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$290,000
3 Beds 3 Baths 328863 MLS
Step back in time and discover the charm of Old Florida at 506 Tallahassee Street in the heart of Carrabelle. Built in 1933, this beautifully maintained cottage blends timeless character with modern comfort, featuring original pine floors, abundant natural light, and inviting living spaces full of warmth and history. The main home offers 2 bedrooms, 1 full bathroom, and a convenient half bath located in the laundry room. Above the detached garage, you'll find an additional bedroom and full bathroom—perfect for guests, a private office, or extra flex space. (Please note: the upstairs space does not include a kitchen.) For added peace of mind, the home's foundation was recently resecured by Solid Foundations and comes with a transferable lifetime structural warranty. Relax on the welcoming front porch or unwind on the screened back porch, all while enjoying the charm of this historic coastal community. Conveniently located just minutes from Carrabelle's waterfront, marina, restaurants, shops, and public boat launch, this property offers the perfect blend of history, character, and coastal living. Whether you're searching for a full-time residence, a weekend getaway, or an investment opportunity, this timeless cottage is ready for its next chapter.

506 Tallahassee St, Carrabelle

$275,000
2 Beds 1 Baths 328752 MLS
Charming Coastal Retreat Just One Block from the Carrabelle River! Welcome to this beautifully renovated 2-bedroom, 1-bath home situated on a spacious corner lot in the heart of Carrabelle's quiet and beloved fishing community. Just one block from the Carrabelle River, this property combines small-town coastal charm with extensive modern upgrades. The current owner has completed a comprehensive renovation, creating a move-in-ready home with peace of mind for years to come. Major improvements include all-new plumbing, completely updated electrical wiring and outlets, and a new 200-amp electrical service panel. Recessed lighting throughout enhances the home's bright coastal aesthetic, while wood-look tile flooring provides both style and durability. The open-concept living and kitchen area features quartz countertops, new cabinetry, and a functional layout perfect for everyday living and entertaining. The updated bathroom boasts a quartz double vanity and an attractive stone-look tile shower. A new mini-split HVAC system efficiently serves the main residence, and attic stairs have been added for convenient access to additional storage space. The home is built on a solid concrete slab foundation. Outside, the large corner lot showcases refreshed landscaping, mature trees, a gravel driveway, covered parking, and an inviting outdoor entertainment area complete with dedicated grill and fire pit spaces. An outdoor storage shed provides even more room for tools, equipment, or recreational gear. Adding exceptional value and versatility is a fully renovated detached auxiliary building featuring tile flooring, new windows, washer/dryer and water heater hookups, and its own separate A/C unit. This flexible space offers endless possibilities and could serve as a guest suite, home office, hobby room, additional bedroom, kitchenette, or whatever best suits your needs. Located in an X Flood Zone according to the Property Appraiser's records, flood insurance may not be require

302 Nw 9th St, Carrabelle

$399,000
4 Beds 2 Baths 328724 MLS
Rarely does a property like this come available. Situated on an oversized corner lot in the heart of downtown Carrabelle, this versatile property features two matching homes, each offering 720 square feet of heated and cooled living space and approximately 930 square feet under roof, including charming screened front porches. Both residences feature a functional open-concept layout with 2 bedrooms and 1 full bathroom, creating comfortable and efficient living spaces. Extensive updates have already been completed, including standing seam metal roofs, new flooring, fresh interior and exterior paint, and beautifully renovated bathrooms featuring tiled showers and glass shower doors. Currently operating as income-producing long-term rentals, these homes offer immediate cash flow for investors. The location also allows for short-term rentals, providing additional income potential and flexibility for future owners. Adding to the property's uniqueness, it is commercially zoned while having been utilized as residential housing for many years. This zoning creates a variety of possibilities for investors, entrepreneurs, or those seeking a live/work opportunity. Buyers should note that continued residential use will require approval from the City. Whether you're looking to expand your rental portfolio, explore short-term rental opportunities, or capitalize on the property's commercial zoning potential, this one-of-a-kind downtown Carrabelle property deserves a closer look. Showings by appointment only, do not disturb the tenants. Please give 24-48 hour showing request notification.

102/104 Se 1st St, Carrabelle

$125,000
2 Beds 1 Baths 328568 MLS
If you've been looking for a home with room to spread out, this Carrabelle property is worth a look. Currently a two bedroom home, there is an additional room that could easily become a third bedroom with the addition of a closet. It would also make a great office, study, hobby room, craft room, or oversized pantry. One of the first things you'll notice is the amount of living space. The oversized living room provides plenty of room for family gatherings, entertaining friends, or simply relaxing at the end of the day. The large sunroom adds even more flexibility and could serve as a second living area, game room, reading room, or whatever best fits your needs. The kitchen offers abundant cabinet and counter space and overlooks the backyard, making it a comfortable place to cook, gather, and stay connected with family and guests. Just off the kitchen is a huge walk in storage room with enough space for pantry items, freezers, supplies, and all the extras that never seem to have a place. Outside, you'll find a metal roof, covered carport, screened front porch, detached workshop, and a spacious backyard shaded by mature trees. Whether you enjoy gardening, woodworking, fishing, or simply having room for your tools and toys, you'll appreciate the space this property provides. It offers the kind of space people actually use, plenty of storage, and room to make it your own over time. Located just minutes from Carrabelle Beach, boat ramps, restaurants, shopping, and some of the best fishing on the Forgotten Coast, this property offers a chance to enjoy the laid back Florida lifestyle without breaking the bank. Come take a look. You might be surprised by just how much home this property has to offer.

505 Nw 3rd St, Carrabelle

$250,000
328444 MLS
PRIME COMMERCIAL OPPORTUNITY IN DOWNTOWN CARRABELLE! Positioned in a high-visibility location next to the famous “World's Smallest Police Station,” this standout property offers unbeatable exposure along busy Hwy 98 in the heart of Florida's Forgotten Coast. Capture the attention of travelers and locals alike as traffic flows through Franklin County every day. This stucco and shell building has already seen major improvements, including a new roof, new windows, updated electrical boxes, and fully inspected, up-to-date electrical systems. The HVAC system is only one year old, adding even more value and peace of mind. Currently home to a successful long-standing business, the property is ready for its next chapter. With exciting growth and development moving into the Carrabelle area, now is the perfect time to bring your business vision to life at this premier commercial location!

104 St James Ave, Carrabelle

$300,000
328041 MLS
Prime high-visibility corner parcel located at Highway 98 West and W 9th Street, directly across from The Moorings Marina, in one of Carrabelle's most recognizable commercial corridors. Zoned C-1 and offered at land value only, this property presents a compelling opportunity for redevelopment, investment, or commercial repositioning. C-1 zoning appears to support a broad range of neighborhood and highway commercial uses, including retail, restaurants, taverns, professional and service businesses, offices, banks, personal services, auto-oriented uses, lodging such as hotels/motels, and certain residential or mixed-use possibilities by special exception. An existing house is on site and requires extensive remodeling, making this an ideal prospect for buyers seeking a strategic location with strong upside rather than a turnkey improvement. Situated within the Carrabelle CRA District, the property also benefits from its location in an area targeted for revitalization and continued enhancement. CRA matching-grant programs have historically supported faade and other exterior improvements to commercial properties in the district, so CRA funds may be available for eligible exterior building beautification improvements, subject to application and approval. Enjoy close proximity to Carrabelle's marinas, boat ramps, waterfront, grocery, pharmacy, restaurants, and other daily conveniences, all adding to the appeal of this highly visible commercial location. Rare opportunity to secure a prominent corner site with exceptional exposure in the heart of Carrabelle's growing coastal business district.

1002 Hwy 98 W, Carrabelle

$160,000
2 Beds 2 Baths 325147 MLS
Investor special or homesteader's dream on over 3 acres in Carrabelle! This beautiful, spacious property offers a rare opportunity to own a large tract of land with an existing home already in place. While the home has not been utilized for several years and will require major repairs, the setting and acreage provide incredible potential for the right buyer. The home features a wood-burning fireplace with a brick accent wall, a large primary bedroom, and solid bones ready for renovation or re-imagining. A pole barn is located on the property, offering additional storage, workshop space, or agricultural use. All utilities are already in place, saving time and expense; however, they should be inspected by the buyer due to the home's period of non-use. Whether you're looking to renovate, rebuild, or invest, this property offers privacy, space, and endless possibilities just minutes from Carrabelle's coastal lifestyle. Bring your vision and make this property your own.

156 Carlton Millender Rd, Carrabelle

$239,000
321560 MLS
Welcome to a prime commercial opportunity in a highly sought-after location! Nestled just one block from the west side of the Carrabelle Bridge, at the corner of Hwy 98 and Timber Island Road, this .57-acre property offers many possibilities. Zoned C4 mixed use, it conveniently adopts C2 usage, providing a versatile range of potential applications. You'll find the zoning details in the accompanying documents. This property is equipped with city water and a septic system, and it also offers the potential to connect to the city sewer with the necessary tap and pit fees. Its central location is a major advantage, situated between downtown Carrabelle, the beautiful Carrabelle Beach, and the Timber Island public boat ramp, making it an ideal spot for businesses catering to both locals and tourists. On the property stands an existing concrete building, noted on the property appraiser's site as being constructed in 1964, with a metal roof. While the exact age of the roof is unknown, there are no reported leaks. Previously, this property was leased for eight months at $1,000 per month, plus property taxes and utilities, until the tenant's permanent location was ready. This is a fantastic opportunity for investors or business owners looking to establish a presence in a vibrant and growing area. This property is being sold As Is! Seller will consider Owner Financing with 50% Down. Don't miss out on the chance to make this versatile property your own!

1582 Hwy 98, Carrabelle