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$699,000 Just Listed
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Property Description
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 wood piling and front-to-back steel beam foundation is concealed by 6 "pods" which serve as storage/work areas. This clever design provides an open area under the living space for parking and outdoor activities. Magnificent panoramic sunrises from any of the 90+ windows and ever changing views of St. James Bay, Dog and Bird Islands, and the Gulf. This bay 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. A short drive to St. James Bay resort for golfing and dining. 35 minutes to Apalachicola and the beaches of St. George Island. Conveniently located to Crawfordville, Tallahassee, and Tallahassee International Airport.
Full Property Details
Full Property Details for 2488 Hwy 98 E
General
- Price: $699,000
- Taxes: $3,042 (2025)
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 327920
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Blinds, Carpet, Walk-in Closet(s)
- Interior Features: Elevator, Gas Fireplace, Pull Down Stairs, Smoke Detector, Split Bedroom, Storage, Window Treatment All
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Refrigerator w/Ice Maker, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Hardwood, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Boat Hoist, Boat Lift, Boat Slip, Dock, Landscaped, Lawn Pump, Shore Natural, Sprinkler System
- Porch/Patio/Deck: Balcony, Covered Porch
Parking
- Parking Features: Boat, Covered, Driveway, Oversized, Under House With Pad
Location
- Area: Carrabelle
- Subdivision: Gulf Wynn
- Driving Directions: Located on US Highway 98 East in Lanark. One-half mile East of Lanark mkt. Numerical address (2488) is located on the property mail box located on Hwy 98. Turn at the mailbox onto the unpaved driveway and proceed to the house.
Heating & Cooling
- Cooling Type: Central Air, Electric, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Internet Available, Natural Gas Not Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Contemporary, Custom, See Remarks, Split Bedroom
- Construction Status: Construction Complete
- Exterior Const.: See Remarks, Wood Siding
- Stories/Levels: 1
- Square Feet: 1,825
- Living Area: 1,825 Sq. Ft.
- Year Built: 1983
Unit Information
- Occupancy Rate: Owner
Additional Structures
- Other Structures: Yard Building
Lot Features
- Lot Dimensions: 120 x 250
- Frontage: 120
- Lot Features: Boating Access, Recorded Subdivision, Rural Lot, Water View, Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Tax Amount: $3,042
- Tax Year: 2025
- Terms: Cash, Conventional, Qualification Required
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: LOTS 17 AND 18, BLOCK “A", GULF-WYN SUBDIVISION UNIT 1, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 4, PAGE(S) 6A, OF THE PUBLIC RECORDS OF FRANKLIN COUNTY. FLORIDA.
- Exclusions: Sold unfurnished
- Inclusions: Washer, dryer, refrigerator, range, dishwasher
- Flood Zone Info: VE
- Property ID: 12-07S-04W-3140-000A-0018
Listed by St George Island Realty, LLC
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Schools
Schools serving 2488 Hwy 98 E
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 | 16 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 19.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2488 Hwy 98 E
Date
Details
Price
Change
Source
4/02/2026
Listed
$699,000
79.23%
MLS
4/18/2014
Sold
$390,000
—
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 2488 Hwy 98 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,042
2%
$362,263
3%
2024
$2,983
-1%
$352,053
3%
2023
$3,000
-2%
$341,799
6%
2021
$3,049
2%
$322,179
-3%
2022
$2,982
-2%
$331,844
4%
2021
$3,049
-5%
$317,731
2%
2019
$3,196
-6%
$310,587
—
2018
$3,393
—
$310,796
—
2017
$3,378
3%
$310,796
2%
2016
$3,276
—
$304,855
1%
2015
$3,265
7%
$302,736
23%
2014
$3,059
—
$245,131
—
2013
$3,050
—
$246,272
—
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 2488 Hwy 98 E
2488 Hwy 98 E, Carrabelle, FL 32322 (MLS# 327920) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 2488 Hwy 98 E is currently listed for $699,000 and was received on April 02, 2026. Want to learn more about 2488 Hwy 98 E? Do you have questions about finding other Single Family real estate for sale in Carrabelle? You can browse all Carrabelle real estate or contact a Coldwell Banker agent to request more information.

