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USAFLPanaceaPanacea1414 Coastal Hwy
1 - 1414 Coastal Hwy, Home with 0 bedrooms, 0 bathrooms and null parking in Panacea FL | Image 1
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$242,000

1 - 1414 Coastal Hwy, Panacea, FL

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $1,721
Days Active 62
Lot Size 
Approx. Age 1930
MLS® Number 384565

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number384565
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorDeck
GarageNo
Approx. Age1930
Basement
DrivewayAssigned, Parking Spaces
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

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