For SaleNeutral Deal170 days on market
2492 Highway 98 E
2492 Highway 98 E, Carrabelle, FL 32322, Carrabelle, FL 32322
$799,000
Listing Price
2492 Highway 98 E, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
170
Tax Assessed
$286k
Lot Size
0.34 acres
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
16 mi away
N/A
Franklin Virtual Instruction Program
K-12
19.9 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
coastalstilt houseelevated deckboard and batten sidingmetal roofblue exterioroutdoor living spacewood deckraised foundationbeach housescreened porch arearanch-style influenceforested surroundings
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.44%
Total ROI
98.8%
Cash Flow
$142/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $142/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-07-13 | Price change | $799,000 | $499 |
| 2026-04-06 | Listed for sale | $825,000 | $516 |
| 2017-01-16 | Sold | $210,000 | $131 |
| 2016-10-20 | Listed for sale | $249,900 | $156 |
| 2014-11-01 | Listing removed | $309,000 | $193 |
| 2014-09-12 | Price change | $309,000 | $193 |
| 2014-07-23 | Listed for sale | $325,000 | $203 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $2,377.3 | $218,501 |
| 2023 | $2,161.49 | $198,637 |
| 2022 | $2,087.85 | $180,579 |
| 2021 | $1,907.05 | $164,163 |
| 2020 | $1,823.39 | $149,239 |
| 2019 | $1,823.39 | $184,353 |
| 2018 | $1,859.24 | $181,940 |
| 2017 | $1,564.35 | $137,147 |
| 2016 | $1,564.35 | $101,932 |
| 2015 | $1,282.67 | $96,932 |
| 2014 | $1,246.41 | $97,471 |
| 2013 | $0 | $98,010 |
| 2012 | $0 | $108,223 |
| 2011 | $0 | $138,762 |
| 2010 | $0 | $184,301 |
| 2009 | $0 | $66,827 |
| 2008 | $0 | $66,760 |
| 2007 | $0 | $62,388 |
| 2006 | $0 | $60,438 |
| 2005 | $0 | $48,172 |
| 2004 | $0 | $46,769 |
| 2003 | $0 | $45,897 |
| 2002 | $0 | $44,821 |
| 2001 | $0 | $44,115 |
| 2000 | $0 | $42,830 |
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