
Mixed-Use Land for Sale in Panacea, Florida
Coastal Hwy, Panacea, FL 32346
PRIME OPPORTUNITY on Highway 98 in Panacea. This 100' x 100' C-2 commercial lot offers rare main highway frontage in one of the most visible corridors along the coast. Whether you are planning a retail space, office, short-term rental investment, or a primary residence with business potential, this flexible zoning allows both commercial and residential use. 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
- Street address
- Coastal Hwy, Lot 4 & 5
- County
- Wakulla County
- Community
- Panacea Heights
- Elevation
- 46 feet
Directions
US-319 S Turn right onto US-98 W Property on right in Panacea
Property details
- Lot size
- 0.11 acres4,792 sq ft
- MLS #
- TBR 396060
- Posted
Property taxes
- Recent
- $162
Parcels
- 12129-25-5S-02W-050-03280-000
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Cleared, Wooded
- Features
- Flood Zone, Less Than One Acre
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Medart | Elementary |
| Wakulla | Middle |
| Wakulla | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 11, 2026 | New listing | $30,000 | — | TBR |