1414 Coastal Highway Panacea, FL 32346
Listing Courtesy of: TALLAHASSEE / Coldwell Banker Hartung / Thomas Jacobs / JoAnn Jacobs

  1414 Coastal Highway Panacea, FL 32346

Active (4 Days)
$275,000
2
BED
2
BATH
1,768
SQFT

Description

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.

MLS #:
384561
Taxes
$1,721
Lot Size
0.67 acres
Type
Townhouse
Year Built
1930
Style
Cottage, One Story, Ranch
Views
Park/Greenbelt
County
Wakulla County
Community
Panacea

Listed By

Thomas Jacobs, Coldwell Banker Hartung
JoAnn Jacobs, Coldwell Banker Hartung
Source
TALLAHASSEE
Last checked Apr 19 2025 at 11:22 PM GMT+0000
Bathroom Details
Interior Features
  • Window Treatments
  • Cooktop
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
Subdivision
  • Panacea
Heating and Cooling
  • Central
  • Electric
  • Central Air
Flooring
  • Plank
  • Tile
  • Vinyl
School Information
  • Elementary School: Other County
  • Middle School: Other County
  • High School: Other County
Parking
  • Driveway
Stories
  • 1
Living Area
  • 1,768 sqft
Location
   
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Disclaimer: Copyright 2025 Tallahassee MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/19/25 16:22