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Multifamily Development Land Tract
For Sale
$499,000

1212 Gray Avenue, Carrabelle, FL 32322

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

Property SizeContact for details
Lot Size61.50 Acres
Days on Market123

Property Features for 1212 Gray Avenue

General Information

Standard status Active
Lot size 61.50 Acres
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: Naumann Group Real Estate, Inc. - SGI
Listed By: Lacey Martina · License #3546997
Source: Compass
Added: Apr 24 Changed: Aug 8 Last Checked: May 8 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Naumann Group Real Estate, Inc. - SGI

Investment Insights

Based on property information with market context.

This offering presents a large development tract in the city limits of Carrabelle, Florida, identified as zoned for multifamily use. The property includes preliminary plats drafted for a cleared section toward the far west of the site, supporting early planning efforts for potential residential development. City water and sewer are available along Gray Ave., and the seller notes that no infrastructure is currently in place, giving a developer the opportunity to build from the ground up.

The parcel is located along Gray Ave. within Carrabelle, with the seller describing convenient proximity to local marinas, public boat ramps, and the downtown waterfront district. Buyer is responsible for verifying all measurements, zoning, density, and development potential with the City of Carrabelle, and additional documentation is available upon request.

Key Highlights

  • 61.5‑acre parcel in city limits of Carrabelle, Florida with multifamily zoning
  • City guidance indicates potential for up to 15 units per buildable acre (buyer to verify)
  • Preliminary plats drafted for the far west cleared section

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Auto Parts Store Storage Facility Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 32322, FL

4,213
Population
2,258
Households
1.9
Avg Household Size
48
Median Age
16%
College-Educated
75%
High-School Grad
75.4 sq mi
ZIP Area
56
Density / Sq Mi
$58,030
Median Household Income
$28,250
Median Earnings
$1,231
Median Rent
$213,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large-acreage parcel in city limits with multifamily zoning and preliminary plat concepts for a cleared western section.
Where is this residential land & home lot located?
The property is located at 1212 Gray Avenue Carrabelle, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 61.5‑acre parcel in city limits of Carrabelle, Florida with multifamily zoning; City guidance indicates potential for up to 15 units per buildable acre (buyer to verify); Preliminary plats drafted for the far west cleared section
More about this property
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