Discover a truly special opportunity to build your dream home on this rare 1-acre bayfront property offering approximately 120 feet of stunning bay frontage. With city water, city sewer and a power pole already in place, much of the essential infrastructure is ready to go—saving time and expense during the building process. No HOA means you have the flexibility to design your property your way, while still leaving a natural green buffer for privacy if desired. The existing home has no value, giving you a clean slate to create the custom coastal retreat you’ve always envisioned. Nestled in the relaxed, laid-back coastal city of Panacea, this golf-cart-friendly community is known for its terrific local restaurants, fantastic bay and Gulf fishing, and charming festivals and small-town parades. Enjoy the peaceful Old Florida lifestyle while being just minutes from everything that makes Panacea such a beloved destination. An incredible waterfront canvas—ready for your vision.