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LOT 4 & 5 Coastal Highway

Panacea, FL 32346
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Acres0.11

Acre(Lot)

Two prime C-2 General Commercial lots in the heart of Panacea, FL — must be sold together. Located directly on high-traffic US Highway 98 with excellent visibility and frontage, this package offers an incredibly affordable entry point into one of Florida's most beloved coastal communities. The 100' x 100' combined footprint is zoned C-2 General Commercial, one of Wakulla County's most flexible zoning designations, permitting a wide range of uses including retail shops, medical and dental offices, multi-family dwellings above the first floor, professional offices, and much more. Panacea is a charming fishing village nestled along Dickerson Bay on Florida's breathtaking Forgotten Coast, just 45 minutes south of Tallahassee. Known for its blue crab industry, waterfront dining, and laid-bac k coastal lifestyle, Panacea draws a steady stream of tourists, anglers, and nature lovers year-round — making Highway 98 frontage here genuinely valuable. Partially cleared and ready for your vision, the property has city water, sewer, and power available, helping simplify your build plans. The land in front of the bike path may be used for driveway access, creating convenient entry directly from the highway. Located just minutes from local restaurants and the Levy Bay boat ramp, this property sits in the heart of Panacea’s coastal activity. High visibility. Strong traffic count. Endless potential. Seller financing available. Opportunities like this on Highway 98 do not come along often.

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Detail Ic Property Details

Property Type : Land

Price : $30,000

AD Id : 77875093

MLS Id : 399359

Lot Size : 0.11 Acre(Lot)

County : Wakulla

Subdivision: Panacea Heights

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Feature Features

  • Lot Information

    Lot Dimensions: 100 x 100 x 100 x 100 Lot Size Acres: 0.11 Lot Description: LessThanOneAcre,FloodZone

    Property Information

    Subdivision: PANACEA HEIGHTS Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $30000
    Cash, Conventional, OwnerMayCarry, UsdaLoan

  • Tax Information

    Parcel Number: 12129-25-5S-02W-050-03280-000 Tax Lot: 4 & 5 Tax Block: A Annual Tax: $162

  • School Information

    Elementary School: MEDART Junior High School: WAKULLA Senior High School: WAKULLA
  • Utility Information

    ElectricityAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: US-319 S Turn right onto US-98 W Property on right in Panacea WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3 Marlin Street, Alligator Point, FL, 32346 $97,000 -- -- -- Acres (Lot)--
4 ACRES Mashes Sands Road, Panacea, FL, 32346 $100,000 -- -- -- 174,240 Sqft(Lot)
Sunrise Lane, Panacea, FL, 32346 $89,000 -- -- -- Acres (Lot)--
Sunrise Lane, Panacea, FL, 32346 $81,500 -- -- -- Acres (Lot)--
Sunrise Lane #IV, Panacea, FL, 32346 $425,000 -- -- -- Acres (Lot)--
LOT 3 Schooner Court, Panacea, FL, 32346 $58,000 -- -- -- Acres (Lot)--
LOT 13 Cutty Sark Court, Panacea, FL, 32346 $375,000 -- -- -- 10,018.80 Sqft(Lot)
40 Endeavour Drive, Panacea, FL, 32346 $84,000 -- -- -- Acres (Lot)--
LOT 41 Endeavour Drive .., Panacea, FL, 32346 $65,000 -- -- -- Acres (Lot)--
LOT 38 Endeavour Drive, Panacea, FL, 32346 $39,900 -- -- -- Acres (Lot)--

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ByOwner last updated this listing 06/11/2026 @ 21:42

MLS: 399359 LISTED BY: Patricia Quasney, Waypoint Properties 850-926-9100 SOURCE: TBRMLS

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