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    406 Avenue B SE Carrabelle, FL 32322

    For Sale
    $625,000

    Apartments/Multi-Family - Carrabelle, FL

    Type:Apartment
    Property size:
    3,596 SF
    Lot size:
    0.25 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 406 Avenue B SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    APN
    29-07S-04W-4200-0002-0130
    Size
    3,596 SF
    Lot size
    0.25 Acres

    Building Details

    Year built
    2005
    Flooring type
    Tile
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    Jessica Barber Real Estate, LLC (850) 370-1112

    Listing agent Jessica Barber (850) 370-1112

    Listing date Oct 27, 2025

    MLS# 324418 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 Commercial Building with Apartment

    This 3,596 square foot commercial building is located just off Highway 98 in Carrabelle, Florida. Situated on a 0.253-acre lot, the property offers potential for business owners, investors, or entrepreneurs. The main level features flexible space that can be configured into up to 10 private offices, with additional storage rooms and common areas. Upstairs, there is a 1-bedroom, 1-bathroom apartment suitable for on-site living, an office manager's quarters, or additional rental income. The building is fully compliant with ADA/handicap accessibility requirements. With visibility and access from Highway 98, this property is suitable for any commercial venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.6613377
    Latitude
    29.8505591

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    FAQs

    What type of property is this?
    Office space - Versatile commercial building with apartment near Highway 98 in Carrabelle.
    Where is this office space located?
    The property is located at 406 Avenue B SE Carrabelle, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Prime location just off Highway 98 with excellent visibility and easy access.; - Spacious 2,745 sq. ft. commercial building with flexible space for up to 10 private offices.; - Includes a 1-bedroom, 1-bathroom apartment for on-site living or rental income.
    (850) 370-1112
    Request Owner's contact information
    406 Avenue B SE 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
    406 Avenue B SE Carrabelle, FL 32322
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