Residential

Carrabelle, FL Residential Land & Home Lots for Sale

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Carrabelle Multifamily Development Opportunity
Updated: May 11
Carrabelle Multifamily Development Opportunity

902 Gray Ave, Carrabelle, FL 32322

$499,000
21.30 AC lot
Large 21.3‑acre parcel zoned for multifamily development within Carrabelle city limits.
Potential for up to 15 units per buildable acre, offering significant development density.
City water and sewer available along Gray Ave, simplifying utility connections.
Minutes from marinas, boat ramps, and Carrabelle's downtown waterfront.
Preliminary plats drafted for the cleared section, providing a starting point for development planning.
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Riverfront Residential Development Land
Updated: Jul 20
Riverfront Residential Development Land

2039 River Bend Plantation Rd, Carrabelle, FL 32322

$150,000
5.57 AC lot
5.57‑acre riverfront parcel with approximately 432 ft of Crooked River frontage
Zoned for single‑family homes and mobile homes
Electricity already connected on site; well needed; septic needed
Survey and Florida Department of Health septic site evaluation available, including wetlands line and proposed homesite/septic location
Lightly wooded with mature trees and a cleared area; timber walking path started
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Waterfront Homesite Land
Waterfront Homesite Land

3206 Hwy 98 E, Carrabelle, FL 32323

$199,900
0.68 AC lot

A cleared waterfront homesite with substantial frontage and utility confirmation for straightforward planning in a coastal setting.

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Cleared Residential Development Lot
Cleared Residential Development Lot

302 Frank McKamey Way, Carrabelle, FL 32322

$104,000
1.00 AC lot

One-acre lot with planted grass, utilities in place, and flood zone X designation.

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Spacious Carrabelle Lot, No HOA
Spacious Carrabelle Lot, No HOA

332 Frank Mckamey Way, Carrabelle, FL 32322

$129,700
2.47 AC lot

2.47-acre lot near Carrabelle beach, city utilities available.

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Riverfront Residential Land Parcel
Riverfront Residential Land Parcel

Xx20 Mill Road, Carrabelle, FL 32322

$295,000
1.00 AC lot

1-acre New River lot with riverfront access feeding to the Carrabelle River and Gulf for fishing and paddling.

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Bayfront Lot in Carrabelle, FL
Bayfront Lot in Carrabelle, FL

2170 Hwy 98 E, Carrabelle, FL 32323

$320,000
1.00 AC lot

Bayfront lot with 100 feet of direct bay frontage.

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Riverfront Land for Single-Family Homes
Riverfront Land for Single-Family Homes

2039 River Bend, Unit 13, Carrabelle, FL 32322

$150,000
5.57 AC lot

Riverfront parcel with approximately 432 feet of Crooked River frontage, lightly wooded with a cleared area and electricity on site.

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Coastal Land with Development Potential
Coastal Land with Development Potential

2447 Hwy 98 W, Carrabelle, FL 32322

$98,500
0.78 AC lot

0.78-acre homesite near beaches, offering privacy and flexibility.

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Carrabelle, FL Land Overlooking Pond
Carrabelle, FL Land Overlooking Pond

171 Royal Tern Way, Carrabelle, FL 32323

$55,000
0.22 AC lot

High and dry lot with potential bay view.

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Riverfront Homesite with Boat Access
Riverfront Homesite with Boat Access

301 Jay Jay Way, Carrabelle, FL 32322

$169,900
3.64 AC lot

Partially cleared riverfront lot with over 75 feet of frontage and direct water access for recreational use.

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Waterfront Homesite with Pond
Waterfront Homesite with Pond

230 Lake Pristine Cir, Carrabelle, FL 32322

$45,000
1.00 AC lot

A waterfront homesite in a private Carrabelle subdivision with pond frontage, water available, and septic needed.

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Carrabelle Wooded Lot For Sale
Carrabelle Wooded Lot For Sale

134 Timber Ln lot: 23, Carrabelle, FL 32322

$95,000
1.00 AC lot

Wooded lot in upscale subdivision near boat launch and beaches.

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Deep-Water Riverfront Homesite
Deep-Water Riverfront Homesite

150 New River Ln, Carrabelle, FL 32322

$184,000
1.00 AC lot

Partially cleared 1-acre deep-water riverfront lot with an installed driveway and access to the Carrabelle River.

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Residential Lot at Community Cul-de-Sac
Residential Lot at Community Cul-de-Sac

134 Spoonbill Ct, Carrabelle, FL 32323

$40,000
0.16 AC lot

Residential lot with utilities available and end-of-community location within a flood zone where flood insurance is not required.

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Golf Course Lot with Views
Golf Course Lot with Views

423 Royal Tern Way, Carrabelle, FL 32323

$49,000
0.21 AC lot

Residential lot in Carrabelle overlooks the 18th fairway and is part of St. James Bay & Resort community amenities.

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Spacious Lot Near Carrabelle Beach
Spacious Lot Near Carrabelle Beach

332 Frank McKamey Way, Carrabelle, FL 32322

$129,700
2.47 AC lot

2.47-acre lot near Carrabelle's beach with no HOA.

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Waterfront Golf Course Lot
Waterfront Golf Course Lot

160 Anhinga Trl, Carrabelle, FL 32323

$40,000
0.13 AC lot

Buildable lot overlooking a golf course and Lake #5 within an X flood zone.

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8.73 Acre Development Opportunity
8.73 Acre Development Opportunity

2667 Highway 98 West, Carrabelle, FL 32322

$449,000
8.73 AC lot

8.73 acre parcel near the bay for development.

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Land, Carrabelle, FL
Land, Carrabelle, FL

2648-64 Oak St, Carrabelle, FL 32322

$650,000
4.00 AC lot

Single family properties · 4.00 Acres

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Multifamily Development Land Tract
Multifamily Development Land Tract

1212 Gray Avenue, Carrabelle, FL 32322

$499,000
61.50 AC lot

Large-acreage parcel in city limits with multifamily zoning and preliminary plat concepts for a cleared western section.

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Golf Course View Homesite
Golf Course View Homesite

110 Spoonbill Ct, Carrabelle, FL 32323

Contact for pricing
0.13 AC lot

Homesite overlooking the 5th hole of St. James Bay Golf Course.

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Waterfront Residential Land Lot
Waterfront Residential Land Lot

2808 Highway 98 East, Carrabelle, FL 32322

$149,000
1.03 AC lot

Waterfront lot with direct Gulf access and 1.03 acres for a custom home and private dock.

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Carrabelle Land with Golf Views
Carrabelle Land with Golf Views

123 Laughing Gull Ln, Carrabelle, FL 32323

$42,500
0.22 AC lot

Residential land with golf course and lake views in Carrabelle.

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Carrabelle, FL Residential Land & Home Lots Market Trends and Statistics

Explore 246 residential land & home lots for sale in Carrabelle, FL, showcased through 246 active listings on our real estate platform. These investment opportunities span a total of 8,496,931 square feet of properties for sale, with an estimated market value of $18,646,397.

Sale prices for home sites in Carrabelle, FL start at $30,000, averaging $90,516, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 233
Waterfront Land 79
Commercial land 22
Recreation land 3
Agricultural land / Farmland 1

Demographics Overview

Population 4,348
Population Growth (5Y) +4.7%
Median Household Income $58,030
College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Carrabelle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Lanark Village - 32323 $47.4K
Carrabelle - 32322 $66.8K

Taxes & Financing

Tax Rate (average for all types) 1.32%
Property Tax per SF $22.56 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

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