Carrabelle Homes under $500,000

Carrabelle Homes under $500,000

Welcome to Carrabelle, Florida – a hidden gem nestled in the heart of Franklin County, where coastal charm meets small-town warmth. This picturesque city, located along the beautiful Gulf Coast, is renowned for its stunning natural beauty, vibrant community spirit, and rich history. Whether you're drawn by the allure of pristine beaches or the tranquility of nearby rivers, Carrabelle offers an idyllic lifestyle that feels like a permanent vacation.

For those seeking affordable yet charming homes, Carrabelle has a variety of options available under $500,000. This makes it an ideal destination for first-time homebuyers, retirees, or anyone looking to escape the hustle and bustle of city life. Imagine waking up to the gentle sounds of waves lapping against the shore and enjoying your morning coffee on a sun-drenched porch. With properties ranging from quaint cottages to spacious family homes, there’s something for everyone in this friendly community.

The local real estate market is thriving, with homes that boast modern amenities and easy access to outdoor activities. From fishing and boating to hiking and birdwatching, Carrabelle is a paradise for nature lovers. Plus, the close-knit community hosts various events and festivals throughout the year, ensuring there’s always something to do and new friends to meet.

Explore the charm of Carrabelle, where your dream home awaits at an affordable price. Discover the perfect blend of coastal living and community spirit – your slice of paradise is just a key turn away!

Newest Carrabelle Homes under $500,000

357 Pirates Landing Dr Unit E-32, Carrabelle
$254,900
1 Beds ⋅ 2 Baths ⋅ 329618 MLS
Coastal living meets investment potential at Pirates Landing in Carrabelle, Florida! This thoughtfully designed 1-bedroom, 2-bathroom condo offers river views, an open floor plan, and a spacious screened porch—perfect for enjoying the relaxed lifestyle of Florida's Forgotten Coast. The condo features hardwood/pine flooring through out. Open concept living area and a well-appointed kitchen with stainless steel appliances. The spacious screened porch provides the ideal place to relax and enjoy the coastal breeze. The top-floor primary suite features vaulted ceilings and additional flexible space that can be used as a home office, reading area, or extra sleeping space, making the condo versatile for both personal use and guests. Pirates Landing amenities include a community pool and hot tub, with convenient access to the river and Carrabelle Beach. Boaters will appreciate the nearby boat ramp, making it easy to launch and enjoy fishing, boating, and the area's beautiful waterways. Whether you're looking for a full-time residence, vacation getaway, or income-producing property, this condo offers an excellent opportunity to own in a desirable coastal community. Short-term rental potential provides flexibility for owners who want to enjoy the property themselves while renting when not in use. Enjoy low-maintenance coastal living, river views, convenient amenities, and easy access to everything Carrabelle has to offer. Bring your boat, your beach chair, and your investment plans—this Pirates Landing condo is ready to be enjoyed!

357 Pirates Landing Dr Unit E-32, Carrabelle
511 Ne Ave H, Carrabelle
$405,000
4 Beds ⋅ 3 Baths ⋅ 329510 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
702 Ave C, Carrabelle
$349,000
3 Beds ⋅ 2 Baths ⋅ 329508 MLS
In the heart of town, just three blocks from the water, a tropical oasis surrounds this cozy 3 bedroom, 2 bath home. Completely renovated in 2022 and 2023, it's enclosed by a custom-built privacy fence with a beautiful gated entrance and offers a fresh start from top to bottom, with all new electrical, plumbing, heating and air, appliances, flooring, and a metal roof, plus R-30 insulated ceilings and two inch closed cell foam floors. The modern kitchen features a live edge acacia wood breakfast bar, a curved glass vent hood, gunmetal stainless steel appliances, a gas stove, and L V P flooring throughout. Both bathrooms feature stone top vanities, tile flooring, and glass barn doors. Plenty of windows fill the home with natural light, and a separate laundry and pantry sit just off the kitchen. Step outside into your own tropical paradise, tucked between the home and the custom privacy fencing. It's professionally landscaped with tropical trees and plantings for that true Florida feel, kept lush with a full irrigation system, and monitored by security cameras placed throughout the property. A detached office studio with a half bath and ductless heating and air offers flexible bonus space. And if you're curious about even more possibilities, don't miss the adjoining property next door, a large two story storage building with approved plans for a three bedroom, two bath home upstairs and room to store your boats, cars, and A T Vs. Both properties can be sold together for a negotiated price.

702 Ave C, Carrabelle
403 Tallahassee St, Carrabelle
$295,000
2 Beds ⋅ 2 Baths ⋅ 329501 MLS
Charming 1935 coastal cottage in historic downtown Carrabelle! This beautifully updated 2BR gem features a metal roof, 2021 HVAC, fresh interior paint, new lighting, fans, blinds, custom walnut countertops, new kitchen cabinetry, and a wine/beverage fridge. The back alley-way provides a pull through drive-way for your boat or camper with new privacy fencing and gates for security. Outdoor living includes a large front porch with dual fans, outdoor shower, outdoor laundry/utility room with bath, rock driveway, new front steps, fresh underpinning, improved shed with storage shelves, and an outdoor fish cleaning sink. Enjoy a brick walkway crafted from antique FL/GA bricks and the additional 5' 100' side lot. Located within walking distance of shopping, restaurants, the post office, and the harbor with multiple marinas, boat launches, and ship stores. Carrabelle is golf cart friendly and known for its stunning sunsets over the Carrabelle River bridge. This cottage proudly displays the red, white, and blue, adding to its timeless downtown charm. Come to Carrabelle and “Get Hooked” on this move in ready coastal treasure.

403 Tallahassee St, Carrabelle
122 Bragdon St, Carrabelle
$238,000
2 Beds ⋅ 1 Baths ⋅ 329485 MLS
Nestled on two spacious lots in the City of Carrabelle, this 2BR/1BA property offers the perfect blend of comfort, privacy, and coastal convenience. Inside, the home offers a warm, inviting feel with hardwood flooring in most of the main living areas complemented by cozy carpeted bedrooms. The fenced yard features a chain-link fence—ideal for keeping pets safely secured— a brand new privacy fence in the backyard and a 10' tall semi-private fence along the front, creating a secluded outdoor space for relaxation, entertaining, or simply enjoying the peaceful surroundings. An outdoor storage shed provides added space for tools, beach gear, or lawn equipment. All new windows coming soon! Located just minutes from the beach and downtown, this home is connected to city water and sewer and also includes a sewer-connected RV hookup, making it easy to host guests or accommodate additional living space for visitors. An owned propane tank services the stove for added efficiency. Recent improvements include a new roof in 2018 and HVAC system in 2020. The yard is maintained with Proforce mosquito and tick treatment paid through the end of the year—so you can enjoy the outdoors comfortably year-round. Catch peek-a-boo river views from your living room and take advantage of this versatile opportunity—whether you're seeking a full-time residence, vacation getaway, or investment property close to everything the Forgotten Coast has to offer.

122 Bragdon St, Carrabelle
608 W 10th St, Carrabelle
$289,000
3 Beds ⋅ 2 Baths ⋅ 329461 MLS
Charming coastal style meets modern, move in ready BRAND NEW CONSTRUCTION at 608 W 10th Street in Carrabelle. This thoughtfully designed 3 bedroom, 2 bathroom with a loft home offers approximately 1,200 square feet with an open concept layout that makes excellent use of every inch. When you step inside you're greeted with vaulted ceilings that add warmth and character throughout the main living area, connecting the living room and dining room and stylish kitchen. The primary suite includes a private ensuite bath, while one of the additional bedrooms features a loft, creating flexible bonus space for an office, play area, reading nook, storage or extra sleeping space. A spacious laundry room, durable LVP flooring and two full bathrooms to add to the homes practical and low maintenance design. Whether you are looking for a full-time residence, coastal getaway, or an investment property, this home is conveniently located in Carrabelle with easy access to boating, fishing, beaches, and all the Florida's forgotten coast has to offer.

608 W 10th St, Carrabelle
401 St James Ave Unit 11, Carrabelle
$285,000
2 Beds ⋅ 3 Baths ⋅ 329398 MLS
Park your boat in your own slip with a lift.! Two bedroom, 2 1/2 bath townhome on the Carrabelle River. Side balcony and under unit storage and parking. Good riverviews from your balcony! Comes turn key so just bring your clothes and your boat! Walking distance to shopping, dining, etc and just miutes from the beach.

401 St James Ave Unit 11, Carrabelle
509 Se 7th St, Carrabelle
$245,000
2 Beds ⋅ 2 Baths ⋅ 329315 MLS
Welcome to this beautifully built newer-construction home at 509 SE 7th St in Carrabelle. Never occupied and thoughtfully designed for comfortable coastal living, this home offers an inviting open-concept layout and excellent access to some of Carrabelle's best outdoor amenities. A covered front porch welcomes you into the spacious living room and kitchen, where an abundance of cabinetry and granite countertops provide plenty of storage and workspace. The guest bedroom is generously sized and conveniently located near the hallway bathroom, which features a tiled walk-in shower with ADA grab bars for added accessibility and ease of use. The private primary suite is located at the rear of the home and features his-and-hers closets along with a full primary bathroom. Durable LVP flooring runs throughout the home, providing a clean, modern look and easy maintenance. Step outside to enjoy the screened-in back porch, an ideal spot for relaxing, entertaining, or enjoying the coastal breeze. The location is a standout feature, with the public boat launch and fishing pavilions just a short walk away. With its new-construction condition, functional layout, modern finishes, and fantastic location, this home is an excellent opportunity for anyone looking for a low-maintenance coastal retreat, full-time residence, or investment property in Carrabelle.

509 Se 7th St, Carrabelle
607 Three Rivers Rd, Carrabelle
$224,500
2 Beds ⋅ 2 Baths ⋅ 329266 MLS
Deal Alert!!- 607 Three Rivers Road is now offered at just $229,900.00. If you've been waiting for something affordable near the coast, you owe it to yourself to take a look at this one! Nestled in the heart of Carrabelle, this adorable remodeled 2 bedroom 2 bathroom cottage offers the perfect blend of coastal comfort and convenience. Ideal for a weekend getaway, short term rental, or a full time retreat. Just a short drive to Carrabelle Beach, the historic Crooked River Lighthouse, Camp Gordon Johnson WWII museum, as well as restaurants and downtown activities. New Roof and AC in 2022. Fresh sod and privacy fence in 2025. Give us a call today so this opportunity doesn't slip away!

607 Three Rivers Rd, Carrabelle
703 Se 3rd St Unit 703-d, Carrabelle
$279,000
3 Beds ⋅ 3 Baths ⋅ 329248 MLS
This beautifully remodeled 3BR/3BA condo is a hidden gem for boaters, anglers, and beach lovers alike. Just steps from the Carrabelle River public boat ramp, you'll enjoy quick access to the Bay, Gulf of Mexico, and the sugar-sand beaches of Dog Island—making it the perfect launch point for fishing trips or island adventures. This unit is not a rental at the moment but short terms rentals are allowed! Inside, you'll find a fresh, open layout with upgraded finishes throughout: new flooring in the living areas and bedrooms, a reimagined kitchen with granite countertops, under-cabinet lighting, stainless appliances, and a raised bar that invites casual gatherings. Each of the three full bathrooms has been tastefully updated with new vanities, countertops, and fixtures. The floor plan offers flexibility with two bedrooms and two full baths on the first level, plus laundry, and a third bedroom and bath upstairs alongside the main living area. Enjoy your morning coffee or evening drinks from private balconies off the living room and rear bedroom. Thoughtful improvements continue under the home with knee walls to keep the sand off the concrete, string lights, a wall-mounted fan, and a refrigerator for breezy outdoor entertaining. Spray foam insulation in the attic adds efficiency, while fresh paint throughout provides a crisp coastal feel. Located right next to a large parking lot, this is one of the most private units in the community—and it's within a half-mile walk to Carrabelle's growing downtown scene with restaurants, music venues, and a rising tide of hip coastal charm.

703 Se 3rd St Unit 703-d, Carrabelle
1846 Beacon St, Carrabelle
$239,500
3 Beds ⋅ 2 Baths ⋅ 329165 MLS
Coastal Living Near Carrabelle Beach! Cozy updated 3-bedroom, 2-bath double-wide home offering approximately 1,200 square feet of comfortable living space on a spacious 1.35-acre lot. Located just a short walk from Carrabelle Beach, this property offers the perfect blend of privacy, convenience, and coastal living. The bright, open split-bedroom floor plan seamlessly connects the living room, dining area, and kitchen, creating an inviting space for everyday living and entertaining. The spacious primary suite features a private bath with a garden tub, separate shower, and ample storage, while two additional bedrooms share a full guest bath. Recent upgrades include: Luxury vinyl plank (LVP) flooring throughout.. ..New roof ..Fresh interior paint ..HVAC system ..New kitchen appliances ..Electrical and plumbing improvements ..New gravel driveway. Outside, relax on the screened front porch or enjoy the open deck overlooking the peaceful, partially cleared backyard. With 1.35 acres, there's plenty of room for a boat, RV, additional parking, or future outdoor amenities. Conveniently located near Carrabelle Beach, public boat ramps, world-class fishing, and all the outdoor recreation the Forgotten Coast has to offer, this property is ideal as a primary residence, weekend retreat, or investment opportunity.

1846 Beacon St, Carrabelle
2760 Hwy 98 W, Carrabelle
$325,000
3 Beds ⋅ 2 Baths ⋅ 329134 MLS
BAYFRONT opportunity with incredible potential! This 3-bedroom, 2-bath Old Florida home offers beautiful bay views and a chance to create something special at a price point rarely seen on the water. Recent improvements include a new metal roof and new septic system. A November 2018 engineering report noted no structural deficiencies with the home. The property is ready for its next owner to complete the vision, including installation of central HVAC and shoreline improvements. DEP has indicated approval for riprap/rock shoreline stabilization. With comparable bayfront homes selling for $650,000 and above, this property offers tremendous potential for an investor, short-term rental, vacation home, or full-time residence. Bring your ideas and some TLC and take advantage of the location, views, and upside. IMPORTANT SHOWING INSTRUCTIONS: All showings must be scheduled and approved in advance. Do not enter or access the property without prior approval from the listing agent and without being accompanied by the listing agent or your own licensed real estate agent. The rear deck is in poor condition and MUST NOT be accessed or walked on. For safety, do not enter the additional storage area located off the primary southeast bedroom.

2760 Hwy 98 W, Carrabelle
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