On February 21, 1998, at 1755 eastern standard time, a Piper PA-25-235, N8648L, collided with the ground during an emergency landing following a loss of engine power during cruise flight near Perry Foley, Florida. The airplane was operated by the commercial pilot under the provisions of Title 14 CFR Part 91, and visual flight rules. Visual meteorological conditions prevailed, and no flight plan was filed. The pilot was not injured, and the airplane sustained substantial damage. The flight originated in Brownfield, Texas, exact time unknown. According to both the FAA inspector and the pilot, the airplane had no fuel, but should not have run out of fuel. They stated the airplane should have reached its destination, Hollywood, Florida, with adequate fuel reserves. During further examination by the FAA inspector, it was noted that the engine contained adequate oil and showed no signs of seizure. Also, the fuel tank did not rupture and contained only residual fuel. It was also noted by the FAA inspector that the carburetor bowl drain plug was missing, and the fuel line from the fuel tank to the firewall shutoff valve was loose and leaking. According to the FAA inspector, the airplane had recently undergone an annual inspection after being in extended storage .