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    118 Royal Tern Way Carrabelle, FL 32322

    For Sale
    $46,000

    Residential Lots/Land - Carrabelle, FL

    Lot size:
    0.22 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 118 Royal Tern Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    05-07S-03W-1000-000A-0070
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Expense value
    480
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Xcellence Realty Inc. (866) 595-6025

    Listing agent Cynthia Miller (866) 595-6025

    Listing date Sep 9, 2025

    MLS# 318646 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carrabelle, FL Residential Lot

    This 0.22-acre vacant lot is located in St James Bay Golf & Pickleball Resort in Carrabelle, Florida, offering a place to build a coastal dream home. The property has a partial view of the bay across Highway 98. Residents can enjoy amenities such as swimming pools, a fitness center, a community bayside dock, a kayak launch, and a picnic area. The community also features its own postal station and a secure fenced storage area for boats, campers, and trailers. The resort includes a restaurant, golf shop, special event building, villas, and condos for rentals. The adjacent lot, 116 Royal Tern, is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.560805
    Latitude
    29.897323

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    FAQs

    What type of property is this?
    Land - Vacant lot in St James Bay Golf & Pickleball Resort.
    Where is this land located?
    The property is located at 118 Royal Tern Way Carrabelle, FL.
    What is the asking price?
    The asking price for this property is $46,000.
    What are key features of this property?
    This property features: - Located in St James Bay Golf & Pickleball Resort on the Forgotten Coast.; - Access to amenities including swimming pools, fitness center, community bayside dock, kayak launch, and picnic area.; - Includes golf and pickleball facilities.
    (866) 595-6025
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    118 Royal Tern Way Carrabelle, FL 32322
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    Carrabelle, FL 32322
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Royal Tern Way Carrabelle, FL 32322
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