Financial
Distress signals
Property profile

1629 Coastal Hwy Panacea, FL 32346

FOR SALE
Super regional malls
Property ID
US18-8475887
6,080 SF 0.34 ac lot Built 1970
Last sale Aug 2024 · $150,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located in Panacea on Dickerson Bay, situated on approximately 0.95 acres with bay views and approximately 250 feet of highway frontage. The site includes a 6,000 square-foot building with an on-site parking area and a metal roof. Documented exterior and systems upgrades include Hardie siding, a replaced/updated plumbing system, updated electrical systems, new or updated fixtures, fresh interior and exterior paint, and a sump pump. The property is equipped with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$85k
Assessed land$41k
Assessed improvement$44k
Effective rate2.76%

Value estimate

· Sep 2026
$150k
$135k – $165k
AI approach$150k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$7k
Operating expenses−$25k
NOI · 19.43% cap applied$58k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
19.43%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAKULLA

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.3
Pawn Shop8.2
Building Supply7.8

Location

1629 Coastal Hwy Panacea, FL 32346
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

8 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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