About This Home

This land at Coastal Highway lot: 4 & 5 in Panacea, FL is listed for $30,000 (0.11 acres).

Key Features

  • 0.11 acre lot
Listing Description

Highway Frontage! 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-back 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.

Location

Coastal Highway lot: 4 & 5

Panacea, FL 32346

PANACEA HEIGHTS

Questions & Answers

This 0-bedroom, 0-bathroom land at Coastal Highway lot: 4 & 5 is listed at $30,000. The estimated monthly payment is $161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.11 acre lot.

This property is listed by Patricia Quasney.

PQ

Patricia Quasney

License 3346367

Agent at Waypoint Properties

Listed by Waypoint Properties · Broker phone: 8509269100 · View on Broker Site

MLS# 399359· Source: Tallahassee Board of Realtors· 182 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.

Coastal Highway lot: 4 & 5, Panacea, FL 32346

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