Panacea, Florida

Wakulla County Real Estate - Panacea

Panacea is in North West Florida. It's population as recorded in the 2010 Census was 816. Panacea is approximately 29 miles from Tallahassee (population 181,376) and around 40 miles from Quincy (population 7,972).

The median age for residents of Panacea is 44.4. Around 27.4% of Panacea households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 95.3% of the Panacea population are White, 1.7% are Black or African American, .3% American Indian, 0% Asian and 2.2% are Two or more Races.

There are 521 housing units in Panacea. 178 (34.1%) of these were reported as vacant in the 2010 Census. Panacea is a tourist destination, 52.8% (94) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 140 residential rental units in Panacea. 118 of them were occupied in 2010 providing a residential rental vacancy rate of 15.7%.

Panacea links:

Sue Goldthorp

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Panacea, Florida.

Panacea Real Estate

There are 896 properties in Panacea. The following table shows a summary of them based on 2014 sales data.

Panacea Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 15 1.67 0n/an/an/an/a
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 2 0.22 0n/an/an/an/a
Hotel & Motel 15 1.67 0n/an/an/an/a
Industrial 10 1.12 0n/an/an/an/a
Miscellaneous Property 3 0.33 0n/an/an/an/a
Mobile/Manufactured 159 17.75 1 $42,100 $25February 1st, 2014February 1st, 2014
Office 3 0.33 0n/an/an/an/a
Residential 672 75.00 10 $189,950 $121March 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 9 1.00 0n/an/an/an/a
Special Purpose 8 0.89 0n/an/an/an/a

Agricultural Real Estate in Panacea, Florida

15( 1.67%) of the properties in Panacea are classified as Agricultural.

Commercial Real Estate in Panacea, Florida

0( .00%) of the properties in Panacea are classified as Commercial.

Government Real Estate in Panacea, Florida

2( .22%) of the properties in Panacea are classified as Government.

Hotel & Motel Real Estate in Panacea, Florida

15( 1.67%) of the properties in Panacea are classified as Hotel & Motel.

Industrial Real Estate in Panacea, Florida

10( 1.12%) of the properties in Panacea are classified as Industrial.

Miscellaneous Real Estate in Panacea, Florida

3( .33%) of the properties in Panacea are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Panacea, Florida

159( 17.75%) of the properties in Panacea are classified as Mobile/Manufactured. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $42,100. The median sales price was $42,100. In 2014 the median sales price for Mobile/Manufactured in Panacea was $25 per sq ft.

Office Real Estate in Panacea, Florida

3( .33%) of the properties in Panacea are classified as Office.

Residential Real Estate in Panacea, Florida

672( 75.00%) of the properties in Panacea are classified as Residential. 10 of them sold between March 1st, 2014 and September 1st, 2014. The total value of these sales was $2,151,300. The median sales price was $189,950. In 2014 the median sales price for Residential in Panacea was $121 per sq ft.

Residential Real Estate in Panacea, Florida

0( .00%) of the properties in Panacea are classified as Residential.

Retail Real Estate in Panacea, Florida

9( 1.00%) of the properties in Panacea are classified as Retail.

Special Purpose Real Estate in Panacea, Florida

8( .89%) of the properties in Panacea are classified as Special Purpose.

Panacea, Wakulla County Market Data

Panacea Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 15 24,916
Government Property 2 6,321
Hotel & Motel 15 8,247
Industrial 10 34,903
Land 198 5,062
Miscellaneous Property 3 845
Mobile/Manufactured 160 199,376
Office 3 8,535
Residential 681 1,289,693
Retail 9 20,154
Special Purpose 8 27,930

Panacea Median Property Values per Sq Ft

Panacea Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Auto sales, auto repair and storage or auto service shop 2016 $299$32 $174$16 $107$8
Church 2016 $299$24 $174$12 $107$7
Club, lodge or union hall 2016 $299$24 $174$12 $107$7
Condominium 2016 $299$16 $174$16 $107$16
County Owned 2016 $299$30 $174$15 $107$7
Florist or greenhouse 2016 $299$32 $174$16 $107$8
Heavy industrial 2016 $299$17 $174$10 $107$5
Hotel or motel 2016 $299$33 $174$33 $107$33
Improved agricultural 2016 $299$27 $174$15 $107$9
Light manufacturing 2016 $299$17 $174$10 $107$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $299$33 $174$33 $107$33
Mobile Home 2016 $50$6 $30$6 $30$6
Mortuary, cemetery or crematorium 2016 $299$24 $174$12 $107$7
Office building, non-professional service building, one story 2016 $299$30 $174$18 $107$11
Packing plant (fruit and vegetable or meat packing) 2016 $299$17 $174$10 $107$5
Poultry, bees, tropical fish, rabbits, etc. 2016 $299$27 $174$15 $107$9
Professional service building 2016 $299$30 $174$18 $107$11
Repair service shop (excluding automotive) 2016 $299$32 $174$16 $107$8
Restaurant, cafeteria 2016 $299$32 $174$16 $107$8
Single Family 2016 $299$16 $174$16 $107$16
Store, one story 2016 $299$32 $174$16 $107$8
Timberland - site index 80 to 89 2016 $299$27 $174$15 $107$9
Timberland - site index 90 and above 2016 $299$27 $174$15 $107$9
Timberland not classified by site index to Pines 2016 $299$27 $174$15 $107$9
Utility 2016 $299$42 $174$15 $107$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $299$17 $174$10 $107$5