2140 Highway 98 W Carrabelle, FL 32322
1
Bed
2
Baths
1,008
Sq Ft
0.44
Acres
Highlights
- Property fronts gulf or ocean
- Open Floorplan
- Cathedral Ceiling
- Bay View
- Deck
- Cottage
About This Home
As of October 2024Here is a rare, golden opportunity to own a waterfront home on the Forgotten Coast for well under $400,000. This charming home sits directly on Apalachee Bay and boasts an expansive open deck featuring panoramic unobstructed views of the Gulf of Mexico. The 0.44-acre lot features 120' of water frontage and is protected by a robust concrete seawall and massive concrete boulders. The inside features an open floorplan, stainless appliances, solid surface countertops, tile flooring and stunning, panoramic views of the Gulf of Mexico and St. George Sound. The layout is currently a 1-bedroom, 2 full bathroom with office floorplan, but with the addition of one wall and one door opening enclosing the office, this little bungalow could easily be 2 bedrooms, each with it's own full en-suite bathroom. This waterfront gem has amazing short-term rental potential. There is no HOA so there are no HOA restrictions, no HOA dues and no limitations on rentals. Municipal water and sewer are provided by the City of Carrabelle. Don't wait to schedule a viewing; this affordable waterfront cozy retreat is a rare opportunity and won't last long. Two additional waterfront lots to the east are also available for $219,000 per lot.
Last Agent to Sell the Property
Beach Properties of Florida License #565281 Listed on: 08/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,198
Year Built
- Built in 1973
Lot Details
- 0.44 Acre Lot
- Property fronts gulf or ocean
- Property Fronts a Bay or Harbor
Parking
- Driveway
Property Views
- Bay
- Gulf
Home Design
- Cottage
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Fireplace
- Utility Room
- Tile Flooring
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Outdoor Features
- Deck
Schools
- Franklin County Middle School
- Franklin County High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Water Heater
Community Details
- Carrabelle Shores Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 12037-35-07S-05W-0000-0140-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2024
Closed on
Oct 4, 2024
Sold by
Martin M Wohl Inc
Bought by
Bone Cory D
Seller's Agent
John Brown
Beach Properties of Florida
Buyer's Agent
John Brown
Beach Properties of Florida
List Price
$349,000
Sold Price
$349,000
Views
207
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,208
Avg. Annual Appreciation
-8.12%
Original Mortgage
$331,550
Outstanding Balance
$329,713
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$1,921
Purchase Details
Closed on
Oct 28, 2020
Sold by
Hardy Ralph Eugene
Bought by
Martin M Wohl Inc
Similar Homes in Carrabelle, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $349,000 | None Listed On Document | |
| Personal Reps Deed | $399,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $331,550 | New Conventional | |
| Previous Owner | $490,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $349,000 | 0.0% | $346 / Sq Ft |
| 08/02/2024 08/02/24 | For Sale | $349,000 | -- | $346 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,198 | $335,594 | $191,670 | $143,924 |
| 2023 | $4,198 | $425,572 | $263,066 | $162,506 |
| 2021 | $4,478 | $419,587 | $272,487 | $147,100 |
| 2020 | $4,347 | $393,921 | $267,487 | $126,434 |
| 2019 | $4,217 | $385,853 | $267,487 | $118,366 |
| 2018 | $3,816 | $307,424 | $0 | $0 |
| 2017 | $1,108 | $124,730 | $0 | $0 |
| 2016 | $1,066 | $122,165 | $0 | $0 |
| 2015 | $1,061 | $121,316 | $0 | $0 |
| 2014 | $1,059 | $120,353 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Brown
Seller's Agent in 2024
John Brown
Beach Properties of Florida
(850) 524-6720
8 in this area
134 Total Sales
Map
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 375574
APN: 35-07S-05W-1007-0000-0010
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