Carrabelle Corner Parcel For
For Sale
$300,000
1002 Highway 98 W, Carrabelle, FL 32322
SINGLE_FAMILY - Carrabelle, FL
Property SizeContact for details
Lot Size0.38 Acres
Days on Market118
Property Features for 1002 Highway 98 W
General Information
Property type
Residential
Property subtype
Retail
Lot features
Level
Directions
Highway 98 West; corner of Hwy 98 & W 9th Street
Subdivision
Franklin
Standard status
Active
APN
12037-20-07S-04W-4230-0B15-0010
Lot size
0.38 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Hardwood
Building materials
Frame
Listing Agency:
Beach Properties of Florida
(850) 252-4160
Listed By:
John Brown · License #565281
(850) 524-6720
Added: Apr 13
Changed: May 8
Last Checked: Aug 8 at 8:06AM
MLS# 398550
Copyright © 2026 Tallahassee Board 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.
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 only, this 0.38-acre property presents a compelling opportunity for redevelopment, investment, or commercial repositioning. An existing house is on site and requires extensive remodeling, making this an ideal prospect for buyers seeking a strategic location with strong upside. Situated within the Carrabelle CRA District, the property also 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 near Carrabelle's marinas, boat ramps, waterfront, grocery, pharmacy, restaurants, and other daily conveniences, all adding to the appeal of this highly visible commercial location. This is a rare opportunity to secure a prominent corner site with exceptional exposure in the heart of Carrabelle's growing coastal business district.
Key Highlights
- Prime high‑visibility corner parcel on Highway 98 West, across from The Moorings Marina
- Zoned C‑1, ideal for redevelopment, investment, or commercial repositioning
- Located within the Carrabelle CRA District, potentially eligible for matching‑grant programs for exterior improvements
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
98
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility corner parcel in Carrabelle's commercial corridor.
Where is this commercial land located?
The property is located at 1002 Highway 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 parcel on Highway 98 West, across from The Moorings Marina; Zoned C‑1, ideal for redevelopment, investment, or commercial repositioning; Located within the Carrabelle CRA District, potentially eligible for matching‑grant programs for exterior improvements
