$67,500

273 Royal Tern Way Carrabelle, FL 32322

Lanark Village Neighborhood

Estimated payment $431/month

0.19 Acre
$355,263 Price per Acre
8,276 Sq Ft Lot

Highlights

  • Boat Dock
  • Pickleball Courts
  • Community Gazebo

About This Lot

Beautiful St. James Bay lot with stunning views awaits the construction of your dream home. Perfectly positioned to capture the breathtaking sunsets that define the Forgotten Coast, this well-maintained property with unobstructed golf course views, offers approximately 7,600 sq. ft. of lush, mature trees and is fully ready for building. An $8,000 initiation fee to the St. James Bay Golf & Pickleball Resort transfers to the new owner, adding exceptional value. The resort offers premium amenities, including a renowned championship golf course, brand-new pickleball courts, a state-of-the-art fitness center, and an exceptional restaurant serving breakfast, lunch, and dinner. As a property owner and member of the St. James Bay Property Owners Association, you'll also enjoy access to a scenic and dog friendly bayside park featuring two fishing docks, kayak racks, a fire pit, picnic areas, pavilions, and a secure storage area for boats, trailers, RVs, and other recreational equipment. Short- and long-term rentals are permitted, providing excellent flexibility and investment potential. This is a rare offering—don't miss your chance to own a piece of paradise!

Listing Agent

The Wilson Team

Anchor Realty Florida Brokerage Phone: 8506533333 License #3438417 Listed on: 12/10/2025

Anchor Realty Florida

Co-Listing Agent

Penny Hall

Anchor Realty Florida Brokerage Phone: 8506533333 License #3551115

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 120 x 60
  • Cleared Lot

HOA Fees

  • $40 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0507S03W1000000G0100

Community Details

Overview

  • St James Bay Subdivision
  • The community has rules related to covenants

Amenities

  • Community Gazebo
  • Community Barbecue Grill

Recreation

  • Boat Dock
  • Pickleball Courts
  • Community Playground

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: Start from downtown Carrabelle (near US-98 / central Carrabelle). Head toward the entrance of the St. James Bay community / Golf Resort. The Royal Tern Way area is part of that community. Enter the St. James Bay community and drive along the roads
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.19
  • Lot Size: 120 x 60
  • Road Surface Type: Paved
  • Co List Office Mls Id: 117
  • Co List Office Phone: 850-653-3333
  • Subdivision Name: St James Bay
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Covenants/Restrictions, Sidewalks, Within 1/2 Mile of Water
  • Waterfront: No
  • Disclosures: CC&R, County Zoning

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 120
  • Community Features: BBQ Pit/Grill, Dock, Pavillion/Gazebo, Pickle Ball Court, Playground
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No
  • Parcel #: 0507S03W1000000G0100
  • Zoning Description: Residential Single Family

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $427 $45,000 $45,000 --
2024 $432 $45,000 $45,000 --
2023 $144 $17,000 $17,000 $0
2022 $143 $17,000 $17,000 $0
2021 $132 $14,000 $14,000 $0
2020 $116 $10,500 $10,500 $0
2019 $123 $12,000 $12,000 $0
2018 $96 $7,000 $0 $0
2017 $132 $10,500 $0 $0
2016 $134 $12,000 $0 $0
2015 $130 $12,000 $0 $0
2014 $98 $7,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 For Sale $67,500 +22.7% --
06/20/2023 06/20/23 Sold $55,000 -15.4% $31 / Sq Ft View Prior Sale
03/11/2023 03/11/23 For Sale $65,000 -- $36 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $30,000 None Listed On Document
Deed $55,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $74,000 Dodd Title Company Inc
Source: Public Records

Source: Forgotten Coast REALTOR® Association

MLS Number: 324730

Forgotten Coast REALTOR® Association

APN: 05-07S-03W-1000-000G-0100

Florida Franklin County Carrabelle 32322 Lanark Village

273 Royal Tern Way, Carrabelle, FL

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Listing Agent
The Wilson Team
Section Image
Anchor Realty Florida
(850) 818-3663