Carrabelle, FL Residential Land & Home Lots for Sale

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Updated: May 11

Carrabelle Multifamily Development Opportunity

902 Gray Ave, Carrabelle, FL 32322

$499,000

21.30 AC lot

Large 21.3‑acre parcel zoned for multifamily development within Carrabelle city limits.
Potential for up to 15 units per buildable acre, offering significant development density.
City water and sewer available along Gray Ave, simplifying utility connections.
Minutes from marinas, boat ramps, and Carrabelle's downtown waterfront.
Preliminary plats drafted for the cleared section, providing a starting point for development planning.

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Updated: Jul 20

Riverfront Residential Development Land

2039 River Bend Plantation Rd, Carrabelle, FL 32322

$150,000

5.57 AC lot

5.57‑acre riverfront parcel with approximately 432 ft of Crooked River frontage
Zoned for single‑family homes and mobile homes
Electricity already connected on site; well needed; septic needed
Survey and Florida Department of Health septic site evaluation available, including wetlands line and proposed homesite/septic location
Lightly wooded with mature trees and a cleared area; timber walking path started

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Waterfront Homesite Land

3206 Hwy 98 E, Carrabelle, FL 32323

$199,900

0.68 AC lot

A cleared waterfront homesite with substantial frontage and utility confirmation for straightforward planning in a coastal setting.

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Riverfront Land for Single-Family Homes

2039 River Bend, Unit 13, Carrabelle, FL 32322

$150,000

5.57 AC lot

Riverfront parcel with approximately 432 feet of Crooked River frontage, lightly wooded with a cleared area and electricity on site.

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Spacious Carrabelle Lot, No HOA

332 Frank Mckamey Way, Carrabelle, FL 32322

$129,700

2.47 AC lot

2.47-acre lot near Carrabelle beach, city utilities available.

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Riverfront Residential Land Parcel

Xx20 Mill Road, Carrabelle, FL 32322

$295,000

1.00 AC lot

1-acre New River lot with riverfront access feeding to the Carrabelle River and Gulf for fishing and paddling.

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Bayfront Lot in Carrabelle, FL

2170 Hwy 98 E, Carrabelle, FL 32323

$320,000

1.00 AC lot

Bayfront lot with 100 feet of direct bay frontage.

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Riverfront Homesite with Boat Access

301 Jay Jay Way, Carrabelle, FL 32322

$159,900

3.64 AC lot

Partially cleared riverfront lot with over 75 feet of frontage and direct water access for recreational use.

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Coastal Land with Development Potential

2447 Hwy 98 W, Carrabelle, FL 32322

$98,500

0.78 AC lot

0.78-acre homesite near beaches, offering privacy and flexibility.

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Carrabelle, FL Land Overlooking Pond

171 Royal Tern Way, Carrabelle, FL 32323

$55,000

0.22 AC lot

High and dry lot with potential bay view.

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Deep-Water Riverfront Homesite

150 New River Lane, Carrabelle, FL 32322

$184,000

1.00 AC lot

Partially cleared 1-acre deep-water riverfront lot with an installed driveway and access to the Carrabelle River.

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Waterfront Homesite with Pond

230 Lake Pristine Cir, Carrabelle, FL 32322

$45,000

1.00 AC lot

A waterfront homesite in a private Carrabelle subdivision with pond frontage, water available, and septic needed.

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Carrabelle Wooded Lot For Sale

134 Timber Ln lot: 23, Carrabelle, FL 32322

$95,000

1.00 AC lot

Wooded lot in upscale subdivision near boat launch and beaches.

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Spacious Lot Near Carrabelle Beach

332 Frank McKamey Way, Carrabelle, FL 32322

$129,700

2.47 AC lot

2.47-acre lot near Carrabelle's beach with no HOA.

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Residential Lot at Community Cul-de-Sac

134 Spoonbill Ct, Carrabelle, FL 32323

$40,000

0.16 AC lot

Residential lot with utilities available and end-of-community location within a flood zone where flood insurance is not required.

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Golf Course Lot with Views

423 Royal Tern Way, Carrabelle, FL 32323

$49,000

0.21 AC lot

Residential lot in Carrabelle overlooks the 18th fairway and is part of St. James Bay & Resort community amenities.

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8.73 Acre Development Opportunity

2667 Hwy 98 W, Carrabelle, FL 32322

$449,000

8.73 AC lot

8.73 acre parcel near the bay for development.

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Waterfront Golf Course Lot

160 Anhinga Trl, Carrabelle, FL 32323

$40,000

0.13 AC lot

Buildable lot overlooking a golf course and Lake #5 within an X flood zone.

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Multifamily Development Land Tract

1212 Gray Avenue, Carrabelle, FL 32322

$499,000

61.50 AC lot

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

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Fairway Recreation Land

126 Anhinga Trl lot: 8/S/Phase Ii, Carrabelle, FL 32323

Contact for pricing

0.14 AC lot

Buildable recreational parcel within a golf and pickleball resort offering coastal amenities and access to outdoor activities.

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Cleared Residential Development Lot

302 Frank McKamey Way, Carrabelle, FL 32322

$99,000

1.00 AC lot

One-acre lot with planted grass, utilities in place, and flood zone X designation.

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Carrabelle, FL Vacant Lot

118 Royal Tern Way, Carrabelle, FL 32322

$45,000

0.22 AC lot

Vacant lot in St James Bay Golf & Pickleball Resort.

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Wooded Residential Homesite Acre Lot

1931 Cape St, Carrabelle, FL 32322

$55,000

1.00 AC lot

Wooded 1-acre homesite with about 112 feet of paved road frontage on Cape Street and R-2 zoning.

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Land, Carrabelle, FL

2648-64 Oak St, Carrabelle, FL 32322

$650,000

4.00 AC lot

Single family properties · 4.00 Acres

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Carrabelle, FL Residential Land & Home Lots Market Trends and Statistics

Explore 241 residential land & home lots for sale in Carrabelle, FL, showcased through 241 active listings on our real estate platform. These investment opportunities span a total of 9,122,231 square feet of properties for sale, with an estimated market value of $18,765,798.

Sale prices for home sites in Carrabelle, FL start at $30,000, averaging $93,828, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 4,348

Population Growth (5Y) +4.7%

Median Household Income $58,030

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Carrabelle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Lanark Village - 32323	$75.1K
Carrabelle - 32322	$75.9K

Taxes & Financing

Tax Rate (average for all types) 1.32%

Property Tax per SF $22.56 per SF

Tax Rate vs County Average 0.13 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

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