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Coastal Land with Development Potential
For Sale
$98,500

2447 Hwy 98 W, Carrabelle, FL 32322

Land, Carrabelle, FL

Property SizeContact for details
Lot Size0.78 Acres
Days on Market83

Property Features for 2447 Hwy 98 W

General Information

Property type Land
Property subtype Other
Zoning R-2
Zoning description County
Vegetation Natural State
Subdivision City Of St. George
Lot features Flood Insurance Required, Irregular Lot, Survey Available, Within 1/2 Mile of Water, Wooded
Directions North side of Hwy 98 on West side of Carrabelle next to High Bluff Trailhead.
Standard status Active
APN 0308S05W000000500000
Lot size 0.78 Acres

Taxes and HOA fees

Tax Description A PARCEL IN TRACT 40 BEING 0.44 AC M/L BEING 284.04' X 135.20' X 314.33' OR/90/226 OR/213/484 OR/526/175 plus A PARCEL IN TRACT 40 CITY OF ST GEORGE BEING 0.34 AC OR 90/567 105/109 502/181 577/122
Legal Description A PARCEL IN TRACT 40 BEING 0.44 AC M/L BEING 284.04' X 135.20' X 314.33' OR/90/226 OR/213/484 OR/526/175 plus A PARCEL IN TRACT 40 CITY OF ST GEORGE BEING 0.34 AC OR 90/567 105/109 502/181 577/122

Utilities

Utilities Electricity Available
Listing Agency: Coastal Realty Group-carrabelle
Listed By: Wanda Rose · License #3036168
Added: Jun 10 Changed: Aug 19 Last Checked: Aug 31 at 2:06PM
MLS# 324405

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.78-acre homesite, consisting of two adjoining parcels, offers privacy and natural beauty. The property borders the High Bluff Trailhead-East in Tate's Hell State Forest, backing up to hundreds of acres of protected land. Zoned R-2, it allows for a minimum of 450 sq ft of heated and cooled living space. With elevated construction, potential views of St. George Sound may be possible across Hwy 98. The property is located 3 miles from Carrabelle Beach, 5 miles from a public boat launch, and 20 minutes from St. George Island & Apalachicola. The property previously had a mobile home and was serviced by a well, septic system, and power pole. Power is currently disconnected, and the condition of the well and septic is unknown. A 10x16 metal shed remains on site for storage. The location offers low property taxes and access to fishing, boating, and outdoor recreation.

Key Highlights

  • Zoned R‑2 with a low minimum heated/cooled living space requirement of 450 sq ft, a rare feature allowing for a smaller, more affordable coastal cottage.
  • Borders Tate's Hell State Forest, providing exceptional privacy with no rear or eastern neighbors and direct access to hundreds of acres of protected land and abundant wildlife.
  • Located on 0.78 acres comprised of two adjoining parcels, offering flexibility and potential for future expansion.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

3
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 - 0.78-acre homesite near beaches, offering privacy and flexibility.
Where is this residential land & home lot located?
The property is located at 2447 Hwy 98 W Carrabelle, FL.
What is the asking price?
The asking price for this property is $98,500.
What are key features of this property?
This property features: Zoned R‑2 with a low minimum heated/cooled living space requirement of 450 sq ft, a rare feature allowing for a smaller, more affordable coastal cottage.; Borders Tate's Hell State Forest, providing exceptional privacy with no rear or eastern neighbors and direct access to hundreds of acres of protected land and abundant wildlife.; Located on 0.78 acres comprised of two adjoining parcels, offering flexibility and potential for future expansion.
More about this property
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