NOT LISTED FOR SALE

2140 Highway 98 W Carrabelle, FL 32322

Estimated Value: $358,000 - $411,425

1 Bed
2 Baths
1,008 Sq Ft
$383/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2024

Last sale price $349,000 $346 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,346 / mo

32 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Bay View
  • Vaulted Ceiling
  • Access to Bay or Harbor
  • Deck
  • Cottage

About This Home

As of October 2024

Here 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

John Brown

Beach Properties of Florida License #565281 Listed on: 08/02/2024

Last Buyer's Agent

John Brown

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

  • 19,166 Sq Ft Lot
  • Property fronts gulf or ocean

Parking

  • Driveway

Property Views

  • Bay
  • Gulf

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Utility Room
  • Tile Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • Deck

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Carrabelle Shores Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 12037-35-07S-05W-0000-0140-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Year Built

Built in 1973

Lot Details

0.44 Acres

Listing Details

  • Waterfront: Yes
  • Year Built: 1973
  • Directions: Highway 98 approx 1/2 mile past Carrabelle Beach on water side
  • Elementary School: OTHER COUNTY
  • High School: Franklin County High School
  • PropertySubType: Detached
  • PropertyType: Residential
  • ResoRoadSurfaceType: Paved
  • Appliances: Dishwasher, Stove
  • Subdivision Name: Carrabelle Shores
  • Owner Name: Martin M Wohl Inc
  • Architectural Style: Cottage, One Story
  • Bedrooms: 1
  • ResoBuildingAreaSource: Assessor
  • Fireplace: Yes
  • Reso Interior Features: Tray Ceiling(s), Vaulted Ceiling(s)
  • Reso Parking Features: Driveway
  • Reso Patio And Porch Features: Deck
  • Property Attached Yn: No
  • Reso Room Type: Utility Room
  • Building Stories: 1
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Full Bathrooms: 2
  • Living Area: 1008.0

Exterior Features

  • View: Bay, Gulf
  • Acres: 0.44
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Bay Access, Gulf
  • Home Warranty: No
  • Construction Materials: Vinyl Siding

Utilities

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Franklin County Middle School

Lot Info

  • Parcel Number: 12037-35-07S-05W-0000-0140-0000

Tax Info

  • Tax Annual Amount: 4198.0
  • Tax Block: N/A
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 4, 2024
Sold by
Bought by
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
$385,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,856
Avg. Annual Appreciation
5.87%
Original Mortgage
$331,550
Outstanding Balance
$327,494
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$58,362

Purchase Details

Closed on
Oct 28, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$349,000 None Listed On Document
$399,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $331,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,148 $334,636 $191,670 $142,966
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

  • Section Image
See All Agents

Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 375574

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 35-07S-05W-1007-0000-0010

Your Personal Tour Guide

Ask me questions while you tour the home.