2526 Palmetto Terrace Carrabelle, FL $ 155,000
2526 Palmetto Terrace
$ 155,000
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2526 Palmetto Terrace

Carrabelle, FL, 32322
$ 155,000
Bedrooms3 Baths2.0 Sq 1,032

Monthly Estimate*

$ 954

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Single Family Home for sale in Carrabelle, FL

for $155,000 with 3 bedrooms and 2 full baths. This 1,032 square foot home was built in 1960 on a lot size of 0.23.

This 3-bedroom, 2-bath 1960 cottage offers a simple, comfortable coastal retreat on a quiet paved street. Just minutes from the Lanark Marina and the beauty of the Forgotten Coast, it works well as a full-time home, a weekend getaway, or an investment rental. It has served as a steady long-term rental for several years and is now vacant and sold as-is, giving the next owner a chance to update and add value. The interior has been freshly painted and the old carpet removed, giving the home a cleaner starting point. The living room’s original hardwood floors add character, while the master features vinyl plank for easy maintenance. The secondary bedrooms still have their existing linoleum, offering an opportunity for the new owner to choose the flooring style they prefer. The main bathroom renovation was started and will need finishing, and the laundry room includes an added full bath with a stand-up shower. The home sits high and dry with city water and sewer. Outside, the fenced backyard offers room to enjoy the outdoors, along with a two-story playhouse that can serve as a fun spot for kids or additional storage. With its coastal location, rental history, and as-is pricing, this cottage is ready for your updates and personal touch.

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Single Family Active

Price

$ 155,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Cottage,One Story

Lot Size

0.23

Year Built

1960

Town/City

Carrabelle

County/Region

Franklin

MLS | Web ID

397003

Features
General
Living Area 1032.0
Cooling CeilingFans WallWindowUnits
Appliances Oven
HOA Fee 0.0
Patio/Porch Features Covered Porch
Architectural Style Cottage OneStory
Construction Materials VinylSiding
Year Built 1960
View None
Stories Count 1
Property Subtype Detached
County Franklin
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Gulf Terrace
Garage Y/N N
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Hwy 98 to Franklin St then right on Palmetto Terrace; home on right.
High School Franklin County High School
City Carrabelle
Senior Community Y/N N
MLS Area Franklin
Carport Y/N N
Listing Terms Conventional FHA Other
Elementary School OTHER COUNTY
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Franklin County Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 10
Property Sub Type Additional Detached SingleFamilyResidence
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Exterior
Fencing Partial
Parking Features Driveway
Spa N
Building Area Total 1032.0
Lot Dimensions 170'x60'x170'x60'
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Total Bedrooms 3
Total Baths 2
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Internal Only
Street Number 1 2526
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* Excluded Features
List By
Coastwise Realty

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Monthly Principal & Interest
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571023 Elementary School
3570944 Middle School
Franklin County High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$155,000 Listed Price

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2526 Palmetto Terrace, Carrabelle, FL, 32322 is a Single Family Home for sale at $155,000 with 1,032 sqft and a lot size of 0.23. 2526 Palmetto Terrace has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 32322 which is in Carrabelle, FL