2872 Highway 98 E, Carrabelle, FL 32322
Property image
Property image
OFF MARKET

$556,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,000 sqft (on 0.50 acres)

2872 Highway 98 E, Carrabelle, FL 32322

Est. Refi. Payment $3,514/mo*
Refinance Your Home
Currently Off Market - Sold Apr 1, 2022 for $573,500

Home Value

Trulia Estimate
$556K
Since last month
Decreased$2K (-0.3%)
Since last year
Decreased$148K (-21.5%)
Since last sale
Decreased$34K (-5.9%)
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 decreased by -22% in the last 10 years
MonthEstimated value
2026
September 2026$540K
August 2026$542K
July 2026$529K
June 2026$528K
May 2026$538K
April 2026$521K
March 2026$527K
February 2026$497K
January 2026$469K
2025

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
298 Royal Tern Way, Carrabelle, FL
0.67
Single-Family Home
$450,000
12/18/25
3
2.5
2,190
381 Royal Tern Way, Carrabelle, FL
0.83
Single-Family Home
$445,000
09/14/26
3
2
1,842
381 Royal Tern Way, Carrabelle, FL
0.83
Single-Family Home
$445,000
09/14/26
3
2
1,842
360 Royal Tern Ct, Lanark Village, FL
0.89
Single-Family Home
$385,000
10/14/25
3
2
1,800
332 Royal Tern Ct, Carrabelle, FL
0.83
Single-Family Home
$458,000
06/05/26
4
2
2,172
396 Royal Tern Way, Carrabelle, FL
0.83
Single-Family Home
$400,000
10/30/25
3
2
1,800
2606 US Highway 98 E, Lanark Village, FL
1.25
Single-Family Home
$899,000
03/31/26
4
3
2,902
2606 Highway 98 E, Carrabelle, FL
1.25
Single-Family Home
$899,000
03/31/26
4
3
2,902
2488 Highway 98 E, Carrabelle, FL
1.83
Single-Family Home
$660,000
09/10/26
3
2.5
1,825

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
2872 Highway 98 E #E, Carrabelle, FL 32322
0.00
$459,400
3
2
1,296
Off Market
2893 Highway 98 E, Carrabelle, FL 32322
0.10
$241,200
3
2
1,342
Off Market
128 Royal Tern Way, Carrabelle, FL 32322
0.07
-
-
-
-
Off Market
2866 Highway 98 E #1, Carrabelle, FL 32322
0.06
-
-
-
-
Off Market
127 Royal Tern Way, Carrabelle, FL 32322
0.10
$37,500
-
-
-
For Sale
118 Royal Tern Way, Carrabelle, FL 32322
0.10
$45,000
-
-
-
For Sale
151 Royal Tern Way, Carrabelle, FL 32322
0.15
-
-
-
-
Off Market
2857 Highway 98 E, Carrabelle, FL 32322
0.09
$302,300
2
2
1,344
Off Market
2909 E Highway 98 #1, Lanark Village, FL 32323
0.16
-
-
-
-
Off Market
156 Royal Tern Way, Carrabelle, FL 32322
0.16
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2872 Highway 98 E.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1992
0.5 acre lot
2,000 sqft
$278/sqft
4 Parking Spaces

About this House

Lovely BAYFRONT 3 bed/2 bath home with open concept on .5 acre lot with mature trees for privacy. Watch dolphins play, mullet jump & many species of birds from the expansive covered porch. Kayak, scallop & paddle board right from your own backyard. Great water views from the main living area as well as from a private master suite on the second story. Home is very well maintained & comes partially furnished. Home was renovated in 2016 with new metal roof, windows/ siding & HVAC. New water heater in 2021. Stainless steel & granite kitchen. Elevated storage area with laundry room; additional washer/dryer hookup on main level. Covered area under home features a fish cleaning station & existing hot/cold water lines ready to create your own outdoor shower. Don't miss out on this peaceful escape on the Forgotten Coast close to St. James Bay.
2872 Highway 98 E, Carrabelle, FL 32322 is a 3 bedroom, 2 bathroom, 2,000 sqft single-family home built in 1992. It last sold for $573,500 on Apr 1, 2022 (7% below the $619,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $556,400, with a rent estimate of $2,426/month.
Last check for updates: 19 minutes ago
Listed by Jeff Galloway, (850) 323-1500
Jeff Galloway Real Estate
Bought with: Mathews, Coastal Realty Group - Port St. Joe
Source: Forgotten Coast Realtor Association, MLS#307205

Home Details for 2872 Highway 98 E

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Master Bedroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2000 Square Feet
Appliances & Utilities
Utilities: Water Connected, Tap Fee Paid, Electricity Connected, Private TrashAppliances: Dishwasher, Microwave, Electric Water Heater, Refrigerator w/Ice MakerDishwasherMicrowave
Heating & Cooling
Heating: Fireplace(s)Heating Fuel: Fireplace S
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Pilings
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 4Parking: Under House With Pad
Frontage
WaterfrontWaterfront: Bay, WaterfrontRoad Frontage: County Road, State RoadOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Frontage Length: 100Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Beach House
Building
Construction Materials: Wood SidingNot Attached PropertyNot Habitable Residence
Property Information
Condition: Construction CompleteParcel Number: 0407S03W3151000C0160

Price & Status

Price
List Price: $619,000

Active Status

MLS Status: Sold/Closed

Media

Location

Direction & Address
City: CarrabelleCommunity: St James Island Park

Building

Building Area
Building Area: 2400 Square Feet

Lot Information

Lot Area: 0.50 acres

Listing Info

Special Conditions: As Is

Miscellaneous

Mls Number: 307205Water ViewWater View: Gulf, Bay, Water

Price and Tax history

DateEventPrice
Apr 1, 2022
Source: Forgotten Coast Realtor Association #307205
Sold
$573,500
Feb 2, 2022
Source: Forgotten Coast Realtor Association #307205
Contingent
$619,000
Dec 1, 2021
Source: Forgotten Coast Realtor Association #307205
Listed For Sale
$619,000

Market trends in Carrabelle

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
123
2MoM

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.
  • Catsand228
    "Local boat club, Chilais Hall has lots of events. The American Legion is always rockin. Golf cart parades, local fireworks, festivals. "
    0
    Flag
  • Shellie Hancock
    "Friendly helpful neighbors and always willing to do whatever to meet others needs. Homes were built as officers quarters for WWII"
    0
    Flag
  • Xavianna P.
    "It’s a very kid friendly neighborhood and the beaches are very pet friendly. So many sites to see and sun to soak up. "
    1
    Flag
  • Reese1147
    "A quaint fishing town with southern hospitality. Loads of charm, great restaurants with easy access to rivers and beaches. "
    0
    Flag
  • Carlotta S.
    "Church. Community center. Neighborhood. Friendly. Close nit. Great neighbors. Fishing. Boating. Great restaurants. "
    2
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 2872 Highway 98 E

  • What is 2872 Highway 98 E estimated to be worth?
    Trulia's estimated value for 2872 Highway 98 E in Carrabelle, FL is $556,400.
  • What is the price history for 2872 Highway 98 E?
    2872 Highway 98 E in Carrabelle, FL last sold for $573,500 in April 2022.
  • Is Carrabelle a buyer's or seller's market?
    Carrabelle is currently a buyer's market, based on recent for-sale activity.
  • 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 recently sold homes in Carrabelle, FL.
  • How big is the lot at 2872 Highway 98 E?
    The lot at 2872 Highway 98 E in Carrabelle, FL is about 0.50 acres (21,780 sq ft).
  • Does 2872 Highway 98 E have parking?
    Yes, 2872 Highway 98 E in Carrabelle, FL has on-site parking.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 2872 Highway 98 E

Skip to last item
Skip to first item

Homes for sale near 2872 Highway 98 E

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item