Multifamily-Zoned Development
For Sale
$499,000
902 Gray Avenue, Carrabelle, FL 32322
Cleared residential development parcel in city limits with multifamily zoning and preliminary plats for part of the site.
Property SizeContact for details
Days on Market121
Property Features for 902 Gray Avenue
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Naumann Group Real Estate, Inc. - SGI
(334) 723-6799
Listed By:
Lacey Martina · License #3546997
(334) 723-6799
Source:
Compass
Added: Apr 25
Changed: Aug 8
Last Checked: May 13 at 12:17AM
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 for-sale development parcel includes 21.3 acres zoned for multifamily use within the City of Carrabelle. A portion of the land is cleared and preliminary plats have been drafted for the far west section, providing a starting point for subdivision planning. The seller indicates there is no existing infrastructure in place, offering a blank-slate layout for a ground-up design and execution. The buyer is responsible for verifying all measurements, zoning, density, and development potential with the City of Carrabelle.
City water and sewer are available along Gray Ave., supporting utilities planning for the site. The property is located just minutes from local marinas, public boat ramps, and Carrabelle’s downtown waterfront district, with convenience to the area’s waterfront amenities.
The parcel is offered for subdivision from a larger 61.5-acre property. The seller is willing to survey and replat the property upon execution of an accepted contract, subject to buyer verification of all development details.
City water and sewer are available along Gray Ave., supporting utilities planning for the site. The property is located just minutes from local marinas, public boat ramps, and Carrabelle’s downtown waterfront district, with convenience to the area’s waterfront amenities.
The parcel is offered for subdivision from a larger 61.5-acre property. The seller is willing to survey and replat the property upon execution of an accepted contract, subject to buyer verification of all development details.
Key Highlights
- 21.3‑acre cleared parcel in Carrabelle city limits with multifamily zoning
- City guidance indicates potential for up to 15 units per buildable acre (buyer to verify with City of Carrabelle)
- Preliminary plats drafted for the far west cleared section
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared residential development parcel in city limits with multifamily zoning and preliminary plats for part of the site.
Where is this residential land & home lot located?
The property is located at 902 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: 21.3‑acre cleared parcel in Carrabelle city limits with multifamily zoning; City guidance indicates potential for up to 15 units per buildable acre (buyer to verify with City of Carrabelle); Preliminary plats drafted for the far west cleared section
