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$39,500

  • For Sale
  • Active
  • Lots/Land
  • 0.23 Acres
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Owner financing g considered. Discover the perfect spot for your coastal getaway. This 0.23-acre vacant lot is located in the desirable Thomas Bay area of Carrabelle, offering a peaceful neighborhood setting just minutes from the Gulf of America, white-sand beaches, marinas, and boat ramps. Whether you plan to build a primary residence, vacation home, or investment property, this location provides endless possibilities. Property owners have access to tennis courts, a workout facility, pickleball courts, a swimming pool, and the Bayside facility featuring picnic tables, a fishing pier, and a firepit for cool evenings. St. James Bay is a public golf course, so no membership is required. Enjoy easy access to boating, fishing, and the charming shops and restaurants of Carrabelle, as well as the natural beauty of Florida's Forgotten Coast.

Full Property Details for 394 Royal Tern Way

General

  • Price: $39,500
  • HOA FEE: $40/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $277 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: OK225319
  • Updated: 10/20/2025
  • Added to Site: 383 day(s) ago

Location

  • Area: 32322 - Carrabelle
  • County: Franklin
  • Development Name: 32322 - Carrabelle
  • Subdivision: THOMAS BAY ST
  • Driving Directions: 1-75 toward High Spgs Keep left to stay on FL-20 / W US Highway 27 Keep right to stay on US-319 S / Big Bend Scenic Byway Turn right onto Crooked River Rd

Community

  • Community Name: 32322 - Carrabelle
  • Association: Yes
  • Assoc. Name: St. James Bay Property Owners

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electrical Nearby, Public, Underground Utilities, Water Available

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,184
  • Lot Size: 10184
  • Lot Dimensions: IRR
  • Street/Road Desc.: Paved

Financial Considerations

  • Price Per Acre: $171,739
  • Association Fee: $120
  • Assoc Fee Freq.: Quarterly
  • Assoc Fee Desc.: Required
  • Tax Amount: $277
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: ST JAMES BAY PHASE II PB 8/23 BLOCK E LOT 31 816/429 821/49 1382/273
  • Flood Zone Info: X
  • APN: 0507S03W1001000E0310
  • Property ID: 0507S03W1001000E0310
  • Block/Lot/Section: E

Listed by American Realty Of Psl Llc

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Listing agent

— 394 Royal Tern Way —

  • American Realty Of Psl Llc

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 394 Royal Tern Way

School District:Franklin County School District, Eastpoint, FL
NameGradesDistance
Franklin County Schools Pk-12
1250 U.S. 98, Eastpoint, FL 32328
PK-1218.3 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 394 Royal Tern Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2025
Price Reduced
$39,500
-1%
MLS
6/23/2025
Listed
$39,900
40%
MLS
12/29/2023
Sold
$28,500
—
Public Record
Get Price Alerts and Save Property
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 for 394 Royal Tern Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$274
-1%
$28,500
—
2024
$277
44%
$28,500
14%
2023
$193
34%
$25,000
79%
2021
$144
-25%
$14,000
-44%
2022
$193
34%
$25,000
138%
2021
$144
-1%
$10,500
-9%
2019
$146
-6%
$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
—
$7,200
—
2013
$98
—
$7,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by American Realty Of Psl Llc

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394 Royal Tern Way, Carrabelle, FL 32322 (MLS# OK225319) is a Lots/Land property with a lot size of 0.23 acres. 394 Royal Tern Way is currently listed for $39,500 and was received on June 23, 2025. Want to learn more about 394 Royal Tern Way? Do you have questions about finding other Lots/Land real estate for sale in Carrabelle? You can browse all Carrabelle real estate or contact a Coldwell Banker agent to request more information.

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