Carrabelle, Florida

Franklin County Real Estate - Carrabelle

Carrabelle is in North West Florida. It's population as recorded in the 2010 Census was 2,778. Carrabelle is approximately 46 miles from Tallahassee (population 181,376) and around 63 miles from Panama City (population 36,484).

The median age for residents of Carrabelle is 35.6. Around 29.2% of Carrabelle households include school aged children and 34.8% of households include individuals aged 65 years or over. Census records indicate 69.5% of the Carrabelle population are White, 27.6% are Black or African American, .2% American Indian, .3% Asian and 1.5% are Two or more Races.

There are 988 housing units in Carrabelle. 428 (43.3%) of these were reported as vacant in the 2010 Census. Carrabelle is a tourist destination, 50.9% (218) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 287 residential rental units in Carrabelle. 200 of them were occupied in 2010 providing a residential rental vacancy rate of 29.6%.

Carrabelle links:

Sue Goldthorp

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Carrabelle, Florida.

Carrabelle Real Estate

There are 1,055 properties in Carrabelle. The following table shows a summary of them based on 2014 sales data.

Carrabelle Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 2 0.19 1 $85,000 $35March 1st, 2014March 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 5 0.47 0n/an/an/an/a
Hotel & Motel 10 0.95 0n/an/an/an/a
Industrial 6 0.57 0n/an/an/an/a
Mobile/Manufactured 332 31.47 7 $40,000 $28January 1st, 2014August 1st, 2014
Office 2 0.19 0n/an/an/an/a
Residential 669 63.41 22 $125,000 $64January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 14 1.33 0n/an/an/an/a
Senior Housing 2 0.19 0n/an/an/an/a
Special Purpose 13 1.23 0n/an/an/an/a

Agricultural Real Estate in Carrabelle, Florida

2( .19%) of the properties in Carrabelle are classified as Agricultural. 1 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $85,000. The median sales price was $85,000. In 2014 the median sales price for Agricultural in Carrabelle was $35 per sq ft.

Commercial Real Estate in Carrabelle, Florida

0( .00%) of the properties in Carrabelle are classified as Commercial.

Government Real Estate in Carrabelle, Florida

5( .47%) of the properties in Carrabelle are classified as Government.

Hotel & Motel Real Estate in Carrabelle, Florida

10( .95%) of the properties in Carrabelle are classified as Hotel & Motel.

Industrial Real Estate in Carrabelle, Florida

6( .57%) of the properties in Carrabelle are classified as Industrial.

Mobile/Manufactured Real Estate in Carrabelle, Florida

332( 31.47%) of the properties in Carrabelle are classified as Mobile/Manufactured. 7 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $319,400. The median sales price was $40,000. In 2014 the median sales price for Mobile/Manufactured in Carrabelle was $28 per sq ft.

Office Real Estate in Carrabelle, Florida

2( .19%) of the properties in Carrabelle are classified as Office.

Residential Real Estate in Carrabelle, Florida

669( 63.41%) of the properties in Carrabelle are classified as Residential. 22 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $3,594,442. The median sales price was $125,000. In 2014 the median sales price for A Class Residential in Carrabelle was $164 per sq ft, B Class properties sold for $64/ft and C Class $35/ft.

Residential Real Estate in Carrabelle, Florida

0( .00%) of the properties in Carrabelle are classified as Residential.

Retail Real Estate in Carrabelle, Florida

14( 1.33%) of the properties in Carrabelle are classified as Retail.

Senior Housing Real Estate in Carrabelle, Florida

2( .19%) of the properties in Carrabelle are classified as Senior Housing.

Special Purpose Real Estate in Carrabelle, Florida

13( 1.23%) of the properties in Carrabelle are classified as Special Purpose.

Carrabelle, Franklin County Market Data

Carrabelle Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1 0
Government Property 6 6,410
Hotel & Motel 10 8,395
Industrial 6 32,161
Land 612 1,999
Mobile/Manufactured 334 432,309
Office 2 3,657
Residential 649 1,165,348
Retail 13 76,517
Senior Housing 2 22,310
Special Purpose 13 26,899

Carrabelle Median Property Values per Sq Ft

Carrabelle Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Church 2016 $282$24 $97$12 $60$7
Club, lodge or union hall 2016 $282$24 $97$12 $60$7
Community Shopping Center 2016 $282$32 $97$16 $60$8
Condominium 2016 $282$16 $97$16 $60$16
County Owned 2016 $282$30 $97$15 $60$7
Food processing 2016 $282$17 $97$10 $60$5
Home for the aged 2016 $282$15 $97$10 $60$9
Light manufacturing 2016 $282$17 $97$10 $60$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $282$33 $97$33 $60$33
Mobile Home 2016 $102$6 $21$6 $16$6
Municipal Owned 2016 $282$30 $97$15 $60$7
Office building, non-professional service building, one story 2016 $282$30 $97$18 $60$11
Orphanage, other non-profit or charitable services 2016 $282$24 $97$12 $60$7
Restaurant, cafeteria 2016 $282$32 $97$16 $60$8
Retirement Home not eligible for exemption. 2016 $282$15 $97$10 $60$9
Single Family 2016 $222$16 $100$16 $64$16
State Owned 2016 $282$30 $97$15 $60$7
Store, one story 2016 $282$32 $97$16 $60$8
Supermarket 2016 $282$32 $97$16 $60$8
Timberland - site index 90 and above 2016 $282$27 $97$15 $60$9
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $282$17 $97$10 $60$5