For SaleNeutral Deal182 days on market
2248 Highway 98 E
2248 Highway 98 E, Carrabelle, FL 32322, Carrabelle, FL 32322
$699,900
Listing Price
2248 Highway 98 E, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
182
Tax Assessed
$348k
Lot Size
9,235 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Franklin County Schools Pk-12
PK-12
14.9 mi away
N/A
Franklin Virtual Instruction Program
K-12
18.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
coastalstilted homebeach houseelevated structurewaterfront propertyvertical wood sidingexterior staircaseopen ground floorvacation rentalliminal spacevibrant green colorbay viewbreezewaystilt house
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.30%
Total ROI
95.9%
Cash Flow
$45/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $45/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Carrabelle
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-03-26 | Listed for sale | $699,900 | $602 |
| 2022-08-12 | Sold | $535,000 | $460 |
| 2022-06-22 | Contingent | $475,000 | $409 |
| 2022-06-17 | Listed for sale | $475,000 | $409 |
| 2019-05-24 | Sold | $257,500 | $222 |
| 2019-03-19 | Pending sale | $279,000 | $240 |
| 2019-03-12 | Price change | $279,000 | $240 |
| 2019-01-15 | Listed for sale | $295,000 | $254 |
| 2015-10-08 | Listing removed | $310,000 | $267 |
| 2015-09-02 | Price change | $310,000 | $267 |
| 2015-04-29 | Price change | $319,000 | $275 |
| 2014-10-12 | Listed for sale | $329,000 | $283 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $3,312.31 | $348,240 |
| 2023 | $3,199.33 | $323,138 |
| 2022 | $2,847.94 | $266,619 |
| 2021 | $2,608.11 | $242,381 |
| 2020 | $2,389.97 | $208,327 |
| 2019 | $2,389.97 | $161,394 |
| 2018 | $1,470.13 | $158,385 |
| 2017 | $1,472.74 | $155,127 |
| 2016 | $1,472.74 | $151,936 |
| 2015 | $1,420.43 | $150,880 |
| 2014 | $1,412.58 | $149,683 |
| 2013 | $0 | $147,471 |
| 2012 | $0 | $161,597 |
| 2011 | $0 | $190,490 |
| 2010 | $0 | $187,675 |
| 2009 | $0 | $182,741 |
| 2008 | $0 | $182,558 |
| 2007 | $0 | $177,241 |
| 2006 | $0 | $176,331 |
| 2005 | $0 | $162,829 |
| 2004 | $0 | $158,086 |
| 2003 | $0 | $155,138 |
| 2002 | $0 | $151,502 |
| 2001 | $0 | $149,116 |
| 2000 | $0 | $144,773 |
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