High-Visibility Corner Parcel in
1002 Hwy 98 W Carrabelle, FL 32322
For Sale
$300,000
MULTI_FAMILY - Carrabelle, FL
Property Size1,426 SF
Lot Size0.38 Acres
Price / SF$210.38
Days on Market106
Property Features for 1002 Hwy 98 W
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-1
Standard status
Active
APN
2007S04W42300B150010
Size
1,426 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BL B R 15 85 LOTS 1 2 3
Tax Annual Amount
2532
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1935
Flooring type
Wood
Building materials
Frame
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway Homeservices - Sgi
(850) 990-0020
Listed By:
Brenda Brown · License #3434598
(850) 591-9444
Added: Apr 15
Changed: Jun 10
Last Checked: Jul 29 at 6:06PM
MLS# 328041
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.
This high-visibility corner parcel is located at Highway 98 West and W 9th Street, directly across from The Moorings Marina, in one of Carrabelle's most recognizable commercial corridors. Zoned C-1 and offered at land value, this property presents an opportunity for redevelopment, investment, or commercial repositioning. The C-1 zoning appears to support a range of neighborhood and highway commercial uses, including retail, restaurants, taverns, professional and service businesses, offices, banks, personal services, auto-oriented uses, lodging such as hotels/motels, and certain residential or mixed-use possibilities by special exception. An existing 1426 square foot house is on site and requires extensive remodeling. Situated within the Carrabelle CRA District, the property benefits from its location in an area targeted for revitalization and continued enhancement. CRA matching-grant programs have historically supported facade and other exterior improvements to commercial properties in the district, so CRA funds may be available for eligible exterior building beautification improvements, subject to application and approval. The property is approximately 0.38 acres. It enjoys close proximity to Carrabelle's marinas, boat ramps, waterfront, grocery, pharmacy, restaurants, and other daily conveniences, all adding to the appeal of this commercial location.
Key Highlights
- Prime high‑visibility corner location on Highway 98 West, across from The Moorings Marina.
- Zoned C‑1, supporting a broad range of commercial uses.
- Located within the Carrabelle CRA District, potentially eligible for matching‑grant funds for exterior improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land for redevelopment in Carrabelle's business district.
Where is this commercial land located?
The property is located at 1002 Hwy 98 W Carrabelle, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Prime high‑visibility corner location on Highway 98 West, across from The Moorings Marina.; Zoned C‑1, supporting a broad range of commercial uses.; Located within the Carrabelle CRA District, potentially eligible for matching‑grant funds for exterior improvements.
