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Browse All Carrabelle FL Between $400K - $500K Properties for Sale

$445,000
4 Beds 3 Baths 327888 MLS
Multi-generational coastal retreat located within 5 minutes of a boat launch and public beach access! This versatile property was previously a highly successful short-term rental generating over $30,000 annually for the prior owner. The current owner has chosen to use the property as a full-time residence, so it is not currently operating as a vacation rental, offering excellent future income potential for the next owner. The main home features 3 bedrooms and 2 bathrooms, a spacious kitchen, and a large living area perfect for entertaining family and guests. An attached 1-bedroom, 1-bath apartment includes a full kitchen and separate living room, creating the ideal setup for multi-generational living, extended family, guests, or additional rental income opportunities. Both living spaces share access to a large backyard designed for enjoying the coastal lifestyle. The property also includes a carport with storage room, two large sheds, a covered pet kennel, covered lawn equipment storage area, and a covered awning perfect for outdoor grilling and dining. Enjoy the flexibility of using the property as one large home or separating the units with the already-installed interior lockout doors. Situated on three city lots, this well-maintained property features numerous recent upgrades, including a new HVAC system, Generac whole-home generator with a transferable 10-year warranty, EMP shield, and new tankless water heater. The carport and she shed have been wired with electricity, and additional improvements include hurricane shutters, storm doors, new tie-downs, and a newly installed fence for added peace of mind. Seller also has a survey, 4-Point Inspection, and Wind Mitigation Report available. This is a must-see property offering flexibility, proven income potential, extensive upgrades, and unbeatable coastal convenience.

212 Nw Ave C, Carrabelle

$405,000
4 Beds 3 Baths 324050 MLS
REDUCED!!!!! IMMACULATE CUSTOM 2021 MANUFACTURED HOME! BUILT BY STONEY POINTE BY WINSTON HOMES. Franklin County Tax Appraiser CAMA code upgraded to code#000821 -"MANUFACTURED HIGH". Wind zone 3 rating. Too many custom upgrades to list. The seller will supply the list. Zone 3 construction includes a stronger chassis and anchoring systems to secure the home to its foundation. Reinforced roofing and side materials to withstand strong wind pressures. Impact-resistant DP-50 windows and storm doors. X FLOOD ZONE, so no flood insurance required! Survey and Elevation Certificate available! Electric fireplace in the main den, also a portable electric fireplace. ADA friendly throughout. 12x20' outdoor cookshed with separate screened patio area for entertaining. Large screened-in back porch with furnishings, commercial ice maker, flat screen TV, and MANY other features. Off the screened back porch is a FULL bathroom with a separate hot H2O heater for a hot shower after a day on the boat! 24x30'Poll barn with 17' peak roof for boat or RV. 12x25' storage building. Cook shed and storage buildings are constructed of steel with concrete anchors to withstand winds of up to 140 mph. Enclosed fish cleaning station. Please see the "inclusion" list of the MANY items included in this sale, including TWO generators, yes TWO! "Blink" security system with recording capabilities! Home sits on 3 landscaped city lots. Wide gravel, oyster shell circular drivway for easy ingress and egress. This home is a "MUST SEE'! too much to capture in photos! Sellers are relocating for health reasons.

511 Ne Ave H, Carrabelle

$409,000
3 Beds 3 Baths 322484 MLS
Seller will contribute $5k towards buyers closing costs with an accepted offer. Nestled in the tranquil St. James Bay Golf Resort in Franklin County, FL, this 1,685 sq ft top-floor corner penthouse offers a rare opportunity for both lifestyle and investment. With 3 spacious bedrooms—each with its own ensuite bath—and a smart layout featuring two king suites and a bunk room with four twins, comfort and privacy abound. The condo pays playful tribute to the classic comedy Caddyshack with charming golf-themed decor. An open-concept living area flows seamlessly into the kitchen and dining spaces, all framed by large windows and a private balcony overlooking the 18th hole of the Audubon Signature Sanctuary golf course. As the original developer's personal unit, this residence includes upgraded finishes and design features not found in other units. Enjoy truly unobstructed views of the golf course and surrounding landscape—a rare perk even within the resort. Amenities include a dedicated condo pool, ample guest parking, and boat storage. Two exterior storage units convey: one on the 3rd floor and one in the parking garage. Resort memberships are optional and provide access to tennis, pickleball, a gym, and more. The on-site Crooked River Grill & Bar is just steps away. Located minutes from Carrabelle and within easy reach of Eastpoint, Apalachicola, and St. George Island, this fully turnkey unit is ideal as a primary residence, second home, or rental. Furnishings are negotiable. A separate Master Association ($120/quarter) maintains grounds, a bayside park with dock, pavilion, fire pits, kayak storage, and more. Cable and internet are required ($148/month). Any special assessments will be paid prior to or at closing. All measurements should be verified.

331 Eagles Way, Carrabelle

$445,000
321251 MLS
Price adjustment on a stunning Waterfront Lot with Panoramic Views Experience breathtaking sunrises, sunsets, and star-filled nights from this exceptional 150' St. George Sound bayfront lot. Enjoy unobstructed views of St. George Island, Dog Island, and the Gulf pass. Walk the sandy shoreline, watch dolphins play, spot eagles and shorebirds, and even see migrating manatees. Fish from shore, kayak, paddleboard, or swim in the protected sandbars. Shore breezes keep it comfortable, and nearby boat ramps provide easy access to renowned fishing waters. Located minutes from Apalachicola, St. George Island, and Carrabelle, you're close to dining, shopping, and St. James Bay Golf Club. Central to Tallahassee and Panama City, with nearby nature destinations like Wakulla Springs, Tate's Hell, and St. George Island State Park for hiking, birdwatching, and outdoor adventures. This 125' x 150' prime building site has no HOA, a rock revetment and sea oat dune for erosion protection, and a landscaped buffer for privacy. A dock is possible with a permit. Includes an 80' deep well with excellent water (no sulfur) and an active power pole—ready for your dream home. Waterfront lots like this are rare, and conservation land across the highway ensures lasting privacy. Drive by anytime or contact the listing agent—please avoid driving on the lot to protect the newly planted grass. One Owner holds a FL Real Estate license. Check it out and make an offer to own your piece of paradise on Florida's Forgotten Coast!

2670 Hwy 98 W, Carrabelle

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