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$160,000
329060 MLS
Unlock the potential of this expansive 8.16-acre parcel ideally situated adjacent to the runway at Carrabelle Airport. Offering both size and a highly accessible location, this property presents a rare opportunity for a wide range of future development possibilities. Whether you?re considering aviation-related use, commercial ventures, or a strategic long-term investment, this parcel delivers the space and flexibility to bring your vision to life. Its prime positioning near Carrabelle adds to its appeal, with convenient access to coastal amenities and growing local activity. Opportunities like this don?t come around often secure your stake in a property with exceptional potential and room to grow.

295 Airport Rd, Carrabelle
$279,900
3 Beds ⋅ 3 Baths ⋅ 328540 MLS
Check out this incredible opportunity ,2 Commercial Lots, 2043 total sq. ft, 3 bedrooms, 3 bath rooms, with garage is looking for a new family or Investor. Located downtown Carrabelle is a must see. From your front porch to your screened back porch this property is designed to accommodate all your family and friends. Open concept allows everyone to be a part of all activities available on the forgotten coast. Plenty of room for games, dinner and family evenings everyone will enjoy. Cook your fresh catch in this huge kitchen dinning area. 2 separate sitting areas for telling all those past fishing, boating stories and creating all the new adventures to come. Boat ramp located a block away , this property comes with a large boat shed and plenty of room to store your boat and all the water sport toys that you will need. No towing or transporting the boat Back and forth.completely fenced in and camera system allows privacy and security. With variance from the city of Carrabelle you can live full time while working your business on the 2nd commercial lot. Looking for Income producing? This property is set up for vacation rental while you are not using. Enjoy unlimited possibilities with this property. 5 minutes to-white sugar sand beach and the Carrabelle River or 3 miles to the Gulf of America. Golf cart to all the downtown restaurants, shops, pubs, festivals and events. This location offers it all, call and set your appointment to view and place your offer, these types of properties do not last.

501 Nw Ave B, Carrabelle
$199,000
328501 MLS
Attention Investors! This is a rare opportunity to own 5 Commercial Lots together in Downtown Carrabelle. Located only a half a block from Tallahassee Street, these five lots are located between The Old Carrabelle Hotel and an enclave of 4 Vacation Rental Cottages. You are a short walk to shops, restaurants, marinas and public boat launches. This would be the perfect spot to build a small Inn, Bed and Breakfast, restaurant or Vacation Rental cottages with an owner's living quarters. Less than two blocks from the harbor, this site would be perfect for a downtown Condo Complex with City approval. The possibilities are endless and this is a great price. Build now or just secure the property for future projects in this quaint, historic village by the sea. The owner is a licensed Florida Real Estate agent.

112 Ave A, Carrabelle
$250,000
328444 MLS
PRIME COMMERCIAL OPPORTUNITY IN DOWNTOWN CARRABELLE! Positioned in a high-visibility location next to the famous “World's Smallest Police Station,” this standout property offers unbeatable exposure along busy Hwy 98 in the heart of Florida's Forgotten Coast. Capture the attention of travelers and locals alike as traffic flows through Franklin County every day. This stucco and shell building has already seen major improvements, including a new roof, new windows, updated electrical boxes, and fully inspected, up-to-date electrical systems. The HVAC system is only one year old, adding even more value and peace of mind. Currently home to a successful long-standing business, the property is ready for its next chapter. With exciting growth and development moving into the Carrabelle area, now is the perfect time to bring your business vision to life at this premier commercial location!

104 St James Ave, Carrabelle
$119,000
328211 MLS
Two+ acres of commercial property with approximately 265' highway frontage on US 98 W. The current zoning for this property is C1 allowing for a large list of business opportunities! Located in close proximity to the public beach areas of Carrabelle. Prime location capturing traffic between Tallahassee and Apalachicola on major coastal Highway 98, and a short driving distance to St. George Island. It should be noted the seller has an active real estate license in the state of FL. Also the county has wetlands noted on the property but majority buildable uplands present.

1663 Hwy 98 W, Carrabelle
$300,000
328041 MLS
Prime high-visibility corner parcel located at Highway 98 West and W 9th Street, directly across from The Moorings Marina, in one of Carrabelle's most recognizable commercial corridors. Zoned C-1 and offered at land value only, this property presents a compelling opportunity for redevelopment, investment, or commercial repositioning. C-1 zoning appears to support a broad range of neighborhood and highway commercial uses, including retail, restaurants, taverns, professional and service businesses, offices, banks, personal services, auto-oriented uses, lodging such as hotels/motels, and certain residential or mixed-use possibilities by special exception. An existing house is on site and requires extensive remodeling, making this an ideal prospect for buyers seeking a strategic location with strong upside rather than a turnkey improvement. Situated within the Carrabelle CRA District, the property also benefits from its location in an area targeted for revitalization and continued enhancement. CRA matching-grant programs have historically supported faade and other exterior improvements to commercial properties in the district, so CRA funds may be available for eligible exterior building beautification improvements, subject to application and approval. Enjoy close proximity to Carrabelle's marinas, boat ramps, waterfront, grocery, pharmacy, restaurants, and other daily conveniences, all adding to the appeal of this highly visible commercial location. Rare opportunity to secure a prominent corner site with exceptional exposure in the heart of Carrabelle's growing coastal business district.

1002 Hwy 98 W, Carrabelle
$595,000
327917 MLS
A spacious 2,745 sq. ft. commercial building perfectly positioned just off Highway 98 in Carrabelle, Florida. This versatile property offers endless potential for business owners, investors, or entrepreneurs looking to establish a strong presence along the Forgotten Coast. The main level features flexible space that can be configured into up to 10 private offices, with additional storage rooms and common areas ideal for a variety of business operations. Upstairs, you'll find a 1-bedroom, 1-bathroom apartment — perfect for on-site living, an office manager's quarters, or additional rental income. The building is fully compliant with ADA/handicap accessibility requirements, ensuring convenience and inclusivity for all clients and staff. With excellent visibility and easy access from Highway 98, this property combines practicality, location, and potential — a true standout for any commercial venture.

406 Se Ave B, Carrabelle
$304,900
326538 MLS
Large Commercial Property. 9.2 Acres close to the airport. Forestry property around it. Sign on property. Many uses for this property. Proof of funds or bank preapproval must accompany all offers

216 Airport Rd, Carrabelle
$250,000
326373 MLS
BRING YOUR BUSINESS TO THE HEART OF CARRABELLE! This vacant commercial lot on Marine Street offers an exciting opportunity to establish or expand your business in one of Florida's most charming coastal communities. Perfectly positioned near downtown, the river, and local marinas, and Carrabelle City boat launch this property puts you right in the path of everyday locals and steady coastal visitors alike. Carrabelle is known for its working-waterfront character, fishing heritage, and relaxed Forgotten Coast atmosphere—making it an ideal setting for retail, office space, marine-related services, or other compatible commercial ventures (buyer to verify allowed uses). Located just steps from the Carrabelle River, boat ramps, restaurants, and shops, Marine Street provides excellent visibility and convenient access while still benefiting from the easygoing pace that keeps people coming back year after year. If you've been searching for a place to grow your business in a community that values local enterprise and coastal lifestyle, this lot checks all the boxes. Opportunities for COMMERCIAL PROPERTY in Carrabelle are limited—secure your spot and build your vision on the Forgotten Coast.

xxx Xxx Marine St, Carrabelle
$829,000
325048 MLS ⋅ Cole's Lodge BLDG.
Cole's Lodge presents a rare opportunity to acquire a proven, income-producing coastal lodging business in the heart of Carrabelle. This turnkey operation includes all FF&E, the established business entity, website, branding, and goodwill, offering a seamless transition for an investor or owner-operator seeking immediate cash flow in a supply-constrained market. The property features eight units—seven 1BR/1BA suites and one 2BR/1BA unit (one unit will need interior construction completed), along with two additional RV sites (one 30-amp and one 50-amp), each with water and sewer connections. The RV sites are currently not included in the financial projections, offering meaningful upside for a buyer looking to expand revenue streams with minimal additional investment. Cole's Lodge has been thoughtfully updated and is positioned to capture the steady demand generated by anglers, eco-tourists, contractors, and Forgotten Coast travelers seeking clean, convenient accommodations. Its location on Highway 98 offers excellent visibility and easy access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island. Based on conservative occupancy assumptions and an occupancy rate of 47% (AirDNA reports the Carrabelle submarket averages 49%), the projected Year-1 rental income is approximately $131,955, with an estimated Net Operating Income of $88,718. These figures are projections only and are available upon request. These projections do not include income from the two RV sites, which represent additional revenue potential for the next owner. Whether you're expanding a hospitality portfolio or stepping into your first owner-operator venture, Cole's Lodge delivers a compelling blend of stability, scalability, and coastal charm. Opportunities like this—an established business with strong branding, multiple income channels, and room to grow—rarely come to market along the Forgotten Coast.

1001 Hwy 98 E, Carrabelle
$225,000
324740 MLS
While it served wonderfully as a dining destination, this double lot is zoned and ready to be transformed into almost anything your business vision requires!

116 Se Ave A, Carrabelle
$215,000
321568 MLS
Great Commercial Investment property with approximately 278 feet of Hwy 98 road frontage. Just over 2.6 acres in total. Zoned C-1 Most of the property has been cleared.

1673 Hwy 98 W, Carrabelle
$239,000
321560 MLS
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! Seller will consider Owner Financing with 50% Down. Don't miss out on the chance to make this versatile property your own!

1582 Hwy 98, Carrabelle
$240,000
310938 MLS
PRICE ADJUSTED-Own a piece of Carrabelle History. 2 commercial lots located one block off major US Hwy 98. A staple in the City of Carrabelle - The Magnolia Club. Includes the commercial building on Lot 10 and the vacant Lot 9 Don't miss this opportunity to run a business in the existing building while exploring the possibility of expansion or investment in the adjacent vacant lot. The Magnolia Club was a thriving bar and pool hall originally built in 1977 until the owner retired in the early 2000's. The building is concrete block with endless possibilities. Located just minutes from downtown Carrabelle. Minutes away from Carrabelle Beach. Ten-minute drive to golf course. Thirty-minute drive to the white sand beaches of St. George Island. Minutes from Lighthouse, Museums, Restaurants, and shopping. One hour drive to Tallahassee.

307 Se 7th St, Carrabelle
$349,000
317959 MLS
Large commercial warehouse conveniently located in the maritime town of Carrabelle, with excellent proximity to the water and many options for use! Approximately 5216 sqft large and open warehouse with cypress framing, blown insulation, metal roof with hurricane straps, climate controlled office space and covered RV parking with 50 amp service! Warehouse is made more private by a large fence and native trees around the perimeter. Adjacent, vacant lot on HWY 98 is also available. Enjoy flexibility and ease of use for your next commercial endeavor!

202 Ne 7th St, Carrabelle
$30,000
313602 MLS
Opportunity is knocking. Don't miss this chance to build on US Hwy 98 in the growing coastal seaport town of Carrabelle, FL. A coastal gem with white sand beaches, deep water access, history museums, a lighthouse, and endless potential. Commercial zoning fronting US Hwy 98. Adjacent Lot 8 is available as well. Approximately an hour drive to Tallahassee. 30 minutes to St. George Island. Numerous possibilities.

207 Se 11th St, Carrabelle
$30,000
313601 MLS
Opportunity is knocking. Don't miss this chance to build on US Hwy 98 in the growing coastal seaport town of Carrabelle, FL. A coastal gem with white sand beaches, deep water access, history museums, a lighthouse, and endless potential. Commercial zoning fronting US Hwy 98. Adjacent Lot 9 is available as well. Approximately an hour drive to Tallahassee. 30 minutes to St. George Island. Numerous possibilities.

205 Se 11th St, Carrabelle
$149,000
317960 MLS
Vacant, cleared parcel on HWY 98 on a nice, high bluff in the maritime City of Carrabelle! Excellent proximity to the water and downtown activities with preferred traffic count boasting 100 front feet on US HWY 98! Additional access via 7th Street and adjacent property with warehouse is also available!

Lot 17 Hwy 98, Carrabelle