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$775,000
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Property Description
Deep water Gulf access estate offering over 240 feet of Carrabelle River frontage on more than 9 private acres. This exceptional custom built home combines waterfront living, privacy, and convenience with downtown Carrabelle just minutes away and county taxes. The property features a private boat dock with both stationary and floating platforms, perfect for boating, fishing, and enjoying the beautiful river setting. The home offers 3 bedrooms and 3.5 baths with a thoughtful floor plan designed to capture the stunning river views. The primary suite is located on the first floor, while two ensuite bedrooms and a second floor studio or bonus room overlooking the river provide excellent space for guests or additional living areas. Expansive covered and open decking creates the perfect setting for outdoor entertaining and relaxing while taking in the water views. Inside, the home showcases beautiful custom finishes including cedar walls and ceilings, oak plank flooring, exposed pine and oak beams, custom yellow pine interior doors, and rich cherry and black walnut trim throughout. The exterior features low maintenance vinyl siding and a durable standing seam metal roof. This rare waterfront property offers the perfect blend of craftsmanship, privacy, and deep water access to the Gulf.
Full Property Details
Full Property Details for 588 River Rd
General
- Price: $775,000
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 327732
- Updated: 3/17/2026
- Added to Site: 20 day(s) ago
Interior
- Rooms/Areas: Drapes, First Floor, Walk-in Closet(s)
- Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Recessed Lighting, Security System, Walk-In Closet(s), Washer/Dryer Hookup, Window Treatment Some, Woodwork Stained
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator w/Ice Maker, Washer
- Furnishings: Furnished
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Boat Lift, Dock, Pier
- Porch/Patio/Deck: Covered Deck, Enclosed Deck, Front Porch, Rear Porch,
Parking
- Parking Features: Driveway, Under House With Pad
Location
- Area: Carrabelle
- Subdivision: No Named Subdivision
- Driving Directions: From Highway 98, follow River Road and bear right at the Mill Road split. Continue to the Carrabelle
Heating & Cooling
- Cooling Type: Attic Fan, Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: 2+ Story, Beach House, Split Bedroom
- Construction Status: Construction Complete
- Exterior Const.: Vinyl Siding
- Stories/Levels: 2
- Square Feet: 1,906
- Living Area: 1,906 Sq. Ft.
- Year Built: 2002
Unit Information
- Occupancy Rate: Owner
Additional Structures
- Other Structures: Storage, Workshop
Lot Features
- Lot Dimensions: 231 x 1116 x 373 x 628 x 630
- Lot Features: Easements, Flood Insurance Required, Improved Lot, Waterfront, Within 1/2 Mile of Water
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: A PARCEL CONTAINING 9.80 AC M/L IN SEC 18-07S-04W OR 133/505 536/120 586/108 995/31 1091/520 1359/687
- Exclusions: Personal Items and Artwork
- Property ID: 18-07S-04W-0000-0031-0050
Listed by Hill Spooner & Elliott, Inc.
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Schools
Schools serving 588 River Rd
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 | 9.9 mi |
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 13.6 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 588 River Rd
Date
Details
Price
Change
Source
3/14/2026
Listed
$775,000
6.9%
MLS
3/24/2023
Sold
$725,000
—
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 588 River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,669
-2%
$611,205
-1%
2024
$5,782
163%
$616,127
175%
2023
$2,195
-7%
$224,214
—
2021
$2,367
5%
$224,215
—
2022
$2,253
-5%
$224,214
11%
2021
$2,367
1%
$202,225
—
2019
$2,343
-13%
$202,225
-7%
2018
$2,683
-1%
$218,225
-1%
2017
$2,700
1%
$220,500
—
2016
$2,677
3%
$220,500
4%
2015
$2,597
-7%
$213,000
-6%
2014
$2,790
-5%
$226,450
-6%
2013
$2,932
—
$239,900
—
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 588 River Rd
588 River Rd, Carrabelle, FL 32322 (MLS# 327732) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 588 River Rd is currently listed for $775,000 and was received on March 14, 2026. Want to learn more about 588 River Rd? 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.

