Vacant Lot or Land for sale by owner in Panacea, FL 32346. WHAT A SWEET PLACE TO BUILD YOUR DREAM HOME OR COASTAL RETREAT! This nearly half acre lot is only 4 short blocks to the Bay. Close to everything this area has to offer including public boat ramps, beaches, parks, marinas, fine dining, shopping, and nature galore. Make this great property yours today! Owner must sell.... See site for full property details.