886 Coastal Highway Panacea, FL $ 300,000
886 Coastal Highway
$ 300,000
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886 Coastal Highway

Panacea, FL, 32346
$ 300,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,847

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Commercial Property for sale in Panacea, FL

for $300,000. The lot size is 16.88.

Attention developers and savvy investors: this 16.88 I1 zoned property on US-98/Coastal Highway is a rare opportunity to own a high-visibility commercial parcel in a growth corridor. With a 1,200 sq. ft. structure already in place, the site is perfectly suited for redevelopment, expansion, or adaptive commercial use. Three adjacent parcels zoned RSU! are available which would make the total 60.88 acres. Comparable I1 properties along Coastal Hwy have seen strong appreciation, and this location offers immediate access, excellent traffic exposure, and untapped potential. Whether you’re considering rental income, a commercial build-to-suit, or future resale, the property’s size and zoning flexibility provide a clear path to maximize ROI. Secure 886 Coastal Hwy today and position yourself to capitalize on Wakulla County’s commercial growth.

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Commercial Active

Price

$ 300,000

Property Type

Commercial

Taxes

$ 2,125

Style

Business

Lot Size

16.88

Town/City

Panacea

County/Region

Wakulla

MLS | Web ID

398389

Features
General
Property Subtype Business
County Wakulla
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Coastal Hwy (Hwy 98) West of Poseys.
City Panacea
Senior Community Y/N N
MLS Area Wakulla
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2125.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
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Exterior
Spa N
Lot Size Acres 16.88
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 886
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* Excluded Features
List By
Flamingo Realty Of Tallahassee

Broker

Affordability Calculator

$2,024
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571063 Elementary School
3570942 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$300,000 Listed Price

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886 Coastal Highway, Panacea, FL, 32346 is a Commercial Property for sale at $300,000 with a lot size of 16.88. The property's zip code is 32346 which is in Panacea, FL