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4 Beds
2 Baths
1,440 sqft

$375,000

102/104 Se 1st St, 32322, Carrabelle FL

Price per sqft$260.42
Built in1945
Property size1,440 sqft
Property typeResidential

Overview

Active

Listed Jun 22, 2026

Updated 9 days ago

Rarely does a property like this come available. Situated on an oversized corner lot in the heart of downtown Carrabelle, this versatile property features two matching homes, each offering 720 square feet of heated and cooled living space and approximately 930 square feet under roof, including charming screened front porches. Both residences feature a functional open-concept layout with 2 bedrooms and 1 full bathroom, creating comfortable and efficient living spaces. Extensive updates have already been completed, including standing seam metal roofs, new flooring, fresh interior and exterior paint, and beautifully renovated bathrooms featuring tiled showers and glass shower doors. Currently operating as income-producing long-term rentals, these homes offer immediate cash flow for investors. The location also allows for short-term rentals, providing additional income potential and flexibility for future owners. Adding to the property's uniqueness, it is commercially zoned while having been utilized as residential housing for many years. This zoning creates a variety of possibilities for investors, entrepreneurs, or those seeking a live/work opportunity. Buyers should note that continued residential use will require approval from the City. Whether you're looking to expand your rental portfolio, explore short-term rental opportunities, or capitalize on the property's commercial zoning potential, this one-of-a-kind downtown Carrabelle property deserves a closer look. Showings by appointment only, do not disturb the tenants. Please give 24-48 hour showing request notification.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
328724

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres
MLS provider logo

Courtesy of Paige Joseph with Anchor Realty Florida
Listing Contact: 850-370-0235 

Based on information from the Forgotten Coast REALTOR® Association as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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Data last updated 4:13 AM UTC, 10/10/2026

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