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    Property profile & analytics

    501 St James SE Ave Carrabelle, FL 32322-3508

    • Retail space
    • 6,787 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $2,660,000
    Last Sale
    Oct 30, 2023
    $2,940,000
    Location Intelligence
    Property ID
    US18-4143150
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Somethin’ Fishy Fishing Charters / Fishing Charter
    • Renegade Fishing Charters & Seafood, LLC / Fishing Charter / Seafood Wholesaler
    • Hammerhead Hunters / Fishing Charter
    • C-Quarters Marina / Fishing Store / Gas Shop
    • Drop Zone Fishing / Fishing Charter

    Property Details for 501 St James SE Ave

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    6,787 SF
    Property type
    Retail space
    APN
    20-07S-04W-4190-0001-0110
    APU
    2007S04W419000010110

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,795,000
      6.5%
      $3,200,000
      7%
      $2,845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,420,000
      Geo Method
      $2,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,555,000
      Retail
      $3,295,000
      Mixed-Use
      $3,630,000
      Hospitality
      $2,590,000
      Educational
      $3,520,000
      Residential Income
      $3,175,000
      Energy
      $2,870,000
      Income-Based Land
      $3,335,000
      Food Service
      $3,235,000

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.6659
    Latitude
    29.8514

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,749
    $76,296
    $278,104
    $354,400
    -
    $76,296
    $278,104
    $354,400

    Comparable in this City

    • Value Estimation by Request
      1,260 SF

      Carrabelle, FL 32322

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      Carrabelle, FL 32322
      View Details
    • Value Estimation by Request
      1,500 SF

      84 Tallahassee St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      84 Tallahassee St, Carrabelle, FL 32322-3227
      View Details
    • Value Estimation
      $2,790,000
      12,497 SF

      501 Ave A A

      RETAIL STORES (PERSONAL SERVICES) • 12,497 SF
      501 Ave A A, Carrabelle, FL 32322-6611
      View Details
    • Value Estimation
      $160,000
      5,760 SF

      Fitness For Life

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      Fitness For Life, Carrabelle, FL 32322
      View Details
    • Value Estimation
      $215,000
      2,880 SF

      1102 Hwy 98th W

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      1102 Hwy 98th W, Carrabelle, FL 32322-8018
      View Details
    • Value Estimation
      $500,000
      10,496 SF

      U Shaped Bldg Bldg

      RETAIL STORES (PERSONAL SERVICES) • 10,496 SF
      U Shaped Bldg Bldg, Carrabelle, FL 32322
      View Details

    Similar Nearby for Sale

    • $2,746,154
      10,500 SF

      Family Dollar & Tree, Carrabelle, FL

      High-yield retail investment. Strong tenant.
      204 Us-98, Carrabelle, FL 32322
      View Details
    • $275,000
      1,260 SF

      Carrabelle Commercial Space For Sale

      Versatile commercial space suitable for various business ventures.
      410 Avenue B SE, Carrabelle, FL 32322
      View Details
    • $240,000
      0.23 Acres

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      Two commercial lots with existing building, great business opportunity.
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    • $199,000
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      Carrabelle Commercial Lots For Sale

      Five commercial lots in downtown Carrabelle, near shops and restaurants.
      112 Avenue A, Carrabelle, FL 32322
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    • $380,000
      1.61 Acres

      Carrabelle Land Near Carrabelle Harbor

      Commercial parcels near Carrabelle Harbor and Saint George Sound.
      502 Marine St, Carrabelle, FL 32322
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    • $789,000
      7,000 SF

      Historic Carrabelle Commercial Compound

      Beachfront potential, 7000 sqft, 3 apartments
      2390 Oak St, Carrabelle, FL 32322
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    501 St James SE Ave
    Carrabelle, FL 32322-3508
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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
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