See Home Value
Panacea 32346
1545 Coastal #1
$217,212*
Commercial - Off Market

1545 Coastal #1

PANACEA, FL 32346
bedrooms
Studio
bathrooms
0 Bath
square feet
4576 Sqft
$174,000 - $212,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Commercial investment opportunity.  Restore this local Motel back to its glory or utilize the 5 commercial lots for future endeavors!  Property very close to the Bay, local restaurants and fresh seafood!  Property has not been up and running since Hurricane Michael but looking for new owners to get it back on track.  Cottage adjacent to motel included.  Parcel ID number 24-5S-02W-057-03082-000

The manager has listed the unit size as 4576 square feet.
Unit Size
4,576Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$42
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 16, 2021 In contract -
In contract
Mar 30, 2021 Price Increased $193,000
↑ $47K (32.2%)
Price Increased
Mar 23, 2021 Listed $146,000
Listed
Mar 16, 2021 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
6,080 ft²
$37/ft²
$225,900 Jul 18, 2023
-
-
Land
Loft
-
-
$174,900 Mar 22, 2023
-
-
House
3 Beds
2 Baths
1,360 ft²
$132/ft²
$179,900 Jun 17, 2023
-
$459/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210323 Unit 1
03/23/2021
1
Loft
-
4576 ft²
$146,000
bedrooms
Loft
bathrooms
-
square feet
4576 ft²
-
-
-
-
20200704 Unit 1
07/04/2020
1
Loft
-
4576 ft²
$225,000
bedrooms
Loft
bathrooms
-
square feet
4576 ft²
-
-
-
-

Building Info

1545 Coastal Highway 1545 Coastal Highway, Panacea, FL 32346
More about this Building
1545 Coastal Highway
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About Panacea


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