Waterfront

Panacea, FL Waterfront 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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Gulf-Front Homesite Land
Updated: Jun 26
Gulf-Front Homesite Land

1288 Alligator Drive, Panacea, FL 32346

$250,000
0.41 AC lot
Buildable 0.41‑acre Gulf‑front homesite on Alligator Drive in Alligator Point
Panoramic views of the Gulf from the property
Gulf‑front setting for a beach home with your own front‑yard wildlife viewing
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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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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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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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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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Land
Land

599 Mashes Sands Rd, Panacea, FL 32346

$275,000

Waterfront Land

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Waterfront Corner Lot
Waterfront Corner Lot

3 MARLIN Street, Panacea, FL 32346

$97,000
0.16 AC lot

R-1 waterfront land with public water available and septic needed.

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Waterfront Aviation Lot in Panacea
Waterfront Aviation Lot in Panacea

Cessna Lane, Panacea, FL 32346

$59,900
1.96 AC lot

1.96-acre waterfront lot in premier fly-in community.

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Land / Unimproved Land
Land / Unimproved Land

1288 Alligator Drive, Panacea, FL 32346

$250,000

Waterfront Land

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Land, Panacea, FL
Land, Panacea, FL

Surf Road, Panacea, FL 32346

$169,000
0.45 AC lot

Waterfront Land · 0.45 Acres

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South-Facing Waterfront Land
South-Facing Waterfront Land

134 River Drive, Panacea, FL 32346

$234,900
0.33 AC lot

South-facing lot on Ochlockonee Bay with water, sewer, and electric available at the site.

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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 Land in Gated Community
Waterfront Land in Gated Community

Surf Rd lot: 20, Panacea, FL 32346

$49,500
0.43 AC lot

Premier lots in a gated community near Ochlockonee Bay.

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Ochlockonee Bay Waterfront Lot
Ochlockonee Bay Waterfront Lot

River Cove Rd lot: 1, Panacea, FL 32346

$169,000
0.20 AC lot

Bayfront homesite with available public utilities and no HOA requirement.

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Land / Unimproved Land
Land / Unimproved Land

22 Top Sail W/boat Way, Panacea, FL 32346

$209,900

Waterfront Land

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Ochlockonee Bay Waterfront Lot
Ochlockonee Bay Waterfront Lot

22 Top Sail w/Boat Slip I Way, Panacea, FL 32346

$209,900
0.24 AC lot

Waterfront lot with deep-water boat slip and Gulf views.

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Bay View Waterfront Lot
Bay View Waterfront Lot

Lot 4 Woodstork Drive, Panacea, FL 32346

$45,000

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

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Waterfront Land in Gated Community
Waterfront Land in Gated Community

Frogs Beckon Ct lot: 48, Panacea, FL 32346

$30,500
0.55 AC lot

Premier lots near Ochlockonee Bay in gated community.

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Canal-Front Waterfront Lot
Canal-Front Waterfront Lot

16 Pompano Dr, Panacea, FL 32346

$81,363

Canal-front lot with open-water views and quick Bay access in Panacea Shores.

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Waterfront Residential Land with Boat Slip
Waterfront Residential Land with Boat Slip

Baltimore Clipper Court with Boat Slip D9 lot: 24, Panacea, FL 32346

$56,000
0.14 AC lot

Residential lot in a gated waterfront subdivision, with Boat Slip D9 included with the sale.

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Waterfront Residential Land Lot
Waterfront Residential Land Lot

Lot 20 Surf Dr, Panacea, FL 32346

$49,500

Premier lot in a private, gated community near Ochlockonee Bay, with public sewer and water plus underground utilities on site.

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Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

Endeavour Drive with Boat Slip D2 lot: 41, Panacea, FL 32346

$63,000
0.17 AC lot

Waterfront lot that backs to a pond and includes a boat slip in a gated community near clubhouse amenities.

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Panacea, FL Waterfront Land Market Trends and Statistics

Explore 32 waterfront land for sale in Panacea, FL, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 331,914 square feet of properties for sale, with an estimated market value of $3,629,362.

Sale prices for water rights properties in Panacea, FL start at $30,500, averaging $129,620, and reaching up to $275,000 — 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 48
Waterfront Land 32
Commercial land 9
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 $116.1K

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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