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Property Description
Exceptional commercial development opportunity at the highly recognizable intersection of US Hwy 98 and SR 65 in Eastpoint, Florida, the primary turn toward St. George Island and a natural gateway serving local residents, visitors and coastal traffic. This approximately 10-acre offering is zoned C-2 Commercial and located within a designated Opportunity Zone, offering additional potential for qualified investors. The property features substantial highway visibility, frontage along both Hwy 98 and SR 65, multiple points of potential access and a separate waterfront component along St. George Sound. The size, location and commercial zoning provide an opportunity to explore a variety of development concepts including retail, restaurant/food service, convenience/fuel, hospitality, professional services, marine or outdoor-related businesses, storage/flex uses or a multi-user commercial development, subject to governmental approvals and site feasibility. The survey depicts approximately 7.29 acres north of Hwy 98, including an approximately 1.13-acre extension along the SR 65 corridor, plus approximately .74 acre south of Hwy 98 fronting St. George Sound. A 100-foot power-line easement is also depicted on the survey. Offered as raw commercial land, this property gives a developer or investor the opportunity to evaluate the site and create a project suited to its unique characteristics. Buyers should conduct independent due diligence regarding developable acreage, wetlands and environmental conditions, utilities and capacity, FDOT access, stormwater, flood and coastal requirements, easements, permitting and intended use. With its prominent corner location along the US 98 coastal corridor and position at the gateway to St. George Island, this is a rare opportunity to acquire a significant commercial tract in one of Franklin County's most recognizable locations. Ideal for developers, investors and commercial users seeking visibility, frontage and long-term development potential along Florida's Forgotten Coast. All information deemed accurate but not guaranteed. Measurements are approximate per survey and/or Property Appraiser. Buyer to verify all information deemed important, including zoning, land use, acreage, dimensions, environmental conditions, wetlands, utilities, access, flood zones, development potential, permitting and Opportunity Zone eligibility/benefits. All contracts, riders and addenda submitted by cooperating brokers must be on FAR/BAR forms
Full Property Details
Full Property Details for 1015 Hwy 98
General
- Price: $1,900,000
- Status: Active
- Type: Vacant
- Source: 933
- MLS ID: 329381
- Updated: 8/30/2026
- Added to Site: 2 day(s) ago
Location
- Area: Eastpoint
- Subdivision: No Named Subdivision
- Driving Directions: LOCATED ON THE CORNER OF THE WEST SIDE OF HWY 65 AND HWY 98, CCLAND TO THE BACK OF THE PROPERTY
Utilities
- Sewer: None
- Water: None
- Utility Description: See Remarks
Structural Information
- Exterior Const.: See Remarks
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: 421 x 818 x 501 x 756
- Frontage: 421
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Terms: Cash, New Mortgage
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: 3.67 AC & THE LANDS S OF HWY ALSO 3.4 AC ALSO 1.12 AC M/L FLORIDA POWER EASEMENT OR 93/286 105/89 111/446 221/356 307/104 551/4 566/366 1095/402 1182/620 1232/424 1370/102-EASEMENT
- Property ID: 22-08S-06W-0000-0030-0000
Listed by Anchor Realty Florida
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Schools
Schools serving 1015 Hwy 98
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 | 1.2 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 2.7 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 1015 Hwy 98
Date
Details
Price
Change
Source
8/30/2026
Listed
$1,900,000
955.56%
MLS
12/21/2016
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1015 Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,995
4%
$237,500
—
2024
$1,922
23%
$237,500
52%
2023
$1,565
-8%
$156,500
—
2021
$1,692
5%
$156,500
—
2022
$1,606
-5%
$156,500
12%
2021
$1,692
-17%
$140,070
-19%
2019
$2,037
1%
$173,100
7%
2018
$2,026
-5%
$162,100
-6%
2017
$2,137
1%
$171,930
—
2016
$2,119
6%
$171,930
6%
2015
$2,007
-12%
$161,930
-11%
2014
$2,276
11%
$181,500
10%
2013
$2,050
—
$165,000
—
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 1015 Hwy 98
1015 Hwy 98, Eastpoint, FL 32328 (MLS# 329381) is a Vacant property. 1015 Hwy 98 is currently listed for $1,900,000 and was received on August 30, 2026. Want to learn more about 1015 Hwy 98? Do you have questions about finding other Vacant real estate for sale in Eastpoint? You can browse all Eastpoint real estate or contact a Coldwell Banker agent to request more information.

