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    Panacea, FL Land for Sale

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    Waterfront Bayfront Homesite
    Updated: Jul 2
    Waterfront Bayfront Homesite

    Pompano Drive lot: 8, Panacea, FL 32346

    $235,000
    0.26 AC lot
    0.26‑acre bayfront homesite on Pompano Drive in Panacea, FL
    Direct access to the Gulf of Mexico for boating, fishing, kayaking, and paddle boarding
    Public water available
    Public sewer available
    Located in Wakulla County near the beach and public boat launch
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    Recreation Land with Garage
    Updated: Sep 4
    Recreation Land with Garage

    2740 Surf Road, Panacea, FL 32346

    $195,000
    0.66 AC lot
    0.66‑acre recreation property in Panacea, FL
    1,200 SQ FT garage for enclosed storage and projects
    900 SQ FT covered carport
    Toy hauler camper included
    Public water source
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    I1-Zoned Industrial Land
    I1-Zoned Industrial Land

    886 Coastal Highway, Panacea, FL 32346

    $300,000
    16.88 AC lot

    I1-zoned parcel along US-98/Coastal Highway with an existing structure and commercial redevelopment potential.

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    Buildable Coastal Residential Lots
    Buildable Coastal Residential Lots

    6-7 Bottoms Road, Panacea, FL 32346

    $110,000
    0.95 AC lot

    Two buildable lots near the coast, boat ramps, and fishing, located in an AE flood zone.

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    Gulf-Front Homesite Land
    Gulf-Front Homesite Land

    1288 Alligator Drive, Panacea, FL 32346

    $250,000
    0.41 AC lot

    Buildable Gulf-front lot in Panacea, FL, offering coastal views and room to design a beach home.

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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    Division Street, Panacea, FL 32346

    $349,000
    0.87 AC lot

    Corner commercial land served by public water and public sewer.

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    Panacea, FL Buildable Lots
    Panacea, FL Buildable Lots

    Bottoms Road lot: 6-7, Panacea, FL 32346

    $110,000
    0.95 AC lot

    Two buildable lots near the coast, boat ramps, and fishing.

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    C-2 General Commercial Land Package
    C-2 General Commercial Land Package

    Lot 4 & 5 Coastal Highway, Panacea, FL 32346

    $30,000

    Two C-2 general commercial lots sold together on US Highway 98.

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    Waterfront Land with Dock
    Waterfront Land with Dock

    Blue Heron Way, Panacea, FL 32346

    $100,000
    0.22 AC lot

    Cleared, fenced canal frontage with public utilities and access toward Ochlockonee Bay and the Gulf.

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    C-2 Commercial Land
    C-2 Commercial Land

    Coastal Highway lot: 4 & 5, Panacea, FL 32346

    $30,000
    0.11 AC lot

    Two partially cleared lots offered together with commercial zoning and direct highway frontage.

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    Commercial Land Parcel
    Commercial Land Parcel

    4L Coastal Highway, Panacea, FL 32346

    $32,500

    Commercial land for sale on the west side of Coastal Highway (Hwy 98) south to Panacea.

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    C-2 Commercial Land Along US Highway 98
    C-2 Commercial Land Along US Highway 98

    Coastal Highway lot: 4 & 5, Panacea, FL 32346

    $30,000
    0.11 AC lot

    Two partially cleared commercial lots with public water, sewer, and power available for future development.

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    Panacea Land Near Dickerson Bay
    Panacea Land Near Dickerson Bay

    Piney Street, Panacea, FL 32346

    $499,000
    1.46 AC lot

    1.46 acre wooded lots near amenities and waterfront activities.

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    Unimproved Land
    Unimproved Land

    LOT 8 Pompano Drive, Panacea, FL 32346

    $235,000

    Waterfront Land

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    Bay Front Lot in Panacea
    Bay Front Lot in Panacea

    Paradise Lane lot: 1, Panacea, FL 32346

    $161,900
    0.37 AC lot

    Waterfront lot with bay views, utilities, and marina access.

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    Commercial Land With Highway Frontage
    Commercial Land With Highway Frontage

    4L Coastal Highway, Panacea, FL 32346

    $32,500
    0.50 AC lot

    Four commercial-zoned lots provide a compact development tract along Coastal Highway in Panacea.

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    Gated Community Homesite Corner Lot
    Gated Community Homesite Corner Lot

    Lot 42 Wilderness Way, Panacea, FL 32346

    $55,000
    1.00 AC lot

    Corner lot in a private gated community with public sewer and water and underground utilities in place.

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    Bay-View Lots in Coastal Panacea
    Bay-View Lots in Coastal Panacea

    Satilla Avenue, Panacea, FL 32346

    $165,000
    0.41 AC lot

    Three adjoining lots with bay views in Panacea, Florida.

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    Land
    Land

    599 Mashes Sands Rd, Panacea, FL 32346

    $275,000

    Waterfront Land

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    Coastal Waterfront Homesite
    Coastal Waterfront Homesite

    Turtle Creek Lane lot: 46, Panacea, FL 32346

    $42,500
    0.87 AC lot

    Residential waterfront land in a gated community with marsh views and access to a clubhouse and pool.

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    Land / Unimproved Land
    Land / Unimproved Land

    1288 Alligator Drive, Panacea, FL 32346

    $250,000

    Waterfront Land

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    Bayfront Residential Land Parcel
    Bayfront Residential Land Parcel

    Levy Bay Road lot: 8, Panacea, FL 32346

    $215,000
    0.86 AC lot

    Cleared, level bayfront lot in Panacea with city water and sewer availability and power and cable available.

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    Waterfront Homesite in Gated Community
    Waterfront Homesite in Gated Community

    Lot 46 Turtle Creek Lane, Panacea, FL 32346

    $42,500

    Buildable lot in a gated Tide Creek Landing community with marsh views and access to clubhouse and pool.

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    Waterfront Golf Cart Community Lot
    Waterfront Golf Cart Community Lot

    Woodstork Drive lot: 4, Panacea, FL 32346

    $45,000
    0.13 AC lot

    Buildable bay-view lot in a gated, golf-cart community with city water and sewer available.

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    Panacea, FL Land Market Trends and Statistics

    Explore 88 land for sale in Panacea, FL, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 13,024,427 square feet of properties for sale, with an estimated market value of $7,782,462.

    Sale prices for lots in Panacea, FL start at $30,000, averaging $117,916, and reaching up to $735,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 52
    Waterfront Land 34
    Commercial land 8
    Industrial land 3
    Recreation land 2

    Demographics Overview

    Population 2,393
    Population Growth (5Y) +35.3%
    Median Household Income $58,382
    College Educated 37.7%

    High-Yield Neighborhoods for Investment

    Identify Panacea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32346 $96.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $34.95 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wakulla County

    New Delisted

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