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$445,000
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Property Description
Located in St. James Bay with golf course frontage on the Hole 18 tee box, this 1,842 sq ft home offers 3 bedrooms, 2 bathrooms, an office, and a 2-car garage. Features include a metal roof, Hardie siding, stained pine tongue-and-groove porch ceilings, vinyl plank and tile flooring, granite countertops, and a stainless steel appliance package. Situated in Flood Zone X with no flood insurance required. Utilities include Starlink internet, Duke Energy, and City of Carrabelle water. HOA dues are $120 per quarter. Currently operating as a short-term rental property. Furnishings are not included in the sale price but may be available for purchase separately.
Full Property Details
Full Property Details for 381 Royal Tern Way
General
- Price: $445,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Quarterly
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 328482
- Updated: 5/28/2026
- Added to Site: 54 day(s) ago
Interior
- Rooms/Areas: Walk-in Closet(s)
- Interior Features: Carbon Monoxide Detector, Crown Molding, Kitchen Island, Pantry, Smoke Detector, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator w/Ice Maker
- Furnishings: Negotiable
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered Porch, Rear Porch, Screened
Parking
- Parking Features: Garage Attached
Location
- Area: Carrabelle
- Subdivision: St James Bay
- Driving Directions: South on 319, right into St James Bay on Crooked River Rd, right on Royal Tern Way
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public, Tap Fee Paid
- Utility Description: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Tap Fee Paid, Water Connected
Structural Information
- Architectural Style: Craftsman
- Builder: Golden Construction
- Construction Status: Construction Complete
- Exterior Const.: Frame, HardiPlank Type
- Square Feet: 1,842
- Living Area: 1,842 Sq. Ft.
- Year Built: 2023
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: 75 x 120 x 75 x 120
- Lot Features: Covenants/Restrictions, Improved Lot, Sidewalks
Financial Considerations
- Association Fee: $120
- Assoc Fee Freq.: Quarterly
Disclosures and Reports
- Legal Description: ST JAMES BAY PHASE II PB 8/23 BLOCK F LOT 17 812/497 1335/252
- Property ID: 05-07S-03W-1001-000F-0170
- Block/Lot/Section: Lot 17, Block F
Listed by Golden Properties & Investments, LLC
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Schools
Schools serving 381 Royal Tern 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 | 18.4 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 22.2 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 381 Royal Tern Way
Date
Details
Price
Change
Source
5/28/2026
Listed
$445,000
48.68%
MLS
6/27/2025
Sold
$299,300
—
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 381 Royal Tern Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$324
4%
$38,250
—
2024
$312
23%
$38,250
53%
2023
$254
76%
$25,000
79%
2021
$144
-25%
$14,000
-44%
2022
$193
34%
$25,000
138%
2021
$144
-8%
$10,500
-9%
2019
$157
1%
$11,595
10%
2018
$155
17%
$10,541
—
2017
$132
-1%
$10,500
-12%
2016
$134
3%
$12,000
52%
2015
$130
33%
$7,920
10%
2014
$98
-69%
$7,200
-71%
2013
$315
—
$25,000
—
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 381 Royal Tern Way
381 Royal Tern Way, Carrabelle, FL 32323 (MLS# 328482) is a Single Family property with 3 bedrooms and 2 full bathrooms. 381 Royal Tern Way is currently listed for $445,000 and was received on May 28, 2026. Want to learn more about 381 Royal Tern Way? 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.

