MLS# 384561 – 1414 Coastal Highway, Panacea, FL 32346

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$275,000 - 2Br/2Ba - for Sale in Panacea, Panacea
Price: $275,000
Beds: 2
Baths: 2
Living Area SqFt: 1,768
Status: Active
Property Type: Townhouse
Lot Size Acres: 0.67
Lot Size SqFt: 29,185
Year Built: 1930
Neighborhood: Panacea
Days on Website: 23

Courtesy of , Coldwell Banker Hartung

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Property 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.

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Property Details and Features

  • Property Access
  • Road responsibility: PublicMaintainedRoad
  • Road surface type: Paved
  • Appliances & Equipment
  • Cooktop
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Bathrooms
  • 2 full bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 2 total bedrooms
  • Building
  • Built in 1930
  • Architectural style: Cottage,Ranch,OneStory
  • Construction materials: Other,WoodSiding
  • 1
  • Toal building area: 1768
  • Community
  • StreetLights
  • Sidewalks
  • Cooling
  • CentralAir
  • Electric
  • Floors
  • Plank
  • Tile
  • Vinyl
  • Heating
  • Central
  • Electric
  • Interior Features
  • StallShower
  • WindowTreatments
  • Listing
  • Listing ID: 384561
  • Standard status: Active
  • 21 days on market
  • Location
  • Subdivision name: Panacea
  • Lot
  • 0.67 acres
  • Parking
  • Driveway
  • Property
  • Patio and porch features: Covered,Deck,Porch
  • ParkGreenbelt
  • Schools
  • Elementary school: OTHER COUNTY
  • Middleorjuniorschool: OTHER COUNTY
  • High school: OTHER COUNTY

Property Map

$275,000 – 1414 Coastal Highway, Panacea, FL 32346

Street View

Nearby Schools

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