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Carrabelle, FL Residential Land & Home Lots for Sale

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Carrabelle Multifamily Development Opportunity
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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Riverfront Residential Development Land
Updated: Jul 20
Riverfront Residential Development Land

2039 River Bend Plantation Rd, Carrabelle, FL 32322

$124,900
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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Spacious Carrabelle Lot, No HOA
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 Homesite with Boat Access
Riverfront Homesite with Boat Access

301 Jay Jay Way, Carrabelle, FL 32322

$149,900
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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Riverfront Residential Land Parcel
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
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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Coastal Land with Development Potential
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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Riverfront Land for Single-Family Homes
Riverfront Land for Single-Family Homes

2039 River Bend, Unit 13, Carrabelle, FL 32322

$124,900
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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Carrabelle, FL Land Overlooking Pond
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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Carrabelle Wooded Lot For Sale
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
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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Fairway Recreation Land
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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Carrabelle, FL Vacant Lot
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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8.73 Acre Development Opportunity
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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Carrabelle, FL Vacant Lot
Carrabelle, FL Vacant Lot

116 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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Carrabelle Land with Golf Views
Carrabelle Land with Golf Views

123 Laughing Gull Ln, Carrabelle, FL 32323

$42,500
0.22 AC lot

Residential land with golf course and lake views in Carrabelle.

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Multifamily Development Land Tract
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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St. James Golf Course Land
St. James Golf Course Land

Carrabelle, FL 32322

$65,000
0.20 AC lot

Land on golf course with community amenities and nearby attractions.

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Cleared Residential Development Lot
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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Residential Lot in Carrabelle, FL
Residential Lot in Carrabelle, FL

109 Anhinga Trl, Carrabelle, FL 32323

Contact for pricing
0.14 AC lot

0.14 acre lot with access to community amenities.

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Wooded Residential Homesite Acre Lot
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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Cleared Bay View Lot
Cleared Bay View Lot

164 Royal Tern Way, Carrabelle, FL 32322

$50,000
0.16 AC lot

Vacant lot in St James Bay Golf & Pickleball Resort.

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Single-Family Residential Double Lot
Single-Family Residential Double Lot

1007 Copacetic St, Carrabelle, FL 32322

$45,000
0.23 AC lot

Freshly cleared double lot with utility and power access, zoned for single-family homes including mobile and modular builds.

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Wooded Corner Lot Near Bay
Wooded Corner Lot Near Bay

2478 Florida Ave lot: 11/D/1, Carrabelle, FL 32322

$35,000
0.18 AC lot

Prime lot near bay, close to amenities and beaches.

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

Explore 214 residential land & home lots for sale in Carrabelle, FL, showcased through 214 active listings on our real estate platform. These investment opportunities span a total of 8,645,676 square feet of properties for sale, with an estimated market value of $16,837,900.

Sale prices for home sites in Carrabelle, FL start at $30,000, averaging $96,216, and reaching up to $499,000 — 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

Residential land & home lots 185
Waterfront Land 54
Commercial land 14
Recreation land 3

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
Carrabelle - 32322 $77.3K
Lanark Village - 32323 $81.2K

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)

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