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Mixed-Use Land for Sale in Carrabelle, Florida

1002 Highway 98 W, Carrabelle, FL 32322

$300,000
0.38 acres
Active sale
ago
Est $2,212/mo

Prime high-visibility corner parcel 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 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 rather than a turnkey improvement. 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. Enjoy close proximity to Carrabelle's marinas, boat ramps, waterfront, grocery, pharmacy, restaurants, and other daily conveniences, all adding to the appeal of this highly visible commercial location. Rare opportunity to secure a prominent corner site with exceptional exposure in the heart of Carrabelle's growing coastal business district.

Location

Street address
1002 Highway 98 W
Community
Franklin
Elevation
12 feet
Coordinates
29.8533, -84.6732

Directions

Highway 98 West; corner of Hwy 98 & W 9th Street

Property details

Lot size
0.38 acres16,553 sq ft
MLS #
TBR 398550
Posted

Parcels

  • 12037-20-07S-04W-4230-0B15-0010

Details and features

Listing

Type
Residential
Subtype
Retail

Lot

Features
Level

Structure

Water
Public
Heating
Central
Cooling
Central Air
Materials
Frame

Interior

Flooring
Hardwood

Listing history

DateEventPriceChangeSource
Apr 13, 2026New listing$300,000TBR
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This 0.38-acre property is located at 1002 Highway 98 W in Carrabelle, FL 32322. The property is available for sale for $300,000.

Checked 1 hour ago — Updated

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