Eight-Unit Lodge with RV
For Sale
$829,000
1001 Hwy 98 E, Carrabelle, FL 32322
Commercial Sale, Carrabelle, FL
Property Size3,060 SF
Lot Size0.73 Acres
Price / SF$270.92
Days on Market239
Property Features for 1001 Hwy 98 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Zoning description
Commercial
Subdivision
Kellys Plat
Lot features
Aerials Available, Corner Lot, Rural District, Wooded
Directions
From Apalachicola: East on US-98 through Eastpoint and across the bridge; follow shoreline into Carrabelle. Cole's Lodge is on the right. From Tallahassee: US-319 to US-98 W into Carrabelle; Cole's Lodge is on the left.
Standard status
Active
APN
2907S04W420000240150
Size
3,060 SF
Lot size
0.73 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 13-16, BLOCK 37 (OLD BLOCK 24), KELLEY'S PLAT, TO THE CITY OF CARRABELLE, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 2
Tax Annual Amount
4220
Legal Description
LOTS 13-16, BLOCK 37 (OLD BLOCK 24), KELLEY'S PLAT, TO THE CITY OF CARRABELLE, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 2
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1996
Floors in Building
2
Number of units
8
Flooring type
Tile, Vinyl, Slate
Building materials
Frame
Roof type
Metal
Listing Agency:
St George Island Realty, Llc
(850) 927-4777
Listed By:
Donnie Gay · License #3598862
(850) 323-2765
Added: Jan 17
Changed: Sep 13
Last Checked: Sep 13 at 5:06AM
MLS# 325048
Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Cole's Lodge is an eight-unit lodging property with seven one-bedroom, one-bath suites and one two-bedroom, one-bath unit. One unit requires completion of interior construction. The offering includes furniture, fixtures, and equipment, along with the established business entity, website, branding, and goodwill. Two additional RV sites are included, with one providing 30-amp service and the other 50-amp service. Both have water and sewer connections.
The property contains 3,060 square feet on 0.7308 acres at 1001 Hwy 98 E in Carrabelle. It is zoned C-1 and was built in 1996 with frame construction, a metal roof, and slate, vinyl, and tile flooring. Public water and public sewer serve the property. Highway 98 provides access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island.
The property contains 3,060 square feet on 0.7308 acres at 1001 Hwy 98 E in Carrabelle. It is zoned C-1 and was built in 1996 with frame construction, a metal roof, and slate, vinyl, and tile flooring. Public water and public sewer serve the property. Highway 98 provides access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island.
Key Highlights
- Eight units: seven 1BR/1BA suites and one 2BR/1BA unit; one unit needs interior construction completed
- Two RV sites—one 30‑amp and one 50‑amp—with water and sewer connections
- 3,060 square feet on 0.7308 acres
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 32322, FL
4,213
Population
2,258
Households
1.9
Avg Household Size
48
Median Age
16%
College-Educated
75%
High-School Grad
75.4 sq mi
ZIP Area
56
Density / Sq Mi
$58,030
Median Household Income
$28,250
Median Earnings
$1,231
Median Rent
$213,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Guest accommodations are complemented by two RV sites with water and sewer connections.
Where is this hotel located?
The property is located at 1001 Hwy 98 E Carrabelle, FL.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Eight units: seven 1BR/1BA suites and one 2BR/1BA unit; one unit needs interior construction completed; Two RV sites—one 30‑amp and one 50‑amp—with water and sewer connections; 3,060 square feet on 0.7308 acres
