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275 US Highway 98 1.68 Acres of Commercial Land Offered at $2,187,912 CAD in Eastpoint, FL 32328



Investment Highlights
- Cleared commercial land lot with 406-linear feet of frontage on Florida 30: approved plans for rental development.
- Nearby amenities include banking, coffee shop, gas station, several local dining options, Family Dollar, and Weems Memorial Hospital.
Executive Summary
1.68 acres of prime commercial property with exceptional visibility and access on US Highway 98, centrally located in the heart of Eastpoint—the gateway to St. George Island. This highly visible corner-influenced parcel offers approximately 400 feet of frontage on Hwy 98 and an additional 200 feet of frontage on Franklin Street, providing excellent exposure and flexible site planning options. FLDOT-approved ingress and egress from Highway 98 is already in place, a significant advantage for future development. The property is cleared, level, and development-ready, with water and sewer taps already onsite. The location benefits from substantial recent and ongoing infrastructure investment, including new paving along Highway 98 and a newly installed traffic signal approximately 500 feet from the property, enhancing accessibility and traffic flow. The surrounding corridor continues to gain momentum with new commercial development underway, including a national paint store and a new gas station nearby, reinforcing the area’s growing commercial appeal. The site is also conveniently located near a county park and boat ramp serving both year-round residents and the strong seasonal traffic headed to St. George Island and historic Apalachicola, just minutes away. With an AADT of approximately 5,800, strong frontage, approved access, and visible signs of growth, this property presents a compelling opportunity for investors, developers, or owner-users seeking an early position in an expanding coastal market.
Property Facts
| Price | $2,187,912 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.68 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-1 - Commercial | ||
| Price | $2,187,912 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.68 AC |
| Opportunity Zone |
Yes |
| Zoning | C-1 - Commercial |
1 Lot Available
Lot
| Price | $2,187,912 CAD | Lot Size | 1.68 AC |
| Price Per AC | $1,302,328.36 CAD |
| Price | $2,187,912 CAD |
| Price Per AC | $1,302,328.36 CAD |
| Lot Size | 1.68 AC |
Property is located on the north side of US HWY 98 across from Taylor's Building Supply.
1 1
Property Taxes
| Parcel Number | 31-08S-06W-0000-1800-0000 | Improvements Assessment | $51,778 CAD |
| Land Assessment | $548,464 CAD | Total Assessment | $600,242 CAD |
Property Taxes
Parcel Number
31-08S-06W-0000-1800-0000
Land Assessment
$548,464 CAD
Improvements Assessment
$51,778 CAD
Total Assessment
$600,242 CAD
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275 US Highway 98
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