A Unique Waterfront Restaurant & Marina
A One-of-a-kind Investment Opportunity in Carrabelle, Florida
An exceptional waterfront investment located at 275 Timber Island Road in Carrabelle, Florida. This nearly one-acre (.97 AC) waterfront compound features two improved commercial buildings, extensive dockage, a full-service restaurant, marina, fuel station, package store, event space, and private boat slips, all within a single, highly versatile asset.
This is the only boat-up restaurant and marina with fuel and package store access within a 50-mile radius in either direction, establishing the property as a true destination propertywith no comparable competition.
Waterfront restaurant and marina
The primary building is designed for high-volume waterfront dining and entertainment, and is positioned directly on deep water at the last stop on the Carrabelle River before open-ocean access.
The commercial kitchen is fully wired and ready for build-out, featuring a 16’ hood, 14’ x 8’ x 8’ walk-in cooler, epoxy flooring with heat and slip resistance, large prep and pantry areas, ice infrastructure with 600-lb ice capacity, and bar refrigeration in place.
Approx. 3,600 SF under air
1,650 SF (66’ x 25’) covered deck and concrete patio
40’ x 36’ front porch suitable for live music or events
420’ total dockage, including 240’ deep-water frontage and 200’ protected interior dockage
Seating for 90 dining chairs, 40 bar stools, and 24 outdoor chairs
Brand-new epoxy flooring throughout
Retail, package store, and event space
The second building provides an additional high-margin income stream suitable for retail, bait, and marina services.
Includes package store license with tobacco and additional cold storage
1,036 SF under air with a 230 SF waterfront deck
Three mini-split HVAC systems, foam insulation, and impact windows
New epoxy flooring, retail counters, and displays
8’ x 10’ x 8’ walk-in cooler
100-gallon live bait tank
Two bait freezers, a beverage cooler, and an ice cream freezer
Seating for 12 tables and 50 chairs
Marina, infrastructure and expansion
Six private boat slips with rental or lease potential
Refurbished on-site fuel station with WEX card acceptance
New Navy-style seawall with 14’ sheets, 30’ pilings, and tie-backs
180’ riverfront boardwalk, new decking, and concrete surfaces
Manitowoc ice machine producing 1,100 lbs per day
Standing-seam metal roof and impact-rated doors and windows
Events, location, and investment upside.
The property includes a 6,000 SF irrigated lawn for events and festivals, sits adjacent to a county boat launch, and is directly across from a luxury RV park that provides consistent customer flow.
Offering direct access to St. George Sound and the Gulf of America, minutes by boat to St. George Island, proximity to Apalachicola, Tallahassee International Airport, and Florida’s 30A corridor, this asset combines small-town authenticity with exceptional accessibility.
This offering represents a diversified waterfront investment encompassing a restaurant, marina, fuel station, package store, event venue, and retail operation.
With no comparable properties in the market and significant barriers to replication, it is ideally suited for investors, hospitality groups, or owner-operators seeking a flagship waterfront asset with long-term upside.
Important Details
New Seawall built with 14ft sheets, Navy Style Walls with 30ft post and tiebacks.
New decking throughout the property
New Concrete surface
New refurbished Fuel Station
Liquor license with property
Standing seam galvanized roof
Impact doors and windows throughout the property
Package store license, including tobacco
Ice box Freezer in the package store with back up freezer in rear
2 large walk-in coolers
6,000 sqft lawn with irrigation
180ft riverfront boardwalk
6 private slips that can be used for rental business etc.
Room for a private boat rental business or private rental slips
240ft of dock space for restaurant
Luxury RV park across the street
County boat launch next to the property
Some of the Best Bottom fishing in the world
Area/Location highlights
2 hours from 30a Rosemary, Seacrest and Santa Rosa Beach
At the inlet to St George sound and direct deep water access to the Gulf of America
Minutes Boat ride from prestigious St George Island and Alligator Island
Only boat up restaurant and bar within 50 miles in either direction
Last Stop on the Carrabelle River before open ocean
1 Hour From Tallahassee Airport
15 Minutes from St James Gold Club
20 minutes to downtown historic Apalachicola FL