886 Coastal Hwy Panacea, FL 32346

1,298 SF 1.27 ac lot Built 1997

Entity Owned 2-yr Hold ~ Est. High Equity

Property ID

US18-3390151

$300,000 1,298 SF

886 Coastal Hwy, Panacea, FL 32346
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This exceptional 58.97-acre property, located at 886 Coastal Highway Unit 886, Panacea, Florida, presents a remarkable investment opportunity. Boasting mixed-use zoning, this expansive land parcel offers significant commercial potential and the possibility for residential expansion. Its strategic location on Highway 98, just south of Panacea, ensures high visibility and convenient access. The property's unique feature is its adjacency to the St. Marks National Wildlife Refuge, enhancing its natural beauty and offering serene surroundings with several ponds and lakes. Imagine developing a thriving business while capitalizing on the residential demand in this desirable area. The property's proximity to local boat ramps, waterfront dining establishments, shopping centers, and pristine beaches adds to its appeal. This versatile land is ideal for a variety of projects, from commercial ventures to residential subdivisions. Detailed environmental paperwork and surveys are readily available for review, facilitating a smooth and informed decision-making process. Priced at $800,000, this is a rare chance to acquire a significant piece of Florida real estate with endless possibilities. Don't miss this opportunity to own a truly unique and valuable property.