About This Home

This 0-bedroom, 0-bathroom commercial at 1629 Coastal Highway in Panacea, FL is listed for $265,000. on a 0.80 acres lot.

Key Features

  • 0.80 acre lot
  • 30 parking spaces
  • Waterfront

Property Details

30 spaces

Amenities

Waterfront
Listing Description

RARE COMMERCIAL OPPORTUNITY ON COASTAL HIGHWAY/US-98 IN PANACEA! Bring your vision to Florida's Forgotten Coast with this approximately 6,000 SF commercial property offering exceptional visibility, generous highway frontage, ample parking and beautiful views toward Dickerson Bay.

The spacious, versatile layout provides an incredible opportunity for a destination restaurant, oyster bar, brewery/taproom, live-music venue, wedding or event space, seafood market, outdoor/marine retail concept, or other commercial venture. Extra Parcel #13-5s-02w-000-02780-a46 included in sale for extra parking.

Existing commercial kitchen features and stainless equipment offer a valuable head start for a food, beverage or hospitality concept, while the large covered/open areas provide excellent potential for indoor-outdoor entertaining and events. The electrical, plumbing, and septic have all been updated.

The property's location along US-98 puts it directly in the path of coastal travelers, boaters, anglers, residents and visitors exploring Panacea and Florida's Forgotten Coast. Located just minutes from public boat ramps, marinas, beaches, fishing and Gulf access, this property offers the opportunity to create something truly special in an area known for its authentic Old Florida character and outdoor lifestyle.

Whether envisioned as a restaurant and entertainment destination, coastal event venue, market, retail operation or multi-use commercial concept, 1629 Coastal Highway offers the space, visibility and setting to bring that vision to life.

Monthly Cost Estimate

$1,417/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77

Estimates only. Actual payments may vary.

Location

1629 Coastal Highway

Panacea, FL 32346

Property Details

Flooring

Concrete

Construction

Block MetalFrame Concrete

Parking

Paved or Surfaced

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1629 Coastal Highway is listed at $265,000. The estimated monthly payment is $1,417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.80 acre lot, 30 parking spaces, Waterfront.

This property is listed by Carmin Nedley and can be reached at 8505242442.

CN

Carmin Nedley

License 3190660

Agent at Superior Realty Group LLC

(850) 524-2442

Listed by Superior Realty Group LLC · Broker phone: 8503221649

MLS# 405196· Source: Tallahassee Board of Realtors· 31 days on PropertySimple

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1629 Coastal Highway, Panacea, FL 32346

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