lease Details
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
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 commercial lots in Panacea, FL, on high-traffic Highway 98.
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: Prime C‑2 General Commercial lots on high‑traffic US Highway 98 with excellent visibility.; Flexible C‑2 zoning permits a wide range of uses.; Located in Panacea, a popular coastal community on Florida's Forgotten Coast.
