For SaleRisky Deal36 days on market
2176 Highway 98 E
2176 Highway 98 E, Carrabelle, FL 32322, Carrabelle, FL 32322
$147,500
Listing Price
2176 Highway 98 E, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
36
Tax Assessed
$10k
Lot Size
0.35 acres
Type
lot
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
14.5 mi away
N/A
Franklin Virtual Instruction Program
K-12
18.5 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
waterfrontprivate dockcoastalwooded lotvacant landbeachfrontresidentialserenescenicelevated lotnature-orientedrecreationalprime location
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
91.6%
Cash Flow
$-15/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-15/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-08-18 | Listed for sale | $147,500 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $70.43 | $3,660 |
| 2023 | $70.8 | $3,327 |
| 2022 | $71.7 | $3,025 |
| 2021 | $75.66 | $2,750 |
| 2020 | $38.08 | $2,500 |
| 2019 | $38.08 | $2,500 |
| 2018 | $30.62 | $2,500 |
| 2017 | $40.5 | $2,500 |
| 2016 | $40.5 | $2,500 |
| 2015 | $40.24 | $2,500 |
| 2014 | $40.69 | $2,500 |
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