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Wakulla County · Panacea, FL 32346

Panacea, FL • 3 Bed / 2 Bath • Buy-and-Hold • Massive Double Lot + Move-In Ready w/ 15 kW Whole-Home Generator

$258,000
3
Beds
2
Baths
2,260
Sq ft
1995
Year built
47% ARV upside$142,000 gross margin

About this property

Property Overview Address: Panacea, FL 32346 Property Type: Single Family (single-story) Bedrooms / Bathrooms: 3 bd / 2 ba Heated Living Space: ~2,260 sq ft Lot Size: ~15,507 sq ft (two city lots) Year Built: 1995 Price: $238,000 Key Features & Highlights Large, usable lot: two city parcels totaling ~15,507 sq ft — room for outdoor amenities, expansion, or potential accessory unit. Turnkey mechanicals & resiliency: 15 kW whole-home generator installed 2024. Durable, low-maintenance exterior: Hardie board siding + brick accents. Easy-care interiors: clay tile floors throughout. Efficient HVAC: heat pump for energy savings. Recent site improvement: concrete driveway (2017). Central Panacea location — near shopping, schools, and community services; strong owner-occupier appeal and steady long-term rental potential. ARV Breakdown & Comparables 1531 Blue Sky Blvd, Haines City, FL 33844 3 bd / 2 ba, ~2,483 sqft, Yr Built 2013 Listing price: $399,900 | Listed sale price shown: $385,000 (closing date: 2026-03-01) 626 Duke Dr, Haines City, FL 33844 4 bd / 2.5 ba, ~2,640 sqft, Yr Built 2024 Listing price: $369,990 | Listed sale price shown: $380,000 (closing date: 2025-12-01) The information provided in this section (ARV and comparables) is for demonstrative purposes only and should not be taken as fact. Investment Potential Strong buy-and-hold: low immediate rehab (move-in ready) and large lot supports long-term appreciation in a limited-supply coastal community. Value-add upside: modest cosmetic updates (kitchen/baths, landscaping) could push resale or rental value to the top of the conservative ARV range. Flexibility: large lot allows for potential accessory structure or enhanced outdoor amenities to increase rental income or resale appeal. Don’t let this move-in-ready Panacea property with huge lot potential slip by — excellent for investors seeking low-entry cost, low immediate rehab, and clear upside. Ready to discuss offer strategy or schedule a showing today! Call Davin Ruxley at (954) 517-9951!

Property snapshot

Layout3 Bed / 2 Bath
Living area2,260 sq ft
Lot size15,507 sq ft
Year built1995
Property typeLand
CountyWakulla County

Deal details

Asking price$258,000
ARV estimate$380,000
Spread47% upside
Gross margin$142,000
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Ms. Meriam Aberri
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The numbers

Asking
$258K
ARV est.
$380K
Spread
47%
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Ms. Meriam
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