Residential Land with Home for Sale in Panacea, Florida

Discover the perfect blend of privacy, functionality, and coastal living with this exceptional 7.88-acre property located in Florida's sought-after Forgotten Coast. Set in a peaceful and friendly coastal environment, this well-maintained homestead offers space to breathe, room to grow, and endless possibilities. The property features a comfortable, well-cared-for home surrounded by nature, ideal for full-time living, a retreat, or a working homestead. Multiple outbuildings add incredible value and flexibility, including a heated and cooled workshop and an impressive 2,800-square-foot heated and cooled workshop, perfect for a business, hobbies, storage, or creative pursuits. Enjoy the serenity of wide-open acreage while still being close to it all-world-class fishing, pristine coastal waters, and some of the area's best restaurants are just minutes away. Whether you envision a private retreat, a coastal homestead, or a live-work property, this location delivers both tranquility and convenience. If you're seeking space, privacy, and the authentic coastal lifestyle the Forgotten Coast is known for, this rare acreage property is a must-see. (Furniture and decor in photos are virtually staged)