MLS# 397003 – 2526 Palmetto Terrace, Carrabelle, FL 32322

Price: $155,000
Beds: 3
Baths: 2
Living Area SqFt: 1,032
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.23
Lot Size SqFt: 10,018
Year Built: 1960
Neighborhood: Gulf Terrace
Days on Website: 10

Courtesy of , Coastwise Realty

Property Description

This 3-bedroom, 2-bath 1960 cottage offers a simple, comfortable coastal retreat on a quiet paved street. Just minutes from the Lanark Marina and the beauty of the Forgotten Coast, it works well as a full-time home, a weekend getaway, or an investment rental. It has served as a steady long-term rental for several years and is now vacant and sold as-is, giving the next owner a chance to update and add value. The interior has been freshly painted and the old carpet removed, giving the home a cleaner starting point. The living room’s original hardwood floors add character, while the master features vinyl plank for easy maintenance. The secondary bedrooms still have their existing linoleum, offering an opportunity for the new owner to choose the flooring style they prefer. The main bathroom renovation was started and will need finishing, and the laundry room includes an added full bath with a stand-up shower. The home sits high and dry with city water and sewer. Outside, the fenced backyard offers room to enjoy the outdoors, along with a two-story playhouse that can serve as a fun spot for kids or additional storage. With its coastal location, rental history, and as-is pricing, this cottage is ready for your updates and personal touch.

Open House

Property Details and Features

  • Property Access
  • Road responsibility: PublicMaintainedRoad
  • Road surface type: Paved
  • Appliances & Equipment
  • Oven
  • Bathrooms
  • 2 full bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 3 total bedrooms
  • Building
  • Built in 1960
  • Architectural style: Cottage,OneStory
  • Construction materials: VinylSiding
  • 1
  • Toal building area: 1032
  • Cooling
  • CeilingFans
  • WallWindowUnits
  • Fence
  • Partial
  • Listing
  • Listing ID: 397003
  • Standard status: Active
  • 7 days on market
  • Location
  • Subdivision name: Gulf Terrace
  • Lot
  • 0.23 acres
  • Parking
  • Driveway
  • Property
  • Patio and porch features: Covered,Porch
  • None
  • Schools
  • Elementary school: OTHER COUNTY
  • Middleorjuniorschool: Franklin County Middle School
  • High school: Franklin County High School

Property Map

$155,000 – 2526 Palmetto Terrace, Carrabelle, FL 32322

Street View

Nearby Schools

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