$27,999
↓ $1K (3.4%)
●
Land -
For Sale
214 ROYAL TERN WAY
CARRABELLE, FL 32322
Studio
0 Bath
$275
Est. Monthly
$120
HOA / Fees
About This Property
Please note, the seller has lowered the price several times and is
now firm at the listing price.
Build your dream home on this 0.22-acre homesite in the sought-after St. James Bay Golf & Pickleball Resort, where peaceful natural surroundings meet outstanding resort-style living. This beautiful lot backs directly to the championship golf course, offering scenic views and a tranquil setting while still providing access to public utilities for added convenience. As a property owner and member of the St. James Bay Property Owners Association, you'll enjoy an impressive lineup of amenities, including a renowned championship golf course, brand-new pickleball courts, a state-of-the-art fitness center, and an exceptional restaurant serving breakfast, lunch, and dinner. Members also have exclusive access to a scenic, dog-friendly bayside park featuring two fishing docks, kayak racks, a fire pit, picnic pavilions, and secure storage for boats, trailers, RVs, and other recreational equipment. Conveniently located near Carrabelle's beaches, marinas, and the Gulf Coast, this is an excellent opportunity to own a piece of Florida's Forgotten Coast in a community that perfectly blends recreation, relaxation, and coastal charm. Listing is for land only and comes As Is.
Build your dream home on this 0.22-acre homesite in the sought-after St. James Bay Golf & Pickleball Resort, where peaceful natural surroundings meet outstanding resort-style living. This beautiful lot backs directly to the championship golf course, offering scenic views and a tranquil setting while still providing access to public utilities for added convenience. As a property owner and member of the St. James Bay Property Owners Association, you'll enjoy an impressive lineup of amenities, including a renowned championship golf course, brand-new pickleball courts, a state-of-the-art fitness center, and an exceptional restaurant serving breakfast, lunch, and dinner. Members also have exclusive access to a scenic, dog-friendly bayside park featuring two fishing docks, kayak racks, a fire pit, picnic pavilions, and secure storage for boats, trailers, RVs, and other recreational equipment. Conveniently located near Carrabelle's beaches, marinas, and the Gulf Coast, this is an excellent opportunity to own a piece of Florida's Forgotten Coast in a community that perfectly blends recreation, relaxation, and coastal charm. Listing is for land only and comes As Is.
Unit Size
-
Days on Market
69 days
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
$120
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 17 days ago (Stellar MLS #A4700531)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$27,999
↓ $1K
(3.5%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$28,999
↓ $1K
(3.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$29,999
↓ $1K
(3.2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$30,999
↓ $1K
(3.1%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$31,999
↓ $1K
(3%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Size Area: 9583
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Lot Size Dimensions: UNK
Tax Lot: 25
Water Source: Public
Financial Details
Tax Annual Amount: $204
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee: $120
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Franklin
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Listed by: Zach Hilferding
NEW ALLIANCE GROUP REALTY
Last Updated: 17 days ago
Data Source: Stellar MLS, MLS# A4700531
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
NEW ALLIANCE GROUP REALTY
Last Updated: 17 days ago
Data Source: Stellar MLS, MLS# A4700531
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017