Property Attributes
- MLS#328724
- TypeSingle Family
- Listing Status Active
- CountyFranklin
- CityCarrabelle
- AreaCarrabelle
- NeighborhoodKellys Plat
- Zip32322
- StyleFlorida Cottage
- Year Built1945
- Price$ 375,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1440
- Lot Size0.13 Acres
Data Source:
Forgotten Coast REALTOR® Association
Property Description
Rarely does a property like this come available. Situated on an oversized corner lot in the heart of downtown Carrabelle, this versatile property features two matching homes, each offering 720 square feet of heated and cooled living space and approximately 930 square feet under roof, including charming screened front porches. Both residences feature a functional open-concept layout with 2 bedrooms and 1 full bathroom, creating comfortable and efficient living spaces. Extensive updates have already been completed, including standing seam metal roofs, new flooring, fresh interior and exterior paint, and beautifully renovated bathrooms featuring tiled showers and glass shower doors. Currently operating as income-producing long-term rentals, these homes offer immediate cash flow for investors. The location also allows for short-term rentals, providing additional income potential and flexibility for future owners. Adding to the property's uniqueness, it is commercially zoned while having been utilized as residential housing for many years. This zoning creates a variety of possibilities for investors, entrepreneurs, or those seeking a live/work opportunity. Buyers should note that continued residential use will require approval from the City. Whether you're looking to expand your rental portfolio, explore short-term rental opportunities, or capitalize on the property's commercial zoning potential, this one-of-a-kind downtown Carrabelle property deserves a closer look. Showings by appointment only, do not disturb the tenants. Please give 24-48 hour showing request notification.
| Price History | |
|---|---|
| 6/22/2026 | Listed $399,000 |
| 8/13/2026 | 6$375,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric,Ceiling Fan(s) |
| Utilities | Cable Available,Electricity Connected,Internet Available,Sewer Connected,Tap Fee Paid,Water Connected,Private Trash |
| Roof | Metal,Standing Seam |
| Appliances | Cooktop,Electric Oven,Electric Water Heater,Refrigerator |
| Patio/Porch Features | Covered Porch,Front Porch,Screened |
| Architectural Style | Florida Cottage |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1945 |
| Property Subtype | Detached Single Family |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Kellys Plat |
| Garage Y/N | false |
| Full Baths | 2 |
| Status | Active |
| Directions | Headed west on Hwy 98 turn left on to SE 1st Street, property will be on the right-hand side at the intersection of SE 1st Street and E Meridian. |
| City | Carrabelle |
| Zoning Description | City |
| MLS Area | Carrabelle |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5662.8 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Ok to Lease | Short Term Lease |
| MLS Area Minor | Carrabelle |
| Additional Parcels Y/N | false |
| Concessions | No |
| Virtual Tour | https://tour.usamls.net/102104-Se-1St-St-Carrabelle-FL-32322/unbranded |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | BL B LOT 1 KELLYS PLAT FILE NO 59964 |
| LeasableAreaUnits | Square Feet |
Interior Features
| Interior Amenities | Newly Painted,Renovated |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatments,Insulated Windows |
| Fireplace Y/N | false |
| Laundry Features | Washer/Dryer Hookup |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Driveway |
|---|---|
| Lot Features | Corner Lot,Improved Lot,Within 1/2 Mile of Water |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 5662.8 |
| Foundation Details | Slab |
| Building Area Total | 1860 |
| Lot Dimensions | 50 x 113 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating