For SaleRisky Deal113 days on market
129 Franklin St
129 Franklin St, Carrabelle, FL 32322, Carrabelle, FL 32322
$349,000
Listing Price
129 Franklin St, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
113
Tax Assessed
$278k
Lot Size
1.00 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Franklin County Schools Pk-12
PK-12
16.3 mi away
N/A
Franklin Virtual Instruction Program
K-12
20.2 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
manufactured homevinyl sidingsolar panelsscreened-in porchwooden deckmetal roofranch stylelandscapedretaining wallrural settingsingle-storyresidentialoutdoor living space
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.5%
Cash Flow
$-63/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-63/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-09-03 | Price change | $349,000 | $231 |
| 2026-06-02 | Listed for sale | $379,900 | $251 |
| 2018-01-31 | Sold | $36,500 | $24 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $902.46 | $157,864 |
| 2023 | $889.21 | $153,266 |
| 2022 | $877.54 | $148,802 |
| 2021 | $899.84 | $144,468 |
| 2020 | $935.5 | $142,473 |
| 2019 | $935.5 | $135,423 |
| 2018 | $122.49 | $10,000 |
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