1582 Highway 98
Seller will consider Owner Financing with acceptable offer and terms! Welcome to a prime commercial opportunity in a highly sought-after location! Nestled just one block from the west side of the Carrabelle Bridge, at the corner of Hwy 98 and Timber Island Road, this .57-acre property offers many possibilities. Zoned C4 mixed use, it conveniently adopts C2 usage, providing a versatile range of potential applications. You'll find the zoning details in the accompanying documents. This property is equipped with city water and a septic system, and it also offers the potential to connect to the city sewer with the necessary tap and pit fees. Its central location is a major advantage, situated between downtown Carrabelle, the beautiful Carrabelle Beach, and the Timber Island public boat ramp, making it an ideal spot for businesses catering to both locals and tourists. On the property stands an existing concrete building, noted on the property appraiser's site as being constructed in 1964, with a metal roof. While the exact age of the roof is unknown, there are no reported leaks. Previously, this property was leased for eight months at $1,000 per month, plus property taxes and utilities, until the tenant's permanent location was ready. This is a fantastic opportunity for investors or business owners looking to establish a presence in a vibrant and growing area. This property is being sold As Is! Don't miss out on the chance to make this versatile property your own!
Listing Information
Facts & Features
Location
Community Information
Architecture
Property Features
Square Footage
Tax & Financial Information
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 08/25/2026 | Price change | $234,000 |
| 04/04/2025 | Listed for sale | $265,000 |
Listed by Jackie Etheridge · Anchor Realty Florida · 8506533333
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties, Inc. ©2026
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