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Mixed-Use Land for Sale in Panacea, Florida

127 Harbor Cir, Panacea, FL 32346

$999,000
2.2 acres
Active
$26k drop
Est $7,065/mo

2.18 acre parcel is zoned C-3 Commercial Recreational and includes a portion of very desirable X and AE flood zone designations. Permitted uses for C-3 include the following: Boat ramps and marinas, recreation vehicle parking and camping (limited stay facilities), fish camps, motels, and hotel to accommodate marinas and fish camp customers, restaurant, and food services. Waterfront Commercial Parcel with office building on Alligator Point. Create your own aquatic playground for a family compound or develop into a serious income-producing property. Over 2 acres of terraced land framed with majestic oak trees overlooking pristine Alligator Harbor. The property includes a Craftsmen-style 1176-square foot steel-frame office building with missile-impact windows, Hardie-plank siding and concrete pilings. ADA-accessible features include a ramped entry and a roll-in shower with grab rails in the large bathroom. Also included is a 12 x 10 storage shed. More than 350 feet of dock extends into the open bay. Current Flood Insurance approximately $1200 and windstorm insurance approximately $1300.

Location

Street address
127 Harbor Cir
Community
Franklin
Elevation
13 feet
Coordinates
29.8961, -84.3736

Directions

S on 319 to Hwy 98. R on Hwy 98. L. on Alligator Dr

Property details

Acreage
2.2 acres
MLS #
TBR 379405
Posted

Property taxes

Recent
$2,956

Parcels

  • 12037-06-07S-01W-0000-0280-0010

Details and features

Listing

Type
Residential
Subtype
Office
Franchise
Independent

Lot

Features
Flood Zone

Exterior

Parking
Paved or Surfaced

Structure

Water
Public
Sewer
Septic Tank
Heating
Central, Heat Pump
Cooling
Attic Fan, Ceiling Fan(s), Central Air
Materials
Metal Frame
Roof
Metal

Interior

Flooring
Hardwood

Listing history

DateEventPriceChangeSource
July 11, 2025Price drop$999,000$26,000 -2.5%TBR
Mar 27, 2025Price drop$1,025,000$24,000 -2.3%TBR
Mar 4, 2025Price drop$1,049,000$50,000 -4.5%TBR
Jan 25, 2025Price drop$1,099,000$51,000 -4.4%TBR
Nov 26, 2024New listing$1,150,000TBR
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This 2.2-acre property is located at 127 Harbor Cir in Panacea, FL 32346. The property is available for sale for $999,000 with a price per acre of $454,091.

Checked 1 hour ago — Updated

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