For SaleRisky Deal92 days on market

2506 Highway 98 E

2506 Highway 98 E, Carrabelle, FL 32322, Carrabelle, FL 32322
$185,000

Listing Price

Property image 1
2506 Highway 98 E, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
92
Tax Assessed
$140k
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
16.1 mi away
N/A

Franklin Virtual Instruction Program

K-12
20 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

No listed amenities or architectural tags recorded in source data.

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.68%
Total ROI
82.3%
Cash Flow
$-85/mo
DSCR
0.91
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-85/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (5.7%)
  • • 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

DateEventPricePrice/sqft
2026-06-24Listed for sale$185,000–

Tax History

YearProperty TaxTax Assessment
2024$1,110.85$99,825
2023$976.31$90,750
2022$959.25$82,500
2021$801.56$75,000
2020$852.42$75,000
2019$852.42$75,000
2018$857.41$70,000
2017$863.92$70,000
2016$863.92$70,000
2015$856.52$65,000
2014$807.85$65,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
Baths
Sq Ft
0

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