612 Gray Ave Carrabelle, FL 32322

Attention Investors and Developers! An exceptional opportunity to acquire two parcels totaling 20.05 acres, ideally located blocks from downtown Carrabelle. This property offers excellent development potential with R-5 zoning, permitting a variety of uses including multi-family, single-family attached or detached, manufactured or mobile homes, two-family residences, and group homes (with special exception approval). The land features good elevation with ample space to build within the X-zone, where flood insurance is not required. The development area was mulched approximately three years ago. City water and sewer are available, adding to the property's development appeal. The previous owner had initiated plans to develop the property but was unable to complete them, leaving an outstanding opportunity for a new developer or investor to bring a fresh vision and realize the site's full potential.