Lot 4 & 5 Coastal Highway

Panacea, FL 32346

Two prime C-2 General Commercial lots in the heart of Panacea, FL — must be sold together. Located directly on high-traffic US Highway 98 with excellent visibility and frontage, this package offers an incredibly affordable entry point into one of Florida's most beloved coastal communities. The 100' x 100' combined footprint is zoned C-2 General Commercial, one of Wakulla County's most flexible zoning designations, permitting a wide range of uses including retail shops, medical and dental offices, multi-family dwellings above the first floor, professional offices, and much more. Panacea is a charming fishing village nestled along Dickerson Bay on Florida's breathtaking Forgotten Coast, just 45 minutes south of Tallahassee. Known for its blue crab industry, waterfront dining, and laid-back coastal lifestyle, Panacea draws a steady stream of tourists, anglers, and nature lovers year-round — making Highway 98 frontage here genuinely valuable. 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.

Listing courtesy of Waypoint Properties



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Last checked 2026-05-02 01:12 PM EDT