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Browse All Carrabelle FL Under $200K Properties for Sale

$199,000
2 Beds 1 Baths 328664 MLS
Completely reimagined and rebuilt, this beautifully renovated home sits on a city lots in the heart of Carrabelle and offers the peace of mind that comes with virtually everything being new. Taken down to the studs and thoughtfully remodeled, this home combines modern finishes with quality craftsmanship throughout. Major improvements include new floor joists and subflooring, replacement sheetrock, completely rewired electrical systems, all new plumbing, added insulation, roof clips for enhanced structural integrity, a new HVAC system, and a new hot water heater. Inside, you'll find all new flooring, interior doors, lighting fixtures, cabinetry, granite countertops, and a full suite of new appliances. The kitchen and bathrooms have been completely updated with stylish finishes designed for both comfort and functionality. The exterior has been refreshed with attractive Hardie board porches featuring board-and-batten accents that enhance the home's curb appeal and coastal character. Situated on a city lot, the property offers additional outdoor space and flexibility rarely found within town limits. Conveniently located in a residential area of Carrabelle, this home is just minutes from public boat ramps, beach access points, waterfront parks, local shops, and popular restaurants. Whether you're searching for a primary residence, vacation home, or investment property, this move-in-ready home provides an exceptional opportunity to enjoy the relaxed lifestyle of Florida's Forgotten Coast.

1209 Ne 1st St, Carrabelle

$199,000
328662 MLS
Discover the beauty of Old Florida living with Lots 2 & 3 in Black Bear Bayou, a unique riverfront community nestled along the scenic Carrabelle River. These spacious homesites offer the perfect setting to create your dream retreat, surrounded by natural beauty, privacy, and stunning waterfront views. Set within a thoughtfully planned 45-acre community along a sweeping bend of the pristine Crooked River, Black Bear Bayou provides a rare opportunity to enjoy peaceful riverfront living while remaining conveniently close to town. From your future homesite, take in panoramic views of the river and the untouched wilderness of Tate's Hell State Forest, where changing seasons create an ever-evolving natural backdrop. Whether you're envisioning a custom-built primary residence, a vacation getaway, or an investment in Florida's Forgotten Coast, these properties offer the space and serenity to bring your vision to life. Residents enjoy the feeling of being miles away from it all while being located just two miles north of downtown Carrabelle. Local restaurants, shopping, medical and dental services, art galleries, museums, live entertainment, and area beaches are all within easy reach. Black Bear Bayou is ideal for those who appreciate nature, privacy, and waterfront living without sacrificing convenience. Come experience the peaceful charm and endless possibilities these exceptional riverfront homesites have to offer. Please note: The HOA is currently inactive; however, deed restrictions do apply. Seller does not have a wetlands report available for review. Buyers are encouraged to conduct their own due diligence regarding property suitability, permitting requirements, and intended use.

321 Jay Jay Way, Carrabelle

$159,900
328660 MLS
Escape to the tranquility of riverfront living at Lot 4 in Black Bear Bayou, a rare 3.64-acre homesite tucked away along the beautiful Carrabelle River. Offering over 75 feet of river frontage, this partially cleared property provides the perfect balance of peaceful seclusion, natural beauty, and everyday convenience. Enjoy incredible river views from your future homesite, with direct access from the water. The current owner has successfully utilized a 20-foot boat to access the property from the river frontage, adding to the unique appeal of this waterfront retreat. Black Bear Bayou is a one-of-a-kind riverfront community spanning 45 acres along a sweeping bend of the pristine Crooked River. Residents enjoy breathtaking panoramic views of the river and the unspoiled wilderness of Tate's Hell State Forest, creating a stunning backdrop that changes with the seasons. Designed for those seeking an "away from it all" lifestyle without sacrificing modern conveniences, this hidden gem is located just two miles north of downtown Carrabelle. Local shops, restaurants, medical and dental services, art galleries, museums, live music, and coastal attractions are all just minutes away. Whether you're searching for a peaceful weekend getaway, a private waterfront retreat, or the perfect location to build your forever home, Black Bear Bayou offers an exceptional opportunity to connect with nature while remaining close to town. Please note: The HOA is currently inactive; however, deed restrictions do apply. The seller does not have a wetlands report available for review. Buyers are encouraged to conduct their own due diligence regarding property suitability, permitting requirements, and development plans.

301 Jay Jay Way, Carrabelle

$184,000
328635 MLS
Build your dream waterfront home on this beautiful 1-acre deep-water riverfront homesite in Carrabelle, Florida. Offering exceptional privacy and stunning river views, this property has already been partially cleared and features an installed driveway, giving you a head start on creating your ideal waterfront retreat. Located directly across from state-owned land, you'll enjoy a protected natural setting with unobstructed views and a peaceful backdrop that is unlikely to change. With deep-water access, this property is ideal for boating enthusiasts, anglers, and anyone looking to enjoy life on the water. Add a private dock and enjoy easy access to the Carrabelle River, nearby bays, and the Gulf of Mexico. Whether you're watching wildlife from your backyard, casting a line from your dock, or simply enjoying the sunset over the river, this property offers the best of Florida's Forgotten Coast lifestyle. Conveniently located just minutes from downtown Carrabelle, you'll have easy access to local restaurants, shops, marinas, boat ramps, Carrabelle Beach, and the golf and pickleball amenities at St. James Bay. The award-winning beaches of St. George Island are approximately 15 miles away, while Dog Island is just a short boat ride from your future dock. The seller has several property-related reports available for review; however, these reports are more than 10 years old. Buyers are encouraged to conduct their own due diligence and obtain updated reports, surveys, and inspections as needed to verify current conditions and suitability for their intended use. Whether you're looking for a primary residence, vacation getaway, or investment property, this riverfront homesite offers a rare opportunity to own deep-water frontage in one of the Forgotten Coast's most scenic and unspoiled areas. Schedule your showing today and come experience the beauty of waterfront living.

150 New River Ln, Carrabelle

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