1. Florida
  2. Panacea
  3. 1414 Coastal Highway # 1
$275,000

1414 Coastal Highway # 1, Panacea, FL 32346

  • 1,768 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
April 15, 2025 at 05:00AM
Listing Office:
Coldwell Banker Hartung : 850-386-6160
MLS ID:
384565
  • Appliances: MicrowaveRefrigeratorWasher/Dryer
  • Flooring: ClayCeramic TileVinyl
  • A/C: Central AirElectric
  • Heating: CentralElectric

This listing courtesy of Coldwell Banker Hartung

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Medart Elementary School

2558 Coastal Hwy, Crawfordville, FL, 32327

Grades PK-5

3.35 miles away

W

Wakulla Middle School

22 Jean Dr, Crawfordville, FL, 32327

Grades 6-8

6.70 miles away

W

Wakulla High School

3237 Coastal Hwy, Crawfordville, FL, 32327

Grades 9-12

5.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.