NOT LISTED FOR SALE

2140 Hwy 98 W Carrabelle, FL 32322

Estimated Value: $349,419 - $534,000

1 Bed
2 Baths
1,008 Sq Ft
$395/Sq Ft Est. Value

Last Sold October 04, 2024

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

Est. 14% increase in value since last sale

Current estimated payment $2,343/month

21 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Vaulted Ceiling
  • Open Floorplan
  • Newly Painted Property
  • Florida Architecture

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

Brenda Brown

Berkshire Hathaway HomeServices - SGI Brokerage Email: 8509900020, brownteam@bpfla.com License #3434598 Listed on: 08/02/2024

Berkshire Hathaway HomeServices - SGI

Last Buyer's Agent

Brenda Brown

Berkshire Hathaway HomeServices - SGI Brokerage Email: 8509900020, brownteam@bpfla.com License #3434598 Listed on: 08/02/2024

Berkshire Hathaway HomeServices - SGI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 120 x 150 x 104 x 105
  • Property Fronts a Bay or Harbor
  • Property fronts a highway
  • Additional Land
  • Additional Parcels

Property Views

  • Bay
  • Gulf

Home Design

  • Florida Architecture
  • Beach House
  • Newly Painted Property
  • Wood Foundation
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Seawall
  • Bulkhead
  • Deck

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3507S05W100700000010

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: Highway 98 W; home is just west of Carrabelle Beach
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.44
  • Lot Size: 120 x 150 x 104 x 105
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House, Florida
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1973
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Oven, Electric Water Heater
  • Furnished: Unfurnished
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s), Kitchen Island, Newly Painted
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1008

Exterior Features

  • Exterior Features: Bulkhead/Seawall, Shore Seawall
  • Lot Features: Additional Land Available, Boating Access, Flood Insurance Required, Subdivided
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay, Gulf
  • View: Yes
  • Waterfront Features: Bay, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Pilings, Wood
  • Patio And Porch Features: Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected, Private Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Additional Parcels Description: 35-07S-05W-1007-0000-0020 35-07S-05W-1007-0000-003
  • Additional Parcels: Yes
  • Parcel #: 3507S05W100700000010
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

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
Brenda Brown
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Brenda Brown
Berkshire Hathaway HomeServices - SGI
List Price
$349,000
Sold Price
$349,000
Views
8
Current Estimated Value
$398,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,105
Avg. Annual Appreciation
11.01%
Original Mortgage
$331,550
Outstanding Balance
$327,494
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$70,611

Purchase Details

Listed on
May 27, 2020
Closed on
Oct 28, 2020
Sold by
Hardy Ralph Eugene
Bought by
Martin M Wohl Inc
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.36%
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
Bone Cory D $349,000 None Listed On Document
Martin M Wohl Inc $399,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bone Cory D $331,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $349,000 0.0% $346 / Sq Ft
08/02/2024 08/02/24 For Sale $349,000 -12.5% $346 / Sq Ft
11/02/2020 11/02/20 Sold $399,000 0.0% -- View Prior Sale
09/22/2020 09/22/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $399,000 -- --
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 $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

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 318338

Forgotten Coast REALTOR® Association

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