NOT LISTED FOR SALE

Estimated Value: $42,000 - $315,000

0.16 Acre
$1,420,038 Price per Acre
6,970 Sq Ft Lot

Last Sold September 03, 2024

Last sale price $32,000

Est. 610% increase in value since last sale

Current estimated payment $1,206/month

50 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Natural State Vegetation

About This Lot

As of September 2024

Wooded lot on a high ridge in Flood Zone X. No Homeowners Association, only county zoning. Good paved roads. Located three blocks north of the bay in an established neighborhood. Zoned for Single Family Residential, no mobile homes allowed. Manufactured homes are permitted with approval from Franklin County P&Z. Just 10 miles to Carrabelle public beach and 1 mile to a public boat launch. St. George Island is about a 20-minute drive, and the historic town of Apalachicola is about 45 minutes away. This area is perfect for boating and fishing, offering both salt and freshwater opportunities. In addition to excellent fishing, it's surrounded by state forest land, ideal for hunting and wildlife viewing. Public land for private ownership is rapidly disappearing as the state owns most of the land in Franklin County. Don't miss out on this opportunity!

Last Agent to Sell the Property

WANDA ROSE

Coastal Realty Group-Carrabelle Brokerage Phone: 8506971010 License #3036168 Listed on: 06/11/2024

Last Buyer's Agent

Kara Moses

Anchor Realty Florida License #3591825

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 100 x 60
  • Natural State Vegetation
  • Wooded Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gulf Terraces Subdivision

Listing and Financial Details

  • Legal Lot and Block Lot12/Block3/Unit1 / Lot12/Block3/Unit1
  • Assessor Parcel Number 0707S03W312100030120

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: East of Lanark Village, on Hwy 98, turn north on Franklin St. Lot is 3 blocks north. Second lot in from the corner of Palmetto Terrace and Franklin St. See sign
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.16
  • Lot Size: 100 x 60
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Terraces
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Wooded
  • Waterfront: No
  • Disclosures: County Zoning

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Tap Fee Due, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No
  • Parcel #: 0707S03W312100030120
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: Lot12/Block3/Unit1
  • Tax Lot: Lot12/Block3/Unit1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
S & P Construction & Development Llc
Bought by
Mcgee Carol
Current Estimated Value
$227,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$8,448
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$218,758

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 30, 2024
Sold by
Reece Brian S and Reece Amber R
Bought by
S & P Construction & Development Llc
Seller's Agent
WANDA ROSE
Coastal Realty Group-Carrabelle
Buyer's Agent
Kara Moses
Anchor Realty Florida
List Price
$34,000
Sold Price
$32,000
Premium/Discount to List
-$2,000
-5.88%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
331.79%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Colvin Greg S and Colvin Beverly A
Bought by
Reece Brian S and Reece Amber R
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgee Carol $299,000 Hayward Title Group
Mcgee Carol $299,000 Hayward Title Group
S & P Construction & Development Llc $32,000 Hayward Title Group
S & P Construction & Development Llc $32,000 Hayward Title Group
Reece Brian S $20,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Carol $10,000
Closed Mcgee Carol $10,000
Open Mcgee Carol $291,005
Closed Mcgee Carol $291,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $32,000 -5.9% --
08/02/2024 08/02/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $34,000 -- --
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $223 $23,000 $23,000 --
2024 $166 $23,000 $23,000 --
2023 $230 $38,000 $38,000 $0
2021 $170 $22,000 $22,000 $0
2020 $100 $8,000 $8,000 $0
2019 $102 $8,000 $8,000 $0
2018 $108 $8,000 $0 $0
2017 $108 $8,000 $0 $0
2016 $107 $8,000 $0 $0
2015 $102 $8,000 $0 $0
2014 $99 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 317838

Forgotten Coast REALTOR® Association

APN: 07-07S-03W-3121-0003-0120