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$900,000
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Property Description
Prime Investment Opportunity Located at 125 & 131 US Highway 98, Eastpoint, FL 32328, this former home of Wefings Marine (operating for 24 years) presents a unique opportunity for investors and entrepreneurs looking to capitalize on a versatile property. With a total site size of 1.010 acres, this property is strategically situated in a high-traffic area, making it ideal for various residential and commercial ventures. Investment Potential: This property is zoned for a variety of uses, making it a versatile investment option for a broad range of buyers. Whether you are an investor looking to develop or a business owner seeking a new location, the zoning allows for a range of opportunities, including retail, office, and residential uses. The substantial covered storage area is particularly attractive for businesses that require ample space to show inventory or warehouse equipment. Location Benefits: High Visibility: Located on a major highway, ensuring excellent visibility and accessibility for customers and clients. Eastpoint is the center of Franklin County, and as such, the communities of St George Island, Carrabelle, and Apalachicola are within easy reach of Eastpoint making it the most desirable location in the area, Growing Area: Eastpoint is experiencing growth, making this an opportune time to invest in the local real estate market. Don't miss your chance to acquire this prime property in Eastpoint. Contact us today to schedule a viewing and explore the endless possibilities for development and investment at this location. This is a rare opportunity to secure a versatile property in a thriving community act now!
Full Property Details
Full Property Details for 125 & 131 Hwy 98
General
- Sold For: $900,000
- Taxes: $7,589 (2024)
- Status: Closed
- Type: Commercial
- Source: 933
- MLS ID: 322708
- Added to Site: 166 day(s) ago
Interior
- Furnishings: Unfurnished
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Location
- Area: Eastpoint
- Subdivision: No Named Subdivision
- Building Name: Nautical Ventures FKA Wefings Marine
- Driving Directions: From the foot of the John Gorrie Bridge, coming from Apalachicola, travel east for .25 miles, turn north into the driveway.
Heating & Cooling
- Cooling Type: HVAC
- Heating Type: HVAC
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Description/Design: Display Windows, Freestanding Building, Office Area, Other, Restrooms: Private, See Remarks, Sign
- Construction Status: Construction Complete
- Exterior Const.: Clear Span, Metal Siding, Steel Frame, Stucco
- Roof: Metal
- Ceiling Height: 10
- Stories/Levels: 2
- Square Feet: 2,800
- Living Area: 20,912 Sq. Ft.
- Year Built: 2004
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: 210' 200' 220' 200'
- Frontage: 215
Financial Considerations
- Tax Amount: $7,589.86
- Tax Year: 2024
Disclosures and Reports
- Legal Description: Parcel 1: A PARCEL BEING 110' ALONG HWY 98... Parcel 2: A PAR IN NE1/4 OF 36-8S-7W BEING APPROX 100 X 200
- Flood Zone Info: X
Listed by St George Island Realty, LLC
Sold by Nonmember Office
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Price & Sales History for 125 & 131 Hwy 98
Date
Details
Price
Change
Source
9/30/2025
Sold
$900,000
-8.41%
MLS
8/04/2025
Listed
$982,600
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
125 &131 Highway 98, Eastpoint, FL 32328 (MLS# 322708) is a Commercial property that was sold at $900,000 on September 30, 2025. Want to learn more about 125 &131 Highway 98? Do you have questions about finding other Commercial real estate for sale in Eastpoint? You can browse all Eastpoint real estate or contact a Coldwell Banker agent to request more information.

