Date
Details
Price
Change
Source
2/13/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$1,200,000
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1/16
Property 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.
Full Property Details
Full Property Details for 1506 W Hwy 98 W
General
- Price: $1,200,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 785240
- Updated: 2/17/2026
- Added to Site: 29 day(s) ago
Location
- County: Franklin
- Subdivision: No Named Subdivision
- Driving 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.
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Community
- Community Name: 18 - Franklin County
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Construction: Block
- Roof: Metal
- Year Built: 1977
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 20,908.8
- Lot Size: .48
- Zoning: General Commercial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront, Gulf Access, Ocean Access, Riprap, Shoreline - Natural
- Water Front View: Bayfront, Gulf Access, Ocean Access, Riprap, Shoreline - Natural
Disclosures and Reports
- Special Conditions: Listed As-Is, Other
- 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
- Property ID: 19-07S-04W-0000-0280-0070
Listed by Keller Williams Success Realty
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Listing agent
— 1506 W Hwy 98 W —
Keller Williams Success Realty
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Schools
Schools serving 1506 W Hwy 98 W
School District:Franklin County School District, Eastpoint, FL
| Name | Grades | Distance |
|---|---|---|
Franklin County Schools Pk-12 1250 U.S. 98, Eastpoint, FL 32328 | PK-12 | 9.1 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 13 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1506 W Hwy 98 W
Tax History
Tax History for 1506 W Hwy 98 W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,127
-1%
$440,358
—
2024
$4,186
128%
$441,510
138%
2023
$1,836
8%
$185,422
12%
2022
$1,702
-3%
$165,090
2%
2021
$1,762
—
$162,167
2%
2021
$1,762
-6%
$159,162
1%
2019
$1,876
1%
$156,877
10%
2018
$1,861
14%
$142,615
10%
2017
$1,632
—
$129,650
-1%
2016
$1,630
—
$130,638
—
2015
$1,637
-1%
$130,638
—
2014
$1,660
—
$131,132
—
2013
$1,653
—
$131,626
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1506 W Hwy 98 W
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1506 W Highway 98 W, Carrabelle, FL 32322 (MLS# 785240) is a Commercial property. 1506 W Highway 98 W is currently listed for $1,200,000 and was received on February 13, 2026. Want to learn more about 1506 W Highway 98 W? Do you have questions about finding other Commercial real estate for sale in Carrabelle? You can browse all Carrabelle real estate or contact a Coldwell Banker agent to request more information.