Welcome to Panacea, Florida Cast your cares away and follow Coastal Highway 98 to Panacea, Florida. Meaning "cure all", Panacea is the site of a turn of the century resort known as Panacea Mineral Springs which was world renowned in the early nineteenth century for it healing waters. Today, it is considered a nature lovers paradise. Maintaining its "Old Florida" flavor, you can take a step back to life in the slow lane. Everyday is full of activities which appeal to all ages. Fishing, crabbing, shrimping and oystering are some of the nature based activities available to the adventurer in you. If you wish to sit back and let the captain chart your course, there are charter boat captains and guides to indulge you. A new docking facility at Rock Landing provides the perfect place to launch your boat. If you like kayaking and canoeing, there are areas available to put in. The Welcome Center, on picturesque Dickerson Bay, provides information concerning sites and services in Panacea. Inshore and off-shore, during any season, we have it all.