1414 Coastal Highway 1, Panacea, FL 32346

← Back to search

$275,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1930

Full Baths

Half Baths

Find out more

Prime Investment Opportunity in the Heart of Panacea! This versatile .67-acre Enterprise-zoned property sits in a prime location right next to the Dollar Store in downtown Panacea, backing up to a serene green space and just a short walk to the water—ideal for fishing enthusiasts and vacationers alike. Currently operating as a successful Airbnb, the fully renovated duplex features two stylish studio-style units, each with its own bathroom and hotel-style kitchenette, generating $100/night per unit. Everything feels fresh and new with updates including new floors, fresh paint, new kitchens, new roofs, and more—offering immediate income potential. Also included is a 1930s single-family home that has been completely gutted, providing a blank canvas for your creative vision. The sellers are offering their own renovation plans to help inspire your design ideas. Whether you're looking to expand your vacation rental portfolio or build out a unique mixed-use space in a growing coastal community, this property offers endless potential.

Location
Subdivision	Panacea
County	Wakulla
Elementary School	Other
Middle School	Other
High School	Other

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Thomas Jacobs, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 384565

Listing agent: Thomas Jacobs #649813

Listing broker: Coldwell Banker Hartung And Noblin (850) 386-6160

Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 15 2025 at 9:33 p.m. EDT

Kotohomes National