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Coastal Hotel with RV Sites
For Sale
$829,000

1001 Hwy 98 E, Carrabelle, FL 32322

COMMERCIAL - Carrabelle, FL

Property Size3,060 SF
Lot Size0.73 Acres
Price / SF$270.92
Days on Market218

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, Slate, Vinyl
Building materials Frame
Roof type Metal
Listing Agency: St George Island Realty, Llc
Listed By: Donnie Gay · License #3598862
Added: Jan 17 Changed: Aug 5 Last Checked: Aug 23 at 3:06PM
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 a coastal lodging business offering eight units, including seven 1BR/1BA suites and one 2BR/1BA unit; one unit will need interior construction completed. The property also includes two additional RV sites, one with 30-amp service and one with 50-amp service, and both have water and sewer connections. Public water and public sewer are in place to support lodging and RV use.

Located on Highway 98, the property is positioned for visibility and easy access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island. The site is zoned C-1.

The building is a frame structure with a metal roof and floors finished with tile, vinyl, and slate. Cole’s Lodge was built in 1996 and sits on a 0.7308-acre lot with 3,060 square feet of property size.

Key Highlights

  • Eight units: seven 1BR/1BA suites and one 2BR/1BA unit; one unit needs interior construction
  • Two RV sites with water and sewer connections, including 30‑amp and 50‑amp service
  • Located on Highway 98 with visibility and easy access to downtown Carrabelle, the boat ramp, marinas, and St. George Island beaches

Property Analytics

Current Use

Cole's Lodge Hotel & Motel

Suggested Use

Top Pick Plumbing Service Auto Parts Store Storage Facility Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Eight lodging units with public utilities plus two RV sites on Highway 98 in Carrabelle, zoned C-1.
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; Two RV sites with water and sewer connections, including 30‑amp and 50‑amp service; Located on Highway 98 with visibility and easy access to downtown Carrabelle, the boat ramp, marinas, and St. George Island beaches
More about this property
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