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 looking to establish or expand their business. The building has a brand new roof, all new electric, recessed lighting, and has been recently given a fresh coat of paint. But wait, there’s more! This property also includes a small residential studio apartment, offering potential rental income or on-site living. Don't miss out on this exceptional investment in a prime location!
Welcome to your slice of Old Florida paradise in the heart of Panacea! This charming canal front coastal retreat is nestled on a quiet street right off the Gulf, offering a laid-back environment on a beautiful 0.47 acre lot. The interior boasts exposed brick that has been renovated and is move in ready. Outside, enjoy your morning coffee or evening cocktails on the spacious deck with water views shaded by a large mature oak tree. The 3/2 has generous outdoor space for boat parking, cookouts, or future expansion. Just a short golf cart ride from local marinas, boat ramps, Angelos. This home is ideal for fishermen, beach lovers, and anyone chasing the coastal dream. You have no HOA and can use this as a short term rental. Come see why life is better in Panacea—schedule your private showing today!
Welcome to 7 Bass St, a charming coastal retreat nestled in the serene community of Alligator Point, FL. This delightful property boasts a spacious layout with inviting living areas filled with natural light. The kitchen features modern appliances and ample cabinetry, appropriate for culinary enthusiasts. Enjoy tranquil evenings on the expansive deck overlooking lush surroundings. Just moments from the beach, this home has a unique blend of comfort and convenience. Don't miss this incredible opportunity!
*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 the charming Appalachicola. Just a short golf cart ride to the convince store, Poseys Oyster Bar, and Angelos Restaurant. Enjoy easy access to local dining, beaches, boating, fishing, and scenic trails. HOA covers exterior insurance, flood insurance, exterior maintenance, pool, club house, fishing dock/pier, and pickle ball/tennis courts. The property features an oversized 22-ft garage with space for two vehicles, golf cart, jet skis, or a boat, ideal for embracing the coastal lifestyle. Exterior upgrades include a lifetime roof and waterproof paint, providing peace of mind and low-maintenance living. Whether you're searching for a full-time residence, vacation getaway, or investment opportunity, this property offers the perfect coastal blend of location, lifestyle, and value.
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 walls, tastefully remodeled kitchen and nautical hues. The deck outside overlooks the spacious yard, perfect for evenings outside or and to experience the abundant wildlife that surrounds. Enjoy all that nature has to offer in this super cute and charming cottage!
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 ramp. Being an end lot not only is the view to the east and south wide open, but with no home to the west this is the only lot in the subdivision with a clear unobstructed sunset view. Deeded with Boat Slip "I".
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 amenities with plenty of space to enjoy. Photos 15-17 staged. All measurements are approximate.
Coastal Living with the Rare Convenience of a Private Elevator – Marina Village of Panacea Welcome to 695 A4 Mashes Sands Road, a beautifully maintained coastal townhome in the sought-after Marina Village of Panacea, where lifestyle, comfort, and accessibility come together seamlessly. This 2-bedroom, 2.5-bath residence with a spacious loft is thoughtfully designed for effortless living—and features a private elevator serving all levels, a highly desirable and uncommon upgrade in coastal townhomes. The elevator provides exceptional convenience for daily living, groceries, luggage, and guests, while also offering long-term flexibility for aging in place. Combined with low-maintenance ownership, this home is ideal as a primary residence, second home, or investment property. Inside, you’ll find upgrades throughout, including a remodeled kitchen, luxury vinyl plank flooring, and well-appointed living spaces filled with natural light. Enjoy gulf and bay views with refreshing breezes off the water, creating a relaxed coastal atmosphere year-round. Outdoor living is a highlight of this property. Unwind on the screened porch, or entertain on the covered mezzanine deck, perfect for grilling and gathering with friends and family. Boating enthusiasts will appreciate the private boat slip with lift, offering direct access to the bay and nearby waters. The community features a new pool with pavilion, and Mashes Sands Beach is just a short walk away, making it easy to enjoy the best of Florida’s Forgotten Coast. With minimal upkeep and maximum lifestyle appeal, this townhome allows you to spend more time enjoying the outdoors, the water, and the peaceful charm of Panacea. This is a rare opportunity to own a coastal townhome with a private elevator, premium upgrades, and outstanding access to both the gulf and bay. Patio set on mezzanine level excluded from sale of property. All personal property in cabinets and closets excluded from sale. Boats and golf cart are excluded from sale.
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 activities. The large, covered carport is perfect for your RV or boat, and there’s even a fish cleaning station. Bring your friends, family, golf carts, and boats to enjoy everything the area offers. Don’t miss the chance to see this gorgeous home—additional photos coming soon!
"High Point" is aptly named as this magnificent home sits atop a lot and a half overlooking one of the highest parts of the bay. Almost 3/4 of an acre this paradise property features 120 feet of bay frontage making this one of the premier homesites in the area. Super deepwater boat dock sits right off the channel and features double lifts plus a wet slip and room for a 3rd lift all covered and in the shade. What to do after boat riding and fishing all day? Come back and jump in the sparkling clear screened in pool. This unique property features a multi-level 3200 sqft home with tons of room to accommodate several different uses. Upstairs you will find a kitchen, master bedroom suite, additional bedroom suite, along with a great dining area facing the water and downstairs there are three bedrooms and two baths, plus an enclosed garage and plenty of storage for all the rods and beach toys. Currently the two are not interconnected so could be used separately or together, or if you choose- install an enclosed stairwell if desired. If you're looking for a place that offers premier deepwater access, privacy, and a home big enough to accommodate friends and family then "High Point" on the bay is the place for you.
Welcome to 367 Mashes Sands Road, a rare waterfront retreat on beautiful Ochlockonee Bay offering truly million-dollar views. Framed by mature live oaks and stunning natural surroundings, this property features a private dock extending over 500 feet into the water—perfect for boating, fishing, or simply soaking in the serene coastal setting. Inside, the home offers 3 bedrooms and 3 full baths, with a light-filled great room designed to capture panoramic bay views. Expansive windows invite natural light to pour in, creating a bright and airy atmosphere throughout. The oversized sunroom spans the back of the home, lined with windows that showcase breathtaking sunsets and endless water views year-round. Enjoy the convenience of being within walking distance to Angelo’s Seafood Restaurant and Tropical Trader Shrimp Co., or take a quick golf cart ride to explore the area. A nearby public boat ramp makes getting out on the water effortless. Major updates provide peace of mind, including a 2020 roof, HVAC systems replaced in 2024 and 2012, and two new water heaters installed in 2025 and 2022. Whether you’re looking for a full-time residence, vacation getaway, or investment opportunity, this exceptional bayfront property delivers coastal living at its finest.
This beautiful beach house is being sold furnished, ready for you to bring your suitcases and move in ! Set on a deep water canal this beautiful pool home has 2 large Master en suite bedrooms each with their on private balconies over looking the canal. There is a 3rd bedroom with another bathroom across the hall. This open concept living room has a beautiful brick fireplace for those chilly fall evenings with adjoining eat-in kitchen, bar and wet bar. Relax in your private pool or watch one of our gorgeous sunsets from the crows nest built above the pool deck. The pool liner was replaced in October 2024. The floating dock has just been rebuilt. Pictures are of Dock before it was rebuilt. There is a 4-year history of vacation rental income. Many come year after year. Don't miss an opportunity to own this beautiful Home !
Back on market due to no fault of the seller. Escape to your own slice of paradise in this stunning 2-bedroom, 2.5-bath condo at Bayside Villas, perfectly situated on beautiful Ochlockonee Bay! This affordable oasis offers the best of coastal living with fantastic amenities right at your fingertips. Inside, you'll find a spacious layout featuring several new upgrades throughout including a huuuuuuge fridge/freezer, 36' induction stove and hood situated in a complete chefs kitchen. Each bedroom and the living room boasts its own private balcony, giving you breathtaking views and fresh bay breezes. Newly upgraded kitchen and bathrooms include recessed lighting throughout and smart mirrors equipped in the bathroom vanities. Plus, you get a convenient two-car garage and in-unit washer and dryer to boot! Beyond your door, enjoy exclusive access to a community pool, tennis court, dock and pier, private gym, and a clubhouse fit for entertaining. This is truly a water lover's dream home just seconds from boat ramps, Mashes Sands beach, and the scenic bike trail. Don't miss this incredible opportunity to live the bayfront dream! ***Please note*** monthly association dues are $800 total, with $150/month towards community maintenance, upkeep, and amenities and $650/month for insurance.
Welcome Home to this 1656 sqft 2 bedroom 2.5 bath end unit townhouse in Marina Village. Featuring a deeded boat slip including power, water, and an 8,000 lb lift already in place. Bay views and sea breezes abound from the screened porches and Mezzanine decks, great for grilling out and entertaining with friends. New community pool provides a perfect place to cool off and relax after a long day fishing or playing at the beach. Mashes Sands Public Beach and boat ramp is conveniently just down the street and Ochlockonee Bay bike and walking trail, a 16 mile scenic trail along the water and through the St. Marks Refuge adjoins this community. Deepwater access, boat lift, pool, and low maintenance make this property a perfect retreat for the whole family. Seller offering owner financing with 20%-25% down and A balloon in 24 months or less.
Welcome Home to this 1656 sqft 2 bedroom 2.5 bath end unit townhouse in Marina Village. Featuring a deeded boat slip including power, water, and an 8,000 lb lift already in place. Bay views and sea breezes abound from the screened porches and Mezzanine decks, great for grilling out and entertaining with friends. New community pool provides a perfect place to cool off and relax after a long day fishing or playing at the beach. Mashes Sands Public Beach and boat ramp is conveniently just down the street and Ochlockonee Bay bike and walking trail, a 16 mile scenic trail along the water and through the St. Marks Refuge adjoins this community. Deepwater access, boat lift, pool, and low maintenance make this property a perfect retreat for the whole family. Seller offering owner financing with 20%-25% down and A balloon in 24 months or less.
AS IS!! THIS RECENTLY REMODELED 3BR, 2.5 BA TOWNHOME OFFERS AN EXCEPTIONAL BLEND OF LUXURY AND COASTAL LIVING. NESTLED WITHIN A PRIVATE GATED COMMUNITY JUST 25 FEET FROM OCHLOCKONEE BAY. YOU CAN FISH RIGHT OUTSIDE YOUR BACK DOOR. THE RESIDENCE PROVIDES BREATHTAKING SUNRISE AND SUNSET VIEWS. IT ALSO INCLUDES A PRIVATE FISH CLEANING STATION, OUTDOOR SHOWER, AND UNDER-HOME STORAGE SHED. YOU CAN ENJOY ACESS TO A SWIMMING POOL, TENNIS COURTS AND PICKLEBALL COURTS. THE PROPERTY IS ADJACENT TO THE RENOWNED ANGELO'S RESTAURANT. THIS PROPERTY IS AVAILABLE FOR PURCHASE, WITH THE OPTION TO SEPERATELY PURCHASE MOST FURNISHINGS.
REDUCED! We have two lots and two boat slips left! Purchase ALL for 115K!! BUILD YOUR DREAM HOME in this beautiful waterside subdivision on Florida's Forgotten Coast! AMAZING WATER VIEWS from this property which backs to one of the beautiful ponds and is just steps away from the clubhouse pool! Tradewinds is a gated waterfront community, offering deep water boat slips with direct route to the gulf, a clubhouse, waterside pool, hot tub spa, and a 350+ fishing pier. Mashes Sands Beach, Mashes Sands State Park, and the Mashes Sands Public Boat Ramp are all less than a mile away! The development is also adjacent to the county's new hiking and biking trail. Dues are $615 quarterly to Tradewinds HOA. Boat slip D2 is $600 annually to Marina Village of Panacea HOA.
REDUCED! We have two lots and two slips left! Purchase ALL for 115K!!! Boat Slip D9 included with this sale! Build your dream home with amazing views here in Tradewinds! Tradewinds is a beautiful, gated, waterfront, luxury subdivision offering deep water boat slips, a clubhouse, waterside pool, spa, and 350+ fishing pier. Life is so beautiful here! AMAZING WATER VIEWS and you are just steps away from the clubhouse pool! Visit the Tradewinds HOA website online for TONS of valuable information including the CRs and Architectural Guidelines for building in this subdivision. Dues are $615 quarterly to TW HOA for the lot. Boat slip D9 is $600 annually to Marina Village of Panacea HOA.
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 and THREE outdoor buildings! Minutes away from waterfront restaurants, boat ramps, beautiful beaches, and some of the best fishing in Florida! Come check out this home close to the coast and all that it has to offer!
Discover a rare opportunity to own 1.46± acres spread across five wooded lots just a few blocks from Dickerson Bay. This well-located property offers the perfect balance of privacy, nature, and convenience. You’ll be close to everything—restaurants, grocery stores, shops, and convenience stores—while still enjoying a peaceful setting surrounded by mature trees. Only ½ mile from Rock Landing Marina, with multiple nearby boat ramps providing access to both saltwater and freshwater adventures. Take a leisurely walk to Wooley Park or the Gulf Specimen Marine Lab, or take a short drive to Mashes Sands Beach, Alligator Point, and Bald Point State Park for some of the best coastal recreation in the area. City water and sewer are available, giving you added flexibility for future building or development. Buyer may access the property from Piney Street, a paved and maintained road, or from Dillworth Drive, which is unpaved and not maintained. Ideal for building, investing, or creating a private coastal getaway with room to grow.
Prime Coastal Lot Near Rock Landing Marina! Enjoy the best of coastal living with this ideally located homesite just a short walk from Rock Landing Marina and the public boat launch. Zoned for site-built homes only, this lot is ready for your full-time home or weekend retreat. City water and sewer are available, making your build even easier. With beaches, rivers, bike paths, and local seafood restaurants nearby, you’ll love everything this charming coastal community has to offer.
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 versatile property delivers outstanding potential in a growing coastal community.
This 3-bedroom 2 bath is a Octagon home on .333 acres is built to withstand winds of 180 mph. 17 feet off the ground. A 1500 lb. cargo lift. Open living room and kitchen layout.French door refrigerator with bottom freezer, range with convection-air fry oven dishwasher, microwave and garbage disposal. Panoramic view of the Gulf of America. 6 ceiling fans, wood louvered doers, vinyl planking throughout, kitchen island.Beautiful sunrise and sunset views from all windows, doors and 1 Oft wide deck with pergola to hang your hammock. The Boathouse has a lift on the canal with access to the Gulf of America. The property has a seawall still under warranty , transferable Beach and Park, over 400 acres, with fishing pier and beach access and public boat ramp. Bike trails, Golf cart friendly quiet neighborhood. Food and entertainment a short ride away. Vaulted ceilings All closets with organizers. Pool outside the master bedroom From your pool and watch the boats and the porpoise play!
This home has it all! TWO HOUSES on one lot. This is a waterfront paradise with plenty of room for a large family. Main house is a 3 bedroom, 2 bathroom with 1861 sqft and was built in 1950. Mother in-law house is a 1 bedroom, 1 bathroom with 1105 sqft and was built in 1985. The main house has a new roof, A/C, appliances to be installed before closing (range, over the range microwave, dishwasher, fridge), interior and exterior paint, laminate flooring and more! The mother in-law also has a new roof, flooring and kitchen cabinets. This property would be great for multi-generational living or rental income. You will fall in love with the picturesque view from the private fishing dock or while sitting on the porch enjoying your morning coffee.
Canal front Retreat! Recently renovated while maintaining the Coastal character and charm. Gorgeous wood ceilings, double brick walls, freshly painted, new roof, new dock, new HVAC, and new furnishings throughout. Approved Dredge permit in hand with dredging ready to commence. Quick and easy protected access to fresh water upstream or out to the Gulf of Mexico. Conveniently located to nearby restaurants, shops, multi use path, Beach access and boat launch. Sale will include additional buildable lot with mature Oak trees, fire pit, dock and seawall.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Tallahassee Board of Realtors. The information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate.



Panacea is located in Florida. Panacea, Florida has a population of 1,050. Panacea is less family-centric than the surrounding county with 9.22% of the households containing married families with children. The county average for households married with children is 32.02%.
The median household income in Panacea, Florida is $31,976. The median household income for the surrounding county is $72,941 compared to the national median of $69,021. The median age of people living in Panacea is 46.6 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 59.1 inches per year, with 0 inches of snow per year.