Land at 394 ROYAL TERN WAY, CARRABELLE
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6 photos

$39,500

394 ROYAL TERN WAY
CARRABELLE, FL 32322
Listed by Daniel Castaneda · AMERICAN REALTY OF PSL LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

COASTAL OPPORTUNITY IN ST. JAMES BAY WITH OWNER FINANCING AVAILABLE! Discover the opportunity to create your own coastal retreat on this approximately 0.23-acre property in the desirable St. James Bay community of Carrabelle. Located in the peaceful Thomas Bay area, this property offers convenient access to the Gulf, beautiful beaches, boating, fishing, marinas, and boat ramps. Property owners enjoy access to community amenities including a swimming pool, tennis courts, pickleball courts, fitness facility, and Bayside area with a fishing pier, picnic tables, and firepit. Golf enthusiasts will appreciate St. James Bay Golf Course, a public course with no membership required. Public water and public sewer are available, with electricity available at the property. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers an excellent chance to enjoy Florida's Forgotten Coast. Owner financing may be available. Buyer to verify all building requirements, utilities, restrictions, and intended use with the appropriate governing authorities and HOA.

Property details

MLS
Stellar MLS
MLS #
MFRK4903925
Property type
Land
Subdivision
THOMAS BAY ST
Status
Active
Days on market
N/A
On market date
October 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres
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Walkability

Blended score for CARRABELLE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

17
Very car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CARRABELLE, from live MLS data.

On the market 0 days -- 46 fewer days than CARRABELLE's current average of 46 days.
For reference, the median list price across 38 active listings in CARRABELLE right now is $5,999.

Mortgage calculator

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Est. monthly payment
$388/mo
$7,900 down
$31,600 loan
Principal & interest$205
Property tax (est.)$33
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.