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C-2 Commercial Land
For Sale
$30,000

Coastal Highway lot 4 & 5, Panacea, FL 32346

CommercialSale, 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 Commercial Sale
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
Listed By: Patricia Quasney · License #3346367
Added: May 1 Changed: Sep 8 Last Checked: Sep 19 at 1:06PM
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.

This commercial land offering combines two C-2 General Commercial lots that must be purchased together. The parcels create a 100' x 100' footprint totaling 0.11 acres and are partially cleared for future development. C-2 zoning supports uses identified in the property information, including retail shops, medical and dental offices, professional offices, and multi-family dwellings above the first floor.

The property fronts US Highway 98 in Panacea, Florida, with the address identified as Coastal Highway lots 4 and 5. Its setting is within Wakulla County and the Panacea community, providing a highway-oriented location for a range of commercial or mixed-use concepts permitted by the zoning. The combined lots offer a compact development site with established highway access and a flexible commercial designation.

Key Highlights

  • Two C‑2 General Commercial lots offered together
  • 100' x 100' combined footprint
  • 0.11 acres

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

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 lots offered together with commercial zoning and direct highway frontage.
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 offered together; 100' x 100' combined footprint; 0.11 acres
More about this property
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