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1002 Hwy 98 W, 
Carrabelle, FL 32322

$300,000


Bed


Bath


1,999

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Brenda Brown

Berkshire Hathaway HomeServices - Sgi

Last updated:

April 15, 2026, 06:46 PM

MLS#

328041

Source:

FL RAFGC

About This Home

1002 Hwy 98 W

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. C-1 zoning appears to support a broad range of neighborhood and highway commercial uses, including retail, restaurants, taverns, professional and service businesses, offices, banks, personal services, auto-oriented uses, lodging such as hotels/motels, and certain residential or mixed-use possibilities by special exception. 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 faade 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.

Home Facts

Multi-Family

Built in 1935

Price Summary

300,000

$150 per Sq. Ft.

MLS #:

328041

Last Updated:

April 15, 2026, 06:46 PM

Added:

1 month(s) ago


Structure

Structure

Building Area:

1,999 Sq. Ft.

Year Built:

1935


Lot

Lot Size (Sq. Ft):

16,553


Finances & Disclosures

Finances

Price:

$300,000

Price per Sq. Ft:

$150 per Sq. Ft.

Source:FL RAFGC
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo."GLVAR MLS deems information reliable but not guaranteed." Copyright 2026 of the Greater Las Vegas Association of REALTORS®MLS. All rights reserved. 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.