127 Harbor Cir 1,176 SF Office Building Panacea, FL 32346 $999,000 ($849.49/SF)

Incredible Investment Opportunity with this gorgeous Waterfront Commercial Parcel with office building on Alligator Point. Create your own aquatic playground for a family compound or develop into a serious income-producing property. Over 2 acres of terraced land framed with majestic oak trees overlooking pristine Alligator Harbor. Parcel is zoned C-3 Commercial Recreational and includes a portion of very desirable X and AE flood zone designations. Permitted uses for C-3 include the following: Boat ramps and marinas, recreation vehicle parking and camping (limited stay facilities), fish camps, motels and hotel to accommodate marinas and fish camp customers, restaurant and food services. The property includes a Craftsmen-style 1176-square foot steel-frame office building with missile-impact windows, Hardie-plank siding and concrete pilings. Also included is a 12 x 10 storage shed as well as container storage unit under the building. More than 350 feet of dock extends into the open bay.