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Residential Land for Sale in Panacea, Florida

Pelican Way Lot: 25, Panacea, FL 32346

$54,000
3 acres
Active
$11k drop
Est $405/mo

Beautiful 2.99 acre waterfront lot in the hidden subdivision of Silver Glen! This established neighborhood has mostly undeveloped lots nestled along The Forgotten Coast hosting endless opportunities to view wildlife and enjoy the benefits of a coastal town like fishing, swimming, boating, kayaking, and snorkeling. This buildable lot is located near the bike and running path, beaches, parks, boat ramps, restaurants, and small business. Though rural, this subdivision is approximately 20 miles to major supermarkets and Wakulla County offices; approximately 40 miles to Tallahassee International Airport, the Florida State Capitol Building, and major Tallahassee universities. City water, city sewer, and underground utilities. No HOA.

Location

Street address
Pelican Way Lot: 25
Community
Silver Glen
Elevation
10 feet
Coordinates
29.9911, -84.4242

Directions

Hwy 98, right on Surf Road, right on Pelican Way, Lot on right

Property details

Acreage
2.99 acres
MLS #
TBR 383736
Posted

Parcels

  • 12129-03-6S-02W-209-03702-025

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
Waterfront
Pond
Features
Level, One or More Acres, Rectangular Lot

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
MedartElementary
WakullaMiddle
WakullaHigh

Listing history

DateEventPriceChangeSource
Sept 7, 2025Price drop$54,000$11,000 -16.9%TBR
Apr 23, 2025Price drop$65,000$9,000 -12.2%TBR
Mar 28, 2025New listing$74,000TBR
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This 2.99-acre property is located at Pelican Way Lot: 25 in Panacea, FL 32346. The property is available for sale for $54,000 with a price per acre of $18,060.

Checked 33 mins ago — Updated

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