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$425,000
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Property Description
Nestled in the tranquil St. James Bay Golf Resort in Franklin County, FL, this 1,685 sq ft top-floor corner penthouse offers a rare opportunity for both lifestyle and investment. With 3 spacious bedrooms-each with its own ensuite bath-and a smart layout featuring two king suites and a bunk room with four twins, comfort and privacy abound. The condo pays playful tribute to the classic comedy Caddyshack with charming golf-themed decor. An open-concept living area flows seamlessly into the kitchen and dining spaces, all framed by large windows and a private balcony overlooking the 18th hole of the Audubon Signature Sanctuary golf course. As the original developer's personal unit, this residence includes upgraded finishes and design features not found in other units. Enjoy truly unobstructed views of the golf course and surrounding landscape-a rare perk even within the resort. Amenities include a dedicated condo pool, ample guest parking, and boat storage. Two exterior storage units convey: one on the 3rd floor and one in the parking garage. Resort memberships are optional and provide access to tennis, pickleball, a gym, and more. The on-site Crooked River Grill & Bar is just steps away. Located minutes from Carrabelle and within easy reach of Eastpoint, Apalachicola, and St. George Island, this fully turnkey unit is ideal as a primary residence, second home, or rental. Furnishings are negotiable. A separate Master Association ($120/quarter) maintains grounds, a bayside park with dock, pavilion, fire pits, kayak storage, and more. Cable and internet are required ($148/month). Any special assessments will be paid prior to or at closing. All measurements should be verified.
Full Property Details
Full Property Details for 331 Eagles Way
General
- Price: $425,000
- HOA FEE: $544/month
- Status: Active
- Type: Condo
- Source: 933
- MLS ID: 322484
- Updated: 8/19/2025
- Added to Site: 189 day(s) ago
Interior
- Interior Features: Ceiling Crown Molding, Fire Alarm/Sprinkler System, Lock Out Closet, Newly Painted, Plantation Shutters, Shelving, Smoke Detector, Walk-in Closet, Window Treatment All
- Appliances: Clothes Dryer, Clothes Washer, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven Double, Oven Wall, Refrigerator w/Ice Maker, Water Heater Electric
- Furnishings: Negotiable
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: In Ground, Gunite/Concrete
Exterior
- Exterior Features: Dumpster, Landscaped, Shower
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Boat, Covered, Space/Unit
Location
- Area: Carrabelle
- Subdivision: St James Bay
- Driving Directions: From entrance of St. James Golf Resort, take the first right onto Royal Tern Way. Just over a mile in take a left on Eagles Way and pull through the gate (no code needed). Pull straight ahead to the first condo building. Elevator to 3rd floor, turn R
Community
- Assoc. Fees Include: Accounting, Insurance, Legal, Licenses/Permits, Management, Maintenance Exterior, Maintenance Grounds, Outdoor Lights, Reserve Fund, Trash
Heating & Cooling
- Cooling Type: Central Electric, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Community Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Condo
- Construction Status: Construction Complete
- Exterior Const.: Block, Frame, HardiPlank Type, Vinyl Siding
- Square Feet: 1,666
- Living Area: 1,666 Sq. Ft.
- Year Built: 2006
Unit Information
- Occupancy Rate: Owner
Lot Features
- Lot Dimensions: 0 x 0
- Lot Features: Covenants/Restrictions
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $544
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: RESIDENCES AT ST JAMES BAY LTD BUILDING 3 UNIT 331 ALL A PART OF BLOCK U ST JAMES BAY SUB. OR 889/727 903/660 1200/225 1206/268 1309/624 1346/52
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Schools
Schools serving 331 Eagles Way
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 | 18.2 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 331 Eagles Way
Date
Details
Price
Change
Source
8/19/2025
Price Increased
$425,000
6.25%
MLS
7/10/2025
Listed
$399,999
6.67%
MLS
9/08/2022
Sold
$375,000
—
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 331 Eagles Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,466
1%
$261,001
—
2024
$2,430
8%
$261,001
16%
2023
$2,252
-3%
$225,911
—
2022
$2,310
—
$225,911
6%
2021
$2,308
-8%
$213,916
—
2019
$2,518
-6%
$213,916
—
2018
$2,670
40%
$213,916
41%
2017
$1,903
1%
$151,940
—
2016
$1,887
—
$151,940
—
2015
$1,896
-1%
$151,940
—
2014
$1,915
1%
$151,940
—
2013
$1,901
—
$151,940
—
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 331 Eagles Way
331 Eagles Way, Carrabelle, FL 32322 (MLS# 322484) is a Condo property with 3 bedrooms and 3 full bathrooms. 331 Eagles Way is currently listed for $425,000 and was received on July 10, 2025. Want to learn more about 331 Eagles Way? Do you have questions about finding other Condo real estate for sale in Carrabelle? You can browse all Carrabelle real estate or contact a Coldwell Banker agent to request more information.

