1212 Gray Ave
Carrabelle, FL 32322
(on 61.50 acres)
Local Information
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Description
Exceptional development opportunity in the heart of Carrabelle, Florida. This 61.5-acre parcel, offers a rare chance to acquire a large scale tract zoned for multifamily use within city limits, with guidance from the City of Carrabelle indicating the potential for up to 15 units per buildable acre. Preliminary plats have been drafted for the far west cleared section, with city water and sewer available along Gray Ave., providing a strong foundation for future development. With no existing infrastructure in place, the property offers a blank slate for a developer to design and execute a vision from the ground up. Opportunities of this scale, zoning, and location are increasingly limited in our area. This parcel is ideally positioned just minutes from local marinas, public boat ramps, and Carrabelle's downtown waterfront district, this location blends convenience with the laid-back coastal lifestyle that continues to attract both full-time residents and second-home buyers to the Forgotten Coast. Buyer to verify all measurements, zoning, density, and development potential with the City of Carrabelle. Additional documentation available upon request.
Home Highlights
Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
9 days ago
Home Details for 1212 Gray Ave
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Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Sewer Available, Water Available |
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Frontage Not on Waterfront |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: 9 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 2007S04W415000100000 |
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Price List Price: $499,000 |
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MLS Status: Active |
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Direction & Address City: CarrabelleCommunity: No Named Subdivision |
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Listing Agent Listing ID: 328155 |
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Lot Area: 61.5 Acres |
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Mls Number: 328155 |
Last check for updates: about 5 hours ago
Listing courtesy of Lacey Martina, (334) 723-6799
Naumann Group Real Estate, Inc. - SGI
Source: Forgotten Coast Realtor Association, MLS#328155
Also Listed on Forgotten Coast Realtor Association.
Price History for 1212 Gray Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/27/2026 | $499,000 | Listed For Sale | Forgotten Coast Realtor Association #328155 |
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Comparable Sales for 1212 Gray Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Lot/Land | $175,000 | 11/20/25 | - | - | ||
0.51 | Lot/Land | $17,500 | 04/10/26 | - | - | ||
0.51 | Lot/Land | $8,000 | 07/10/25 | - | - | ||
0.51 | Lot/Land | $19,000 | 03/25/26 | - | - | ||
0.53 | Lot/Land | $6,500 | 12/08/25 | - | - | ||
0.54 | Lot/Land | $25,000 | 04/10/26 | - | - | ||
0.54 | Lot/Land | $24,000 | 04/10/26 | - | - | ||
0.54 | Lot/Land | $6,500 | 12/05/25 | - | - | ||
0.56 | Lot/Land | $16,500 | 11/12/25 | - | - | ||
0.56 | Lot/Land | $18,500 | 03/18/26 | - | - |
Assigned Schools
These are the assigned schools for 1212 Gray Ave.
- Franklin County Schools Pk-12
- PK-12
- Public
- 814 Students
2/10GreatSchools RatingParent Rating AverageHave 2 students who attend school there. The academics or lack there of are embarrassing at . The administration lies as opposed to dealing with the actual issues. The staff turnover has to be one of the highest in the state and the lack of certified teachers is alarming. They do a lot of things wrong and it appears they are aware and don’t care. If you want your child to succeed at college and in life Franklin County isn’t going to provide them the skills they need.Parent Review2y ago - Franklin Virtual Instruction Program
- K-12
- Public
NAGreatSchools RatingParent Rating AverageThis school is powered by K-12 and is a great, advanced option for public school at home. The curriculum is challenging and thorough for my kids and I highly recommend this alternative to parents that want to excel.Parent Review9y ago 
Check out schools near 1212 Gray Ave.
What Locals Say about Carrabelle
At least 14 Trulia users voted on each feature.
95 % Say there's wildlife
87 % Say parking is easy
79 % Say car is needed
74 % Say yards are well-kept
71 % Say it's dog friendly
68 % Say neighbors are friendly
67 % Say it's quiet
65 % Say people would walk alone at night
58 % Say they plan to stay for at least 5 years
50 % Say it's walkable to restaurants
47 % Say kids play outside
44 % Say there are community events
41 % Say it's walkable to grocery stores
40 % Say streets are well-lit
35 % Say there are sidewalks
33 % Say there's holiday spirit
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lacey Martina, Naumann Group Real Estate, Inc. - SGI
Agent Phone: (334) 723-6799
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.
1212 Gray Ave, Carrabelle, FL 32322 is a lot/land. This property is currently available for sale and was listed by Forgotten Coast Realtor Association on Apr 27, 2026. The MLS # for this home is MLS# 328155.