Residential Land for Sale in Panacea, Florida

Francis Dr, Panacea, FL 32446

$45,000

0.49 acres

Active sale

Est $332/mo

Discover your coastal paradise on this beautiful 0.48-acre lot in the charming fishing village of Panacea. Perfectly positioned for world-class flats and offshore fishing, with boat ramps just minutes away. Nestled in a peaceful, quiet neighborhood, this prime homesite has city utilities available along with SELLER FINANCING with 50% down-making your dream of Gulf Coast living more attainable than ever. Don't miss this rare opportunity!

Location

Street address: Francis Dr, Lot 10
County: Wakulla County
Community: Otter Lake Road Estates
Elevation: 26 feet
Coordinates: 30.0308, -84.3958

Land for sale in Florida

Directions

From Hwy 98 headed West to Panacea, turn onto Otter Lake Rd. Then turn right onto Francis Ave. Property will be on the left.

Property details

Lot size: 0.487 acres21,214 sq ft
Zoning: Mobile Home, Residential Single Family
MLS #: RAKSGC 324533
Posted: Nov 12, 20255 months ago

Parcels

245S02W16102974A10

Legal description

OTTER LAKE ROAD ESTATES BLOCK A LOT 10

Details and features

Listing

Type: Land
Franchise: Independent

Lot

Features: Level, Within 1/2 Mile of Water

Property utilities

Category	Type	Status
Water	Public	Available

Listing history

Date	Event	Price	Change	Source
Nov 12, 2025	New listing	$45,000	—	RAKSGC

Payment calculator

This 0.487-acre property is located at Francis Dr Lot 10 in Panacea, FL 32446. The property is available for sale for $45,000.

Listed by Sea Crest Real Estate, (850) 251-3434

Checked 2 hours ago — Updated Mar 16, 2026

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