2488 Highway 98 E
Carrabelle, FL 32322
3 Beds
2.5 Baths
1,825 sqft (on 0.69 acres)
3 Beds
2.5 Baths
1,825 sqft
(on 0.69 acres)
Home Highlights
Parking
Open Parking
Outdoor
Porch
Price/Sqft
$383
Listed
140 days ago
Climate Control
Heat Pump & Heat Pump
Local Information
- Map ViewExplore the area around 2488 Highway 98 E.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
- Shop & Eat
-- mins to
About this House
Bay-front coastal home with dock. Located off the beaten path in coastal Franklin county, this well-maintained custom home offers relaxing bay front living with fishing and boating access at an affordable price-point. Once featured in Southern Living magazine as an example of a uniquely designed option to typical water front homes. The front-to-back "steel beam on cement block foundation" is concealed by 6 "pods" which function as storage/work areas. This clever design provides an open area under the living space for car and boat parking and outdoor events and activities. Magnificent panoramic sunrises from any of the 90+ windows and ever changing views of St. James Bay, Dog and Bird Island. This unique bay-front front home has a well-maintained easy access private dock (180' boardwalk & 20'x12' dock) with boat lift (4500 lb. capacity). Fish and crab right from your dock or head out into world class fishing waters on your schedule. The St. James Island home straddles two lots providing added privacy and seclusion from neighbors and roadways. An irrigation system with its own private well on the property ensures the mature native plantings including azaleas (wild and propagated), camelias, figs, hurricane and varieties of lilies, coontie palms, and loquats) remain healthy, happy, and enjoyable. Ample room in the 6 ground-level enclosed storage pods for fishing, crabbing, gardening gear, bikes, kayaks, maintenance equipment, and hobbies. Additional storage available in the garden/well pump shed. Convenient ground level elevator access. Public (City of Carrabelle) water and sewage. Vent free gas fireplace. A short drive to St. James Bay Golf and Pickleball Resort. 35 minutes to Apalachicola and the beaches of St. George Island. Conveniently located to Crawfordville, Tallahassee, and Tallahassee International Airport. Showings by appointment only and a determination of creditworthiness. Sold unfurnished.
Last check for updates: about 18 hours ago
Listing courtesy of Michael Billings, (850) 228-8100
St George Island Realty, LLC
Source: Forgotten Coast Realtor Association, MLS#327920
Also Listed on Forgotten Coast Realtor Association.
Home Details for 2488 Highway 98 E
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Interior Details Number of Rooms: 1Types of Rooms: Master Bedroom |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1825 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Internet Available, Natural Gas Not Available, Sewer Connected, Water Connected, Private TrashAppliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Refrigerator w/Ice MakerDishwasherDisposalMicrowaveRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Fireplace & Spa Has a Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Window TreatmentsFlooring: Carpet, Hardwood, Linoleum |
Levels, Entrance, & Accessibility Stories: 1Levels: 1ElevatorFloors: Carpet, Hardwood, Linoleum |
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Exterior Home Features Roof: Pitched Standing SeamPatio / Porch: Covered PorchOther Structures: Yard BuildingExterior: Boat Hoist, Boat Lift, Boat Slip, Dock, Lawn Pump, Shore Natural, BalconyFoundation: Block, Other |
Parking & Garage Other Parking: BoatNo CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Boat,Covered,Driveway,Oversized,Under House With Pad |
Frontage WaterfrontWaterfront: Waterfront, BayOn Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Frontage Length: 240Not Allowed to Raise Horses |
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Days on Market: 140 |
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Year Built Year Built: 1983Year Renovated: 1983 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary,Custom,See Remarks |
Building Construction Materials: See Remarks, Wood SidingNot Attached PropertyNot Habitable Residence |
Property Information Condition: Construction CompleteNot Included in Sale: Sold unfurnishedIncluded in Sale: Washer, dryer, refrigerator, range, dishwasherParcel Number: 1207S04W3140000A0018 |
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Price List Price: $699,000Price Per Sqft: $383 |
Status Change & Dates Possession Timing: Close Of Escrow, Negotiable |
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MLS Status: Contingent |
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Direction & Address City: CarrabelleCommunity: Gulf Wynn |
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Listing Agent Listing ID: 327920 |
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Building Area Building Area: 3073 Square Feet |
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Lot Area: 0.69 acres |
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Special Conditions: As Is |
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Listing Terms: Cash, Conventional, Qualification Required |
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Mls Number: 327920Zillow Contingency Status: Accepting Back-up OffersAttic: Pull Down StairsWater ViewWater View: Bay, Water |
Around this home
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
Sourced by Trulia users. Learn more about our methodology.
Market trends in Carrabelle
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
121
3MoM
Home Value
Trulia Estimate
$644KSince last month
Decreased$3K (-0.4%)Since last year
Decreased$62K (-8.8%)Since last sale
Increased$253K (+64.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +33% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $643K |
| July 2026 | $645K |
| June 2026 | $642K |
| May 2026 | $651K |
| April 2026 | $658K |
| March 2026 | $780K |
| February 2026 | $695K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $312,000 | 03/26/26 | 3 | 2 | 1,519 | |
0.18 | Single-Family Home | $225,000 | 08/05/26 | 4 | 2 | 1,696 | |
0.45 | Single-Family Home | $560,000 | 06/15/26 | 3 | 2 | 1,848 | |
0.74 | Single-Family Home | $325,000 | 11/04/25 | 3 | 3 | 1,320 | |
0.29 | Single-Family Home | $125,000 | 08/06/26 | 3 | 2 | 1,032 | |
0.58 | Single-Family Home | $899,000 | 03/31/26 | 4 | 3 | 2,902 | |
0.58 | Single-Family Home | $899,000 | 03/31/26 | 4 | 3 | 2,902 | |
0.26 | Single-Family Home | $239,900 | 01/29/26 | 3 | 1 | 1,008 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | - | - | - | - | Off Market | |
0.01 | $613,400 | 2 | 2 | 1,050 | Off Market | |
0.08 | $328,900 | 2 | 2 | 1,465 | Off Market | |
0.02 | $799,000 | 3 | 2 | 1,600 | For Sale | |
0.10 | $419,600 | 3 | 2 | 1,728 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | $95,000 | - | - | - | For Sale | |
0.16 | $263,000 | 3 | 2 | 990 | Off Market | |
0.13 | $312,000 | 3 | 2 | 1,519 | Recently Sold | |
0.15 | $321,500 | 3 | 2 | 1,424 | Off Market | |
0.13 | $35,000 | - | - | - | For Sale | |
0.15 | $286,500 | 3 | 2 | 1,424 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 2, 2026 Source: Forgotten Coast Realtor Association #327920 | Listed For Sale | $699,000 |
Sep 17, 2025 Source: TBR #382100 | ListingRemoved | $760,000 |
Feb 18, 2025 Source: TBR #382100 | Listed For Sale | $760,000 |
Apr 23, 2014 Source: N/A | Sold | $390,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,936 | $533,790 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Billings, St George Island Realty, LLC
Agent Phone: (850) 228-8100
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.
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Frequently asked questions about 2488 Highway 98 E
- What is the estimated monthly payment for 2488 Highway 98 E?Based on a $699,000 list price with 20% down at today's rates, the estimated monthly payment for 2488 Highway 98 E in Carrabelle, FL is approximately $4,330 (about $3,632 principal & interest, $623 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Carrabelle?Residents describe Carrabelle, FL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Carrabelle, FL.
- What are the closest schools to 2488 Highway 98 E?The closest schools to 2488 Highway 98 E in Carrabelle, FL are Franklin County Schools Pk-12 (K-12, rated 2/10), Franklin Virtual Instruction Program (Elementary/Middle/High).
- What is 2488 Highway 98 E estimated to be worth?Trulia's estimated value for 2488 Highway 98 E in Carrabelle, FL is $644,100.
- Does 2488 Highway 98 E have air conditioning?Yes, 2488 Highway 98 E in Carrabelle, FL has air conditioning.
- Does 2488 Highway 98 E have laundry facilities?Yes, 2488 Highway 98 E in Carrabelle, FL has laundry facilities.
2488 Highway 98 E, Carrabelle, FL 32322 is a 3 bedroom, 3 bathroom, 1,825 sqft single-family home built in 1983. This property is currently available for sale and was listed by Forgotten Coast Realtor Association on Apr 2, 2026. The MLS # for this home is MLS# 327920.