1506 W Highway 98 W, Carrabelle, FL 32322

$1,200,000
Property Type: Commercial for Sale Square Footage: 1,626 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $1,200,000 List Date: 2/13/2026 Last Modified: 2/13/2026

Overview

Description

Own a Small Marina! This property presents a unique opportunity on the Gulf Coast in Carrabelle, a popular fishing and sport village. With big views and over 800' of waterfront, and C-4 Commercial zoning with C-2 allowances, this property is unique and prime for investment. Recent upgrades include water and power to each dock, a perimeter fence, and outdoor lighting. The owner is currently working on bringing the current building into good condition and additional improvements to the lot. Numerous docks and slips are available and in great condition. Pricing is subject to change depending on the scope and finishes of the building on site. The 2 story concrete block structure could be restored for offices, storage, clubhouse, residences, etc. Plenty of space to build additional structures or demo and start over. City Sewer, City Water, Electric Service, and a deep well are on site and ready to go. Plenty of space to build additional structures or demo and start over. Docks ar

Listing Details MLS# 785240

Contract Info

List Price/SqFt
738.01
Sub-Type
Other

Location

Area
18 – Franklin County
Street #
1506
Street Direction
W
Street Name
Highway 98 W
State
FL
Zip Code
32322
County
Franklin
Sub Area
1803 – Franklin – Carabelle
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
19-07S-04W-0000-0280-0070
Elementary School
Other
Middle School
Other
High School
Other
Directions
From W Hwy 98- Located on south side of the bridge to Carrabelle. Entry is the road on the East side of the bridge.
Legal Description
A PARCEL OF LAND ON POSTOM BAYOU SEC 19 T7S R4W ALSO 0.08 AC BEING PART OF S.R.D. #2 OR/132/271 227/192 518/319 OR 227/192 OR 518/321 OR/532/142 OR/639/575 OR/675/233 1276/21 1372/199 1384/121

General Property Info

List Class
Commercial
Construction Status
Under Construction
Acreage
0.48
SqFt Tot Bldg
1626
Year Built
1977

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Own a Small Marina! This property presents a unique opportunity on the Gulf Coast in Carrabelle, a popular fishing and sport village. With big views and over 800' of waterfront, and C-4 Commercial zoning with C-2 allowances, this property is unique and prime for investment. Recent upgrades include water and power to each dock, a perimeter fence, and outdoor lighting. The owner is currently working on bringing the current building into good condition and additional improvements to the lot. Numerous docks and slips are available and in great condition. Pricing is subject to change depending on the scope and finishes of the building on site. The 2 story concrete block structure could be restored for offices, storage, clubhouse, residences, etc. Plenty of space to build additional structures or demo and start over. City Sewer, City Water, Electric Service, and a deep well are on site and ready to go. Plenty of space to build additional structures or demo and start over. Docks are like new and ready for service for leasing, slip fees, or recreational businesses. This quiet town has a rich history in shrimping, oystering, commercial and recreational game fishing, and this property could be a wonderful location for private owners, fishing boats, supplies, and service. Survey Available. All sizes, dimensions, and uses are approximate. Buyer to verify. Schedule your tour today! Let's discuss how we can make this property work for you! Price and future improvements are negotiable.

More Information

Construction/Siding

Block
Yes
Roof – Metal
Yes

Financing

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Present Zoning

General Commercial
Yes

Association Amenities

Dock
Yes
Marina
Yes

Utilities

Electricity – Connected
Yes
Private Well
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Waterview

Bay
Yes

Sale Type

As Is
Yes
Other – See Remarks
Yes

Waterfront Type

Bay/Harbor
Yes
Gulf Access
Yes

Waterfront Feature

Shore – Natural
Yes
Shore – Rip Rap
Yes

Floors in Unit/Home

Two
Yes

Offering Type

Sale Only
Yes

Transport. Access

2-Lane
Yes

Property Features

Financing: Cash; Conventional; Seller Financing Offering Type: Sale Only Present Zoning: General Commercial Sale Type: As Is; Other – See Remarks Utilities: Electricity – Connected; Private Well; Public Sewer – Connected; Water Connected Waterfront Type: Bay/Harbor; Gulf Access Waterfront Feature: Shore – Natural; Shore – Rip Rap Waterview: Bay
Listing Office: Keller Williams Success Realty
Last Updated: February – 13 – 2026
Information deemed reliable but not guaranteed.