Panacea, FL Waterfront Land for Sale

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Alligator Point, FL St Teresa, FL Crawfordville, FL Sopchoppy, FL Carrabelle, FL Lanark Village, FL Saint Marks, FL Tallahassee, FL

34 properties

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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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Updated: May 13

Cleared Waterfront Homesite

Surf Road, Panacea, FL 32346

$175,000

0.45 AC lot

Cleared waterfront lot on Ochlockonee Bay with deep‑water access
Nearly half‑acre homesite offers direct access to the Gulf
Bay views across to the protected lands of Bald Point State Park
Public water source and public sewer available
Located on a quiet street, about 1 mile from Angelo's Seafood Restaurant

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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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Unimproved Land

LOT 8 Pompano Drive, Panacea, FL 32346

$235,000

Waterfront Land

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Canal-Front Waterfront Land

Blue Heron Way, Panacea, FL 32346

$100,000

0.22 AC lot

Cleared canal-front lot with an existing dock, full fencing, and power available leading to Ochlockonee Bay.

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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

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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Waterfront Residential Land Lot

Lot 10 Francis Ave, Panacea, FL 32346

$45,000

0.48 AC lot

Residential waterfront lot with city utilities available and seller financing options with 50% down.

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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 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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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 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

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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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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Bay-View Lot in Gated Community

Endeavour Drive, Panacea, FL 32346

$35,500

0.14 AC lot

Coastal lot with amenities in Tradewinds community, Panacea, Florida.

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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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Coastal Waterfront Land Lot

Lot 12 River Drive, Panacea, FL 32346

$45,000

Spacious over 1/3-acre lot across from Ochlocknee Bay, with nearby access to the Sopchoppy River and the Gulf.

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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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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 Pond Lot in Gated Community

Turtle Creek Lane lot: 38, Panacea, FL 32346

$44,000

0.54 AC lot

Gated waterfront lot with 100 feet of pond frontage, public water and sewer, and underground utilities.

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Bayfront Property in Panacea, FL

lot 1 Paradise Lane, Panacea, FL 32346

$159,900

0.37 AC lot

Buildable waterfront lot with bay views and nearby amenities.

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Waterfront Land Lot with Pond Frontage

Turtle Creek Lane lot: 40, Panacea, FL 32346

$45,000

0.60 AC lot

Waterfront parcel in a gated community with 80 feet of pond frontage and available public water and sewer.

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Coastal Home Site Opportunity

Lot 78 Surf Road, Panacea, FL 32346

Contact for pricing

Premier lot in gated community near Ochlockonee Bay.

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Waterfront Land Lot in Gated Community

Turtle Creek Lane lot: 37, Panacea, FL 32346

$44,000

0.40 AC lot

Waterfront lot with 116 feet of pond frontage, offered with underground utilities and public water and sewer access.

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Panacea, FL Waterfront Land Market Trends and Statistics

Explore 34 waterfront land for sale in Panacea, FL, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 500,491 square feet of properties for sale, with an estimated market value of $3,102,863.

Sale prices for water rights properties in Panacea, FL start at $30,500, averaging $103,428, and reaching up to $250,000 — 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

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	$99.8K

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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