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    2505 Highway 98 E Carrabelle, FL 32322

    For Sale
    $95,000

    Residential Lots/Land - Carrabelle, FL

    Lot size:
    1.00 Acre
    Days on Market:
    91
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 2505 Highway 98 E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12-07S-04W-1004-0000-0030
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Berkshire Hathaway Home Services - SGI (850) 927-6000

    Listing agent Melissa Chandler (850) 990-0020

    Listing date Sep 15, 2025

    MLS# 324063 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

    Acre Lot with Bay Views

    This property features bay views of St. George Sound. It consists of three lots being sold as one parcel, totaling one acre. One lot has frontage on Highway 98, and another has frontage on Florida Avenue. The middle lot has access from Highway 98. The configuration allows for potential access to a garage from the back of the lot, with ample room to build a boat garage. The property offers flexibility, allowing for the construction of a single dream home on the entire lot or the option to build on one lot and sell the other two. Located in the Lanark area, it provides convenient access to the city of Carrabelle and the bay, river, and gulf, making it suitable for fishing and water sports. The property is also located close to Carrabelle Beach and a short drive from St. George Island and the historic town of Apalachicola.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Hotel & Motel HVAC Service Electrical Service Cafe & Coffee Shop Travel Agency Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.5861091
    Latitude
    29.8853778

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    FAQs

    What type of property is this?
    Land - Acre lot with bay views, close to beaches and water activities.
    Where is this land located?
    The property is located at 2505 Highway 98 E Carrabelle, FL.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Unobstructed bay views of St. George Sound.; - Acre lot comprised of three parcels being sold together.; - Highway 98 and Florida Avenue frontage.
    (850) 990-0020
    Request Owner's contact information
    2505 Highway 98 E 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    2505 Highway 98 E Carrabelle, FL 32322
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