$250,000

1509 Coastal Hwy Panacea, FL 32346

$2,969
Closing credit¹
2 beds
1 full, 1 partial
1,320 sqft
0.2 acres
$189 / sqft
House

Property details

About 1509 Coastal Hwy

Discover the allure of coastal living with this charming 1940's residence, recently re-zoned and nestled in the heart of Panacea. This unique property boasts two cozy bedrooms and 1.5 baths, complimented by a versatile third room, currently repurposed as a spacious laundry area with ample storage. Each bedroom has a private entrance, decently sized closet, and entrance to the jack and jill style bathroom. The storage shed out back is perfect for outdoor enthusiasts to store kayaks, while the convenient lean-to offers a shaded spot for cleaning the day's catch at the cleaning station. Just across the street, Posey's Up the Creek awaits to transform your fresh fish into a delightful meal. Privacy is a priority with a partially fenced backyard, where you can enjoy leisurely afternoons in the above-ground pool. Mornings are a delight on the screened-in front porch, and the expansive back deck is ideal for hosting memorable barbecues. Accessibility is effortless with multiple entrances and a handicap ramp, ensuring comfort for all of your guests! Holding over 60 feet of prime coastal highway frontage, the possibilities for this home are endless. Metal roof, tankless hot water heater, updated electrical, and located mere seconds from the water's edge and nature trail, this property is perfect for those seeking a peaceful homestead or weekend hideaway. All measurements and zoning requirements to be verified by buyer.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air, Electric
Size1,320 sqft
Lot size0.21 Acres
Year built1940
ParkingDriveway
MLS #378360

Summary

  • MLS Number: 378360
  • MLS Name: Tallahassee
  • Office Name: Southern Oaks Real Estate
  • Office Phone: (850) 509-4409
  • Office Email: bholley930@gmail.com

© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is 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. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 2:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a sunroom

$250,000

1509 Coastal Hwy

$2,969

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 11, 2019
Home Sold
$25,000
May 01, 2017
Home Sold
$72,000
Jul 07, 2004
Home Sold
$75,000

Tax history

YearAssessmentProperty Tax
2023$63,867$963
2022$27,334$636
2021$23,820$636
2020$23,867$603

History based on county public records data.

Nearby schools

6

Medart Elementary School

Public District PK-5

3.1 mi

2558 Coastal Hwy

6

Crawfordville Elementary School

Public District KG-5

10.2 mi

379 Arran Rd

7

Shadeville Elementary School

Public District KG-5

13.2 mi

45 Warrior Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,500. The most common annual income of people living in Panacea, FL is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

49%
<35k
44%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
11%
Single, with Kids
35%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1509 Coastal Hwy

This home is located at 1509 Coastal Hwy in Panacea, FL and zip code 32346. This 1,320 square foot home, which was built in 1940, sits on a 0.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $250,000.

From Rocket Homes Real Estate and based on county public records data.

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