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Property view
Listing view 2
Listing view 3

1629 Coastal Hwy, 
Panacea, FL 32346

$284,900

—

Bed

—

Bath

6,080

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Kayla Palmer

Timber & Tides Real Estate

Last updated:

January 8, 2026, 04:29 PM

MLS#

324421

Source:

FL RAFGC

About This Home

1629 Coastal Hwy

THE PERFECT BUSINESS OPPORTUNITY WITH A BAY VIEW!!! This incredible commercial property offers 0.95 acres of prime real estate with a 250 feet of highway frontage and a 6,000 sqft building. Featuring ample parking, a metal roof, and extensive upgrades including new plumbing, new electrical, Hardie siding, new sump pump, new fixtures, and fresh interior and exterior paint! Commercial-grade stainless steel equipment conveys, making it ideal for a variety of business ventures. Whether you envision a restaurant, oyster bar, event venue, or a charming Southern hospitality bar, the possibilities are endless. Perfectly situated in the heart of Panacea on Dickerson Bay, this property is just seconds from three boat ramps, deep-water channels, and beaches! Endless opportunities await- this is a must-see investment!

Home Facts

Multi-Family

Built in 1970

Price Summary

284,900

$46 per Sq. Ft.

MLS #:

324421

Last Updated:

January 8, 2026, 04:29 PM

Structure

Structure

Building Area:

6,080 Sq. Ft.

Year Built:

1970

Lot

Lot Size (Sq. Ft):

41,382

Finances & Disclosures

Finances

Price:

$284,900

Price per Sq. Ft:

$46 per Sq. Ft.

Source:FL RAFGC
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo."GLVAR MLS deems information reliable but not guaranteed." Copyright 2026 of the Greater Las Vegas Association of REALTORS®MLS. All rights reserved. 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.