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    Property profile & analytics

    88 Tallahassee St Carrabelle, FL 32322

    • Turn key restaurants
    • 1,430 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 24, 2023
    Location Intelligence
    Property ID
    US18-2947062
    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

    • Carrabelle Junction / Coffee Shop / Breakfast Restaurant

    Property Details for 88 Tallahassee St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,430 SF
    Property type
    Turn key restaurants
    APN
    29-07S-04W-4170-000A-012D
    APU
    2907S04W4170000A012D

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.6646
    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
    $712
    $12,080
    $45,458
    $57,538
    -
    $12,080
    $45,458
    $57,538

    Comparable in this City

    • Value Estimation
      $455,000
      1,466 SF

      Hook Tallys

      RESTAURANT • 1,466 SF
      Hook Tallys, Carrabelle, FL 32322
      View Details
    • Value Estimation
      $295,000
      2,880 SF

      2325 Hwy 98th E

      RESTAURANT • 2,880 SF
      2325 Hwy 98th E, Carrabelle, FL 32322-2218
      View Details
    • Value Estimation by Request
      2,328 SF

      1 Gulf Bch Dr

      RESTAURANT • 2,328 SF
      1 Gulf Bch Dr, Carrabelle, FL 32322-3078
      View Details
    • Value Estimation
      $740,000
      5,217 SF

      275 Timber Is Rd

      RESTAURANT • 5,217 SF
      275 Timber Is Rd, Carrabelle, FL 32322-5075
      View Details
    • Value Estimation by Request
      2,429 SF

      Old Funky Oyster

      RESTAURANT • 2,429 SF
      Old Funky Oyster, Carrabelle, FL 32322
      View Details
    • Value Estimation
      $275,000
      1,752 SF

      201 11th St

      RESTAURANT • 1,752 SF
      201 11th St, Carrabelle, FL 32322-2436
      View Details

    Similar Nearby for Sale

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      0.23 Acres

      Carrabelle Commercial Lots with Building

      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.
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      Carrabelle Commercial Space For Sale

      Versatile commercial space suitable for various business ventures.
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    • $2,746,154
      10,500 SF

      Family Dollar & Tree, Carrabelle, FL

      High-yield retail investment. Strong tenant.
      204 Us-98, 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
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      Historic Carrabelle Commercial Compound

      Beachfront potential, 7000 sqft, 3 apartments
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    88 Tallahassee St
    Carrabelle, FL 32322
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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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