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Panacea, FL Homes for Sale under $400,000

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  • /12

    $100,000

    • Land
    • 10.98 Acres
    • $9,107 per Acre

    337 Levy Bay Rd, Panacea, FL 32346

    Own a piece of Ole Florida, 10.98 acres surrounded by water and has a nice pond tied to the Bay so it is tidal. You would have a beautiful view of water and trees with a serene place to build a home. At the end of Levy Bay Rd is a boat ramp.

    Agent Photo

    Barbara Slaughter

    Re/Max Professionals Realty

    337 Levy Bay Rd, Panacea, FL 32346
  • /52

    $175,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    27 Chehaw St, Panacea, FL 32346

    Recently updated and move-in ready, this well-maintained mobile home in Panacea sits on a spacious 0.24-acre lot and offers both comfort and investment potential. Inside, you'll find fresh paint, durable luxury vinyl plank flooring throughout, and a desirable split-bedroom floor plan that provides privacy for family and guests. The spacious kitchen offers plenty of cabinet and counter space and

    Agent Photo

    Paige Joseph

    Anchor Realty Florida

    27 Chehaw St, Panacea, FL 32346
  • /41

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft

    69 Suwannee Ave, Panacea, FL 32346

    Welcome to your slice of Old Florida paradise! This fabulous 1940's Coastal bungalow sits proudly on a spacious double lot, brimming with character and timeless charm. Featuring original woodwork throughout, this home blends vintage appeal with modern comforts. Located on a peaceful, quiet street in the Heart of Panacea for quick and easy access to local favorites- Enjoy nearby Beaches,

    Agent Photo

    Debbie Brett

    Keller Williams Town & Country

    69 Suwannee Ave, Panacea, FL 32346
  • /9

    $235,000

    • Land
    • 11,325 Sq Ft
    • $903,846 per Acre

    LOT 8 Pompano Dr, Panacea, FL 32346

    Build your dream waterfront retreat on Pompano Drive in beautiful Panacea! This exceptional Bayfront homesite offers direct access to the Gulf of Mexico, making it a paradise for boating, fishing, kayaking, and paddle boarding enthusiasts. Enjoy breathtaking sunrises and sunsets over the bay from your own backyard while embracing the laid-back charm of Florida's Forgotten Coast. Conveniently

    Agent Photo

    Debbie Brett

    Keller Williams Town & Country

    LOT 8 Pompano Dr, Panacea, FL 32346
  • /41

    $199,900

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,148 Sq Ft

    12 Lake Essay Dr, Panacea, FL 32346

    Bring your boats and don’t miss the chance to own this delightful 2-bedroom, 1-bath cottage, nestled in the heart of Panacea. This custom-built home offers a metal roof, two newly installed decks, new privacy fence, new water heater, and durable hurricane shutters. Set amidst a serene hardwood hammock at the edge of Lake Essay, the property is fenced, creating the perfect retreat for both you and

    Agent Photo

    Lesa Evans

    Bluewater Realty Group

    12 Lake Essay Dr, Panacea, FL 32346
  • /39

    $229,000

    • 1 Bed
    • 1 Bath
    • 810 Sq Ft

    19 Mashes Sands Rd Unit F12, Panacea, FL 32346

    Experience care-free Coastal living. Bayfront condo located in the Heart of Panacea. Enjoy resort-style amenities: community pool, tennis court, & gated entry. A scenic walking/bike path leads to quick & easy Beach/Boating access to enjoy the best of Florida’s Forgotten Coast lifestyle. Prime location for both sunrise and sunsets & the convenience to walk to the popular shops, restaurants, and

    Agent Photo

    Debbie Brett

    Keller Williams Town & Country

    19 Mashes Sands Rd Unit F12, Panacea, FL 32346
  • /5

    $110,000

    • Land
    • 41,382 Sq Ft
    • $115,789 per Acre

    Lots 6-7 Bottoms Rd, Panacea, FL 32346

    Two buildable lots close to the coast, boat ramps and great fishing! Lot 6 on Bottoms Road is .46 of an acre and Tract 7 on the corner of Bottoms Road and Normans Way is .49 of an acre. Parcels being sold include parcel #13-5S-02W-000-02780-041 and 13-5S-02W-000-02780-005. Properties are in AE 19' flood zone.

    Agent Photo

    Elaine Gary

    Waypoint Properties

    Lots 6-7 Bottoms Rd, Panacea, FL 32346
  • /17

    $389,000

    • 2 Beds
    • 1.5 Baths
    • 1,059 Sq Ft

    40 Lake View Dr, Panacea, FL 32346

    Charming beach cottage on Bald Point! FANTASTIC LOCATION adjacent to State Park property and a short block away from the sandy beaches and the Gulf waters. The perfect home for a permanent residence, a weekend retreat, or an investment property. The cottage is clean and cozy with hardwood floors and tons windows offering ample amounts of sunlight. Coastal chic touches throughout include shiplap

    Agent Photo

    Debbie Brett

    Keller Williams Town & Country

    40 Lake View Dr, Panacea, FL 32346
  • /28

    $209,900

    • Land
    • 10,454 Sq Ft
    • $874,583 per Acre

    22 Top Sail W Boat Slip I Way, Panacea, FL 32346

    This Ochlockonee Bay waterfront lot PLUS deep-water boat slip has it all! An unparalleled Coastal lifestyle with panoramic Gulf of Mexico and Ochlockonee Bay views and just steps away from the Tradewinds community pool, clubhouse, and fishing pier. This premier gated waterfront development is adjacent to the county's new hiking/biking trail and within minutes of Mashes Sands beach, pier, and boat

    Josh Brown Waypoint Properties

    22 Top Sail W Boat Slip I Way, Panacea, FL 32346
  • /25

    $234,900

    $5K PRICE DROP
    • Land
    • 14,374 Sq Ft
    • $711,818 per Acre

    134 River Dr, Panacea, FL 32346

    Build your Dream home on this waterfront lot in Ochlockonee Bay. Cant beat the view from this south facing lot, looking out over the unspoiled and undeveloped bay. All the land across the bay is government owned, over 36,000 acre St. Marks National Wildlife refuge and 28,000 acres of Nature Conservancy property. The view should never change and its one to die for. Great water depth allows for

    Josh Brown Waypoint Properties

    134 River Dr, Panacea, FL 32346
  • /8

    $239,500

    $6K PRICE DROP
    • Land
    • 6,969 Sq Ft
    • $1,496,875 per Acre

    1269 Alligator Dr, Panacea, FL 32346

    Waterfront Living at Its Finest – Build Your Dream Home on the Gulf Discover the magic of true coastal living on this prime 0.16-acre Gulf-front lot, where the sparkling waters of the Gulf of Mexico meet endless skies. This is more than a homesite — it’s your personal slice of paradise, ready for you to create the ultimate beachside retreat. Wake each morning to the golden glow of sunrise dancing

    Armand Reyes Keller Williams Town & Country

    1269 Alligator Dr, Panacea, FL 32346
  • /45

    $269,000

    $10K PRICE INCREASE
    • 3 Beds
    • 2 Baths
    • 1,020 Sq Ft

    68 Suwannee Ave, Panacea, FL 32346

    Looking for a family vacation home or an investment property? This stunning 3-bedroom, 2-bath fully remodeled home could be just what you need! It’s within walking distance to a boat ramp, marina, and fantastic waterfront restaurants. Featuring a metal roof, brand-new laminate flooring, spacious screened front and back porches, and two fenced lots for a generous yard, it has room for all your

    Jennifer Petrandis Timber & Tides Real Estate

    68 Suwannee Ave, Panacea, FL 32346
  • /19

    $165,000

    • Land
    • 17,859 Sq Ft
    • $402,439 per Acre

    XX Satilla Ave, Panacea, FL 32346

    Build Your Coastal Dream on Three Stunning Bay-View Lots! Discover an exceptional opportunity to create a true coastal retreat on three spacious, adjoining lots boasting gorgeous views of Dickerson Bay, Levy Bay and the inlet of the Gulf of Mexico.This rare offering provides ample room for your custom home, outdoor living spaces, and more—while still preserving the natural charm of classic Old

    Susan Jones Bluewater Realty Group

    XX Satilla Ave, Panacea, FL 32346
  • /12

    $215,000

    $75K PRICE DROP
    • Land
    • 37,461 Sq Ft
    • $250,000 per Acre

    Lot 8 Levy Bay Rd, Panacea, FL 32346

    Gorgeous .86 Acre Bayfront Lot with spectacular views of Dickerson Bay! Cleared, level, and ready for your Coastal Dream Home, weekend getaway, or vacation rental! Imagine waking up to the tranquil views of the bay and living each day surrounded by the charm of Florida’s Forgotten Coast. This bayfront lot is cleared, level, and with city water, sewer, power, cable available, and a survey done,

    Sue Criswell Bluewater Realty Group

    Lot 8 Levy Bay Rd, Panacea, FL 32346
  • /49

    $374,900

    • 1 Bed
    • 1 Bath
    • 1,896 Sq Ft

    82 Coastal Hwy, Panacea, FL 32346

    Investment Opportunity!!! Both residential and commercial opportunities with this property. Come see this commercial storefront with a studio apartment. Take advantage of this rare opportunity to own a unique property located directly on Hwy 98, near popular local restaurants and boat ramps. This property features over 1200sqft of commercial business space, perfect for entrepreneurs and investors

    Wynter Harvey Lopeman Waypoint Properties

    82 Coastal Hwy, Panacea, FL 32346
  • /2

    $349,000

    • Land
    • 37,897 Sq Ft
    • $401,149 per Acre

    xx Division St, Panacea, FL 32346

    An incredible opportunity in the heart of Panacea—located on the corner of Hwy 98 and Division Street, this property includes multiple lots and offers 150± feet of prime Hwy 98 frontage. Perfect for commercial, mixed-use, or future development, the site provides excellent visibility and easy access along one of the area’s main corridors. Whether you’re looking to build, invest, or expand, this

    Susan Jones Bluewater Realty Group

    xx Division St, Panacea, FL 32346
  • /30

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    27 Chickasaw St, Panacea, FL 32346

    Old Florida Charm Meets Coastal Living in the Heart of Panacea Just a few blocks from the water in the historic fishing village of Panacea, this exceptionally maintained 3-bedroom, 2-bath home is more than a residence; it's a coastal headquarters for boating, entertaining, and enjoying everything the Forgotten Coast has to offer. Panacea is known for its authentic Old Florida character,

    Sonya Fowler Revell Fowler Revell Real Estate Co.

    27 Chickasaw St, Panacea, FL 32346
  • /7

    $299,000

    • Land
    • 32,234 Sq Ft
    • $404,054 per Acre

    599 Mashes Sands Rd, Panacea, FL 32346

    Beautiful bayfront homesite near beach, boat landing and restaurants. Paved bike or hiking trail across the street goes for miles through National Forest where nature is abundant. World Class fishing for Tarpon, redfish, trout and flounder inshore. Venture offshore for grouper, kingfish, snapper and cobia. Keep your boat in nearby marina. Golf at Wakulla Sands or St. James Bay. One hour to Bobby

    Steven Lastowski Lastowski Realty & Prop. Ser.

    599 Mashes Sands Rd, Panacea, FL 32346
  • /24

    $289,000

    • 3 Beds
    • 2 Baths
    • 1,210 Sq Ft

    160 Mississippi Ave, Panacea, FL 32346

    This home is a perfect mix of convenience and coastal charm. The marina is just two blocks making it easy access for your boat. A variety of seafood and family restaurants only five minutes away. Over a half-acre yard with potential to add on a shed or pole barn for boat storage. Screened in porch and many decks for outdoor living. Metal roof. Quiet community near the Gulf Specimen Marine Lab and

    Ruth Blount Peeler Properties, LLC

    160 Mississippi Ave, Panacea, FL 32346
  • /9

    $161,900

    • Land
    • 16,117 Sq Ft
    • $437,568 per Acre

    Lot 1 Paradise Ln, Panacea, FL 32346

    Fabulous bay front lot in the heart of Panacea with spectacular views overlooking Dickerson Bay, ready for your dream home, weekend getaway, or vacation rental. Power, city water and sewer available. Golf cart community. One block from full service marina, boat ramp, and waterfront restaurants. Direct access to the bay for inshore fishing or follow the channels to some of the best saltwater

    Sue Criswell Bluewater Realty Group

    Lot 1 Paradise Ln, Panacea, FL 32346
  • /4

    $164,000

    $51K PRICE DROP
    • Land
    • 16,988 Sq Ft
    • $420,513 per Acre

    1029 Gulf Shore Blvd, Panacea, FL 32346

    A BEAUTIFUL OCEANFRONT VACANT LOT IN FRANKLIN COUNTY

    Sean Seward KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    1029 Gulf Shore Blvd, Panacea, FL 32346
  • /34

    $369,900

    • 3 Beds
    • 2.5 Baths
    • 1,332 Sq Ft

    695 A6 Mashes Sands Rd Unit A6, Panacea, FL 32346

    Welcome to Marina Village! This beautifully updated 1,332 sq ft end unit townhouse offers 3 bedrooms and 2.5 baths, along with a deeded boat slip complete with power and water. Enjoy bay views and refreshing sea breezes from the screened porches and mezzanine decks perfect for grilling and entertaining. The home features recent updates and an extended patio underneath, providing additional

    Josh Brown Waypoint Properties

    695 A6 Mashes Sands Rd Unit A6, Panacea, FL 32346
  • /12

    $189,000

    $10K PRICE DROP
    • Land
    • 19,602 Sq Ft
    • $420,000 per Acre

    0 Surf Rd Unit 399835, Panacea, FL 32346

    Waterfront lot with deep-water access on Ochlockonee Bay! Enjoy breathtaking views across the bay to the protected lands of Bald Point State Park, helping preserve the natural beauty of your waterfront setting. This cleared, nearly half-acre homesite offers direct access to the Gulf and endless opportunities for boating, fishing, and coastal living. Tucked away on a quiet street, you're just one

    Devin Lohman Lohman Realty LLC

    0 Surf Rd Unit 399835, Panacea, FL 32346
  • /37

    $325,000

    $44K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,440 Sq Ft

    2289 Surf Rd Unit A-7, Panacea, FL 32346

    Imagine waking up to uninterrupted bay views from every floor while sipping your morning coffee. This beautifully renovated condo in Panacea, Florida is thoughtfully designed with custom finishes throughout, featuring a fully updated kitchen with new appliances, modern flooring, and a luxurious master suite with a spa-inspired bathroom. Step outside and enjoy three covered patios with

    Carmin Nedley Superior Realty Group LLC

    2289 Surf Rd Unit A-7, Panacea, FL 32346
  • /33

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,420 Sq Ft

    23 Monticello Ave, Panacea, FL 32346

    Adorable, peaceful and quiet home located in the heart of Panacea on 17 platted lots totaling 2.5 acres of land. LVP and tile flooring throughout the entire home. Nice, spacious bedrooms with built ins for clothing or decor. Wood burning fireplace in the living area. Beautiful, renovated master bath! Partially fenced around the home where the lounge area is and an above ground pool. Metal roof

    Kayla Palmer Timber & Tides Real Estate

    23 Monticello Ave, Panacea, FL 32346
  • /4

    $275,000

    $50K PRICE DROP
    • Land
    • 10,454 Sq Ft
    • $1,145,833 per Acre

    175 Harbor Cir, Panacea, FL 32346

    Build your Dream Home and Dock on this bay front lot at Alligator Point! Enjoy Fishing, Sunset Cruises and Water Sports on this quiet street with beautiful views! Just a short walk or golf cart ride to the Public Beach and Bike Paths; and a quick ride to either the Tiki Hut and Marina or Bald Point State Park, there is so much to explore and enjoy from this tranquil home base!

    Caroline Brewster Hill Spooner & Elliott Inc

    175 Harbor Cir, Panacea, FL 32346
  • /62

    $194,900

    $10K PRICE DROP
    • 2 Beds
    • 3.5 Baths
    • 1,440 Sq Ft

    2289 Surf Rd Unit A-6, Panacea, FL 32346

    *One or more pictures are virtually enhanced/staged* Great opportunity to make this waterfront condo your own with cosmetic updates and personal touches. Enjoy three covered patios offering stunning sunrise and sunset views over the bay. Ideally located less than an hour from Tallahassee and just a quick drive to Mashes Sands boat landing, Alligator Point Beaches and Marina, St. George Island and

    Katherine Hansli Searcy The Naumann Group Real Estate

    2289 Surf Rd Unit A-6, Panacea, FL 32346
  • /10

    $114,900

    • Land
    • 6,969 Sq Ft
    • $718,125 per Acre

    8 Trout St, Panacea, FL 32346

    1st Tier Beach lot with great views and deeded beach access in Bald Point. Surrounded by nature, the enclave of Bald Point is situated inside of 6,000 acre Bald Point State Park where wildlife abounds. Beautiful sunrises over the open gulf, and sunsets over the state park are what you can expect, along with daily wildlife sightings from your front porch. If you are looking for a future homesite

    Josh Brown Waypoint Properties

    8 Trout St, Panacea, FL 32346
  • /18

    $185,000

    • Land
    • 28,314 Sq Ft
    • $284,615 per Acre

    Lots 1 & 2 Chattahoochee St, Panacea, FL 32346

    Spend your afternoons paddling through Panacea’s waterways, and when the tide is high, slide all the way out to Levy Bay. Build your dream home overlooking it's wonder, create an Airbnb getaway, or keep it as is for your own private coastal adventures. SO MANY possibilities! Just a golf cart ride away to Rock Landing Marina and some of the freshest seafood in Florida, this .65 acre lot is a

    Hailee Cochran Southern Oaks Real Estate

    Lots 1 & 2 Chattahoochee St, Panacea, FL 32346
  • /14

    $100,000

    • Land
    • 9,583 Sq Ft
    • $454,545 per Acre

    0 Blue Heron Way Unit 394413, Panacea, FL 32346

    Cleared canal front lot leading directly into Ochlockonee Bay with easy access to the Gulf! Mashes Sands beach is just down the road and a convenient boat launch located just two streets over. With power available, existing dock, and full fencing, this lot is ideal for building, recreation, or investment. Enjoy direct canal access and the convenience of utilities already in place.

    Vannessa Harris Waypoint Properties

    0 Blue Heron Way Unit 394413, Panacea, FL 32346
  • /47

    $215,000

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 932 Sq Ft

    18 Suwannee Ave, Panacea, FL 32346

    Welcome to this beautifully remodeled 2-bedroom, 2-bath cottage-style home in the heart of Panacea, FL — a true gem for vacation rental potential or a fisherman’s getaway. Perfectly positioned near Dickerson and Levy Bay, this home offers quick access to some of North Florida’s best fishing waters. You’ll love being within walking distance to local restaurants, Rock Landing Marina, and all the

    Shadrach Hines Bluewater Realty Group

    18 Suwannee Ave, Panacea, FL 32346
  • /17

    $260,000

    $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,260 Sq Ft

    103 Center St, Panacea, FL 32346

    Spacious 3BR/2BA home in the heart of Panacea. Situated on two city lots. Offering approximately 2,260 heated sq ft, this home features a durable Hardie board and brick exterior, clay tile flooring, and an efficient heat pump for heating and cooling. Recent updates include a 15KW whole-home generator (2024) and concrete driveway (2017). Conveniently located near shopping, schools, and local

    Paula Knowles Harvey Lentz Realty Group

    103 Center St, Panacea, FL 32346
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