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$849,000
3 Beds ⋅ 4 Baths ⋅ 328911 MLS
SELLER IS WILLING TO NEGOTIATE PAYING A PORTION OF THE BUYERS CLOSING COST! Waterfront luxury awaits in this custom-built 2021 home located in the desirable Angler's Harbor community on the Carrabelle River. Enjoy incredible boating amenities including a community pool, private boat ramps, community dock, and assigned boat slip. Built for comfort and durability, the home features a standing seam metal roof, elevator, ground-level storage room, generator ready and storm shutters on the sliding glass doors leading to the deck. The first living level offers a spacious primary suite with breathtaking river views, a sitting area, walk-in closet, and a spa-like ensuite featuring a soaking tub, custom tile walk-in shower, and double vanity. A guest bedroom with its own private ensuite and a conveniently located laundry room complete this level. Upstairs, the open-concept living, dining, and kitchen area is designed to maximize natural light and panoramic river views. The well-appointed kitchen features stainless steel appliances, abundant cabinetry, and a large breakfast bar perfect for entertaining. The living room opens to a spacious covered porch overlooking the Carrabelle River, creating the perfect place to relax and enjoy the waterfront lifestyle. A third bedroom and full bathroom are also located on this level, providing additional space for family and guests. The seller also owns two adjacent lots and an additional boat slip, all of which may be purchased separately. Whether you're looking for a primary residence, vacation home, or investment property, this exceptional riverfront home offers quality construction, stunning views, and direct access to some of the best boating and fishing on Florida's Forgotten Coast.

121 Anglers Harbor Ln, Carrabelle
$805,000
3 Beds ⋅ 2 Baths ⋅ 328264 MLS
The Ultimate Angler's Retreat on St. James Bay. Live the coastal dream in this turn-key waterfront home, designed for those who live for long days on the water and quiet evenings under the oaks. Positioned perfectly on St. James Bay, this property offers a premier setup for boating and fishing that is increasingly rare. Fisherman & Boater Highlights: Private Fishing Pier: Steps from your back door, featuring an elevated lookout deck . Equipped for Success: Includes a boat lift, integrated fish-cleaning station, and power/water at the dock. Two dedicated storage rooms underneath provide ample space for tackle, rods, and maritime gear, plus sheltered parking for your trailer. Modern Comforts & Total Peace of Mind: The interior is as well-maintained as the dock, featuring a private sitting room with panoramic bay views and a split 3-bedroom, 2-bathroom layout. A new enclosed elevator (2023) makes it effortless to move gear from the dock to the kitchen, or on those rainy days you don't want to take the stairs. Every major system has been updated for worry-free ownership: New HVAC (2025), Standby Generator (2024), New Roof (2021), and LeafFilter Gutters (2024). The updated master shower (2025) and appliances replaced since ownership ensure modern luxury after a day on the bay. Enjoy the best of "Old Florida" with city services and a shared private well for irrigation. This isn't just a home; it's a front-row seat to the best fishing on the Forgotten Coast.

2320 Hwy 98 E, Carrabelle
$829,000
325048 MLS ⋅ Cole's Lodge BLDG.
Cole's Lodge presents a rare opportunity to acquire a proven, income-producing coastal lodging business in the heart of Carrabelle. This turnkey operation includes all FF&E, the established business entity, website, branding, and goodwill, offering a seamless transition for an investor or owner-operator seeking immediate cash flow in a supply-constrained market. The property features eight units—seven 1BR/1BA suites and one 2BR/1BA unit (one unit will need interior construction completed), along with two additional RV sites (one 30-amp and one 50-amp), each with water and sewer connections. The RV sites are currently not included in the financial projections, offering meaningful upside for a buyer looking to expand revenue streams with minimal additional investment. Cole's Lodge has been thoughtfully updated and is positioned to capture the steady demand generated by anglers, eco-tourists, contractors, and Forgotten Coast travelers seeking clean, convenient accommodations. Its location on Highway 98 offers excellent visibility and easy access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island. Based on conservative occupancy assumptions and an occupancy rate of 47% (AirDNA reports the Carrabelle submarket averages 49%), the projected Year-1 rental income is approximately $131,955, with an estimated Net Operating Income of $88,718. These figures are projections only and are available upon request. These projections do not include income from the two RV sites, which represent additional revenue potential for the next owner. Whether you're expanding a hospitality portfolio or stepping into your first owner-operator venture, Cole's Lodge delivers a compelling blend of stability, scalability, and coastal charm. Opportunities like this—an established business with strong branding, multiple income channels, and room to grow—rarely come to market along the Forgotten Coast.

1001 Hwy 98 E, Carrabelle