Panacea, FL

View of Panacea, FL
Population
894
U.S. Census American Community Survey 5-Year · 2024
Elevation
7 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$105,600
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$959/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$37,983
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Panacea

Tucked along Florida's Forgotten Coast in Wakulla County, Panacea is a quiet coastal haven of fewer than a thousand residents. Located about 45 minutes south of Tallahassee, it sits among scenic tidal marshes, pine forests, and freshwater springs. The community got its name in the late 1800s from visitors who believed the local mineral waters held healing powers, naming the area after the word for a universal cure.

Today, daily life in Panacea revolves around the water. It remains an authentic working fishing village famous for fresh seafood and coastal oyster farms, with plenty of boat launches for quick access to the Gulf. The town is also home to the Gulf Specimen Marine Lab, where a popular interactive aquarium introduces residents to native sea life. For anyone looking for quiet waterways and a relaxed Old Florida pace within an easy drive of the capital, Panacea offers a welcoming place to settle down.

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