FL > Panacea > Panacea
Panacea, FL 32346,1414 Coastal Highway #1
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Panacea, FL 32346,1414 Coastal Highway #1
Panacea, FL 32346,1414 Coastal Highway #1
Panacea, FL 32346,1414 Coastal Highway #1
Panacea, FL 32346,1414 Coastal Highway #1
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Torris Bethea

Torris Bethea

+1(850) 570-6655
$ 242,500
Est. payment /mo
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Active

1414 Coastal Highway #1 Panacea, FL 32346

3 Beds

3 Baths

1,768 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,768 sqft

Price per Sqft $137

Subdivision Panacea

MLS Listing ID 384565

Bedrooms 3

Full Baths 3

Construction Status Other,Siding - Wood

Year Built 1930

Lot Dimensions 100x300x100x300

Property Sub-Type Multi-Family

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.

Location

State FL

County Wakulla

Area Wakulla-1

Rooms

Other Rooms Utility Room - Inside

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Ceramic/Clay, Vinyl

Equipment Microwave, Refrigerator, Wash/Dry Some, Units Vary

Exterior

Parking Features Assigned Spaces

Private Pool No

Building

Lot Description Great Room, Kitchen - Galley

Story Story - One

Level or Stories Story - One

Construction Status Other,Siding - Wood

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

Ownership Richard A Morrison & Shal

SqFt Source Tax

Miscellaneous Deck,Furnished - Partial,Units Vary

Acceptable Financing Cash, Conventional, FHA, VA, USDA/RD, USDA/RF

Listing Terms Cash, Conventional, FHA, VA, USDA/RD, USDA/RF

Virtual Tour https://home-shot-media.aryeo.com/sites/1414-coastal-hwy-panacea-32346-15291430/unbranded

Listed by Coldwell Banker Hartung
agent

Torris Bethea

Broker | BKBK 3362428

+1(850) 570-6655

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1414 Coastal Highway #1

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