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$40,000 Just Listed
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Property Description
Discover the ideal setting for your coastal home on this desirable lot in the heart of Lanark Village. With the shoreline less than a block away, you'll enjoy effortless access to the water and the relaxed pace of coastal living. This location is perfect for building a full-time residence or an easily accessible vacation retreat. Imagine waking up or unwinding in the evening to beautiful water views from your new home! Just 4 miles west, the city of Carrabelle offers great dining, a vibrant Marine Street commercial district, convenient boating access, and beautiful beaches. You're also only 20 minutes from the award-winning beaches of St. George Island and 45 minutes from the historic charm of Apalachicola. This property places you at the center of everything that makes the Forgotten Coast such a unique and treasured community.
Full Property Details
Full Property Details for 138 Illinois St
General
- Price: $40,000
- Taxes: $190 (2024)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 785302
- Updated: 2/15/2026
- Added to Site: 5 day(s) ago
Location
- County: Franklin
- Subdivision: Other
- Driving Directions: From Highway 98, Turn onto Illinois Street, Lot located on the left.
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Community
- Community Name: 18 - Franklin County
Utilities
- Sewer: Septic Needed
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: .12
- Lot Dimensions: 50 x 100 x 50 x 100
Financial Considerations
- Tax Amount: $190
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIT 1 BL O LOT 29 LANARK BCH OR 112/531 179/16 451/344 451/345 668/789 764/148 849/129 1407/544
- Property ID: 14-07S-04W-3131-000O-0290
Listed by 850 Hometown Realty
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Schools
Schools serving 138 Illinois St
School District:Franklin County School District, Eastpoint, FL
| Name | Grades | Distance |
|---|---|---|
Franklin County Schools Pk-12 1250 U.S. 98, Eastpoint, FL 32328 | PK-12 | 15.1 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 18.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 Illinois St
Date
Details
Price
Change
Source
2/15/2026
Listed
$40,000
100%
MLS
12/20/2024
Sold
$20,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 138 Illinois St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$230
21%
$23,800
-4%
2024
$190
1%
$24,800
—
2023
$189
17%
$24,800
39%
2021
$161
-15%
$17,800
-28%
2022
$189
17%
$24,800
148%
2021
$161
49%
$10,000
18%
2019
$108
-5%
$8,500
—
2018
$114
—
$8,500
—
2017
$114
1%
$8,500
—
2016
$113
—
$8,500
—
2015
$113
-1%
$8,500
—
2014
$114
-27%
$8,500
-29%
2013
$156
—
$12,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 138 Illinois St
138 Illinois Street, Carrabelle, FL 32322 (MLS# 785302) is a Land Residential property with a lot size of 0.12 acres. 138 Illinois Street is currently listed for $40,000 and was received on February 15, 2026. Want to learn more about 138 Illinois Street? Do you have questions about finding other Land Residential real estate for sale in Carrabelle? You can browse all Carrabelle real estate or contact a Coldwell Banker agent to request more information.

