For SaleRisky Deal1121 days on market

2192 Highway 98 E

2192 Highway 98 E, Carrabelle, FL 32322, Carrabelle, FL 32322
$199,900

Listing Price

Property image 1
2192 Highway 98 E, Carrabelle, FL 32322
Loc: Carrabelle, FL
Days Listed
1121
Tax Assessed
$165k
Lot Size
0.37 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
14.6 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

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
82.4%
Cash Flow
$-91/mo
DSCR
0.91
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-91/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
2026-03-01Price change$199,900–
2024-02-24Price change$215,000–
2023-08-30Listed for sale$240,000–
2002-11-18Sold$205,000–

Tax History

YearProperty TaxTax Assessment
2024$1,396.81$134,697
2023$362.22$29,282
2022$314.07$26,620
2021$319.99$24,200
2020$327.63$22,000
2019$327.63$20,000
2018$244.75$20,000
2017$242.24$20,000
2016$242.24$20,000
2015$229.66$15,000
2014$194.12$15,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
Baths
Sq Ft
0

Similar Properties Nearby

Explore other investment opportunities in Carrabelle.