1414 Coastal Highway
Panacea, FL 32346
- 2 beds
- 2 baths
- 1,768 sqft
- ~3/4 acre lot
- $155 per sqft
- 1930 build
- – on site
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.
Last checked:
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Last updated Apr 15, 2025
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MLS# 384561 —
The Building
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Year Built:1930
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Architectural Style:Cottage,Ranch,OneStory
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Stories:1
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Patio And Porch Features:Covered,Deck,Porch
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Construction Materials:Other,WoodSiding
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Building Area Total:1768.0
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Building Area Source:Assessor
Interior
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Interior Features:StallShower,WindowTreatments
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Flooring:Plank,Tile,Vinyl
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Fireplace:false
Room Dimensions
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Living Area:1768.0
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Directions:Next to the Dollar Store on Highway 98 - Panacea
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Latitude:30.031627
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Longitude:-84.390958
The Property
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Property Type:Residential
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Property Subtype:Townhouse
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Lot Size Acres:0.67
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Lot Size Dimensions:100x300x100x300
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Road Surface Type:Paved
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Road Responsibility:PublicMaintainedRoad
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Parcel Number:12129-24-5S-02W-000-02976-000
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View:ParkGreenbelt
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View:true
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (850) 556-5426
- Office phone:
- (850) 386-6160
Taxes
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Tax Lot:-
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Tax Annual Amount:1721.0
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir,Electric
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Cooling:true
Appliances
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Appliances:Cooktop,Dryer,Microwave,Refrigerator,Washer
Schools
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Elementary School:OTHER COUNTY
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Middle Or Junior School:OTHER COUNTY
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High School:OTHER COUNTY
The Community
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Subdivision Name:Panacea
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Community Features:StreetLights,Sidewalks
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Association Fee Includes:None
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Pool Private:false
Parking
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Parking Features:Driveway
Monthly cost estimate
Asking price
$275,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,472
|
| Taxes | $143 |
| Insurance | $75 |
| Utilities | $172 See report |
| Total | $1,862/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/25
Apr 15, 2025
|
Listed / Active | CATRS | $275,000 |
