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    1506 W 98 Hwy Carrabelle, FL 32322

    For Sale
    $999,900

    COMMERCIAL - Carrabelle, FL

    Lot size:
    0.48 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 1506 W 98 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    19-07S-04W-0000-0280-0070
    Lot size
    0.48 Acres

    Utilities

    Sewer type
    Public Sewer
    Water front
    1

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Dennis Nelson (850) 249-0313 License #SL3379289

    Listing date Dec 2, 2025

    MLS# 769154 Listing URL

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carrabelle Waterfront Commercial Opportunity

    This unique commercial opportunity is located in Carrabelle, a fishing village on Florida's Gulf Coast. The property features over 800 feet of water frontage, numerous docks, and boat lifts. Improvements are underway, including newly completed power and water supply to all individual slips, and new lighting for the parking area. The building is being reviewed for updates and repairs. Situated in a convenient central location on the river, the property is approximately 1 mile from St George Sound and close to town, offering excellent visibility. The two-story concrete block structure could be restored for offices, storage, a clubhouse, or residences. There is ample space to build additional structures or start over. The docks are in like-new condition and ready for leasing, slip fees, or recreational businesses. This property could be a wonderful location for private owners, fishing boats, supplies, and service. The zoning is C-4 Commercial with C-2 allowances, and additional information is available. The property has city sewer and water utilities, and a deep well. The lot size is approximately 0.48 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marinas

    Map

    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.676452
    Latitude
    29.848158

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    FAQs

    What type of property is this?
    Marina - Unique commercial property with extensive water frontage and numerous docks.
    Where is this marina located?
    The property is located at 1506 W 98 Hwy Carrabelle, FL.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Over 800' of water frontage on a river with access to St. George Sound.; - Numerous docks and boat lifts in like-new condition, ready for leasing or business use.; - C-4 Commercial zoning with C-2 allowances, suitable for various commercial or residential uses.
    (850) 249-0313
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    1506 W 98 Hwy Carrabelle, FL 32322
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    Carrabelle, FL 32322
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1506 W 98 Hwy Carrabelle, FL 32322
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