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

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 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 MLS# 785240

Contract Info

List Price/SqFt: 738.01 List Date: 2026-02-11 List Price: $1,200,000 Current Price: $1,200,000 Sub-Type: Other

Location

Sub Area: 1803 – Franklin – Carabelle Community/Resort: None Waterfront: Yes 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. Area: 18 – Franklin County Street #: 1506 Street Direction: W Street Name: Highway 98 W State: FL Zip Code: 32322 County: Franklin Subdivision: No Named Subdivision Parcel ID: 19-07S-04W-0000-0280-0070 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 Acreage: 0.48 Construction Status: Under Construction 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.

Construction/Siding

Block: 1 Roof – Metal: 1

Financing

Cash: 1 Conventional: 1 Seller Financing: 1

Present Zoning

General Commercial: 1

Association Amenities

Dock: 1 Marina: 1

Utilities

Electricity – Connected: 1 Private Well: 1 Public Sewer – Connected: 1 Water Connected: 1

Waterview

Bay: 1

Sale Type

As Is: 1 Other – See Remarks: 1

Waterfront Type

Bay/Harbor: 1 Gulf Access: 1

Waterfront Feature

Shore – Natural: 1 Shore – Rip Rap: 1

Floors in Unit/Home

Two: 1

Offering Type

Sale Only: 1

Transport. Access

2-Lane: 1

Status Change Info

Status: Active

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.