2390 Oak St Carrabelle, FL 32322

This unique 7,000 square foot property at 2390 Oak Street in Carrabelle, Florida, presents a compelling investment opportunity. Situated on a 0.01-acre lot just three blocks from Highway 98 and the bay, this historic building boasts a newly installed 24-gauge metal standing seam roof, signifying significant recent investment. The property is zoned for both commercial and residential use, offering remarkable flexibility. Currently featuring three apartments, including a beautifully refurbished 1800 square foot unit with high ceilings and exposed beams, and a studio apartment with marble countertops and exposed brick, there's potential to add three more. A fully equipped restaurant space, complete with a large stone pizza oven, is ready for immediate use. Additional features include a well-appointed office, a massage room, three extra-large rooms with storefront potential, five bathrooms, and seven storage units. The property also benefits from 3-phase power and has recently been fully fenced. A new 30x30 garage adds further value and utility. This versatile property is ideal for a live-work arrangement, a private compound, or a thriving commercial venture, all within easy reach of the beach. The property's blend of historic charm and modern updates makes it a truly exceptional offering.