Carrabelle Homes under $500,000

Carrabelle Homes under $500,000

Welcome to Carrabelle, Florida – a hidden gem nestled along the breathtaking Gulf Coast. Known for its stunning natural beauty and small-town charm, Carrabelle offers a unique blend of coastal living and rich history. This quaint community is located in Franklin County, where the Apalachicola River meets the Gulf of Mexico, providing residents with an array of outdoor activities, from fishing and boating to hiking and birdwatching.

Carrabelle's picturesque waterfront is dotted with charming homes and cozy cottages, many of which are priced under $500,000, making it an ideal destination for first-time homebuyers, retirees, or anyone seeking a serene coastal lifestyle without breaking the bank. Whether you're looking for a quaint bungalow with views of the bay or a spacious family home just a stone's throw from the beach, Carrabelle has something to offer everyone.

In addition to its affordable real estate options, Carrabelle boasts a vibrant local culture. Enjoy fresh seafood at one of the many waterfront restaurants, explore the local art scene, or take a stroll along the scenic Carrabelle Beach. With its friendly community and laid-back atmosphere, you'll feel right at home in this charming coastal town.

If you’re ready to embrace a life filled with sun, sand, and serenity, Carrabelle is calling your name. Discover your dream home in this enchanting Florida paradise today, where coastal living meets affordability!

Newest Carrabelle Homes under $500,000

21 Collins Ave Unit 1, Lanark Village
$89,000
1 Beds ⋅ 1 Baths ⋅ 329664 MLS
This inviting 1 bedroom 1 bathroom offers a comfortable, easy-living layout with plenty of room to make it your own. Whether you're looking for a simple coastal getaway, a downsized full time home, or a project with potential, this cottage is a solid starting point. The interior is straightforward and functional, giving you a blank canvas for updates, personalization, or future improvements . Outside, you're surrounded by the quiet charm of Lanark village -Friendly neighbors, and that peaceful coastal atmosphere this area is known for.

21 Collins Ave Unit 1, Lanark Village
51-4 E Pine St Unit 51-4, Lanark Village
$175,000
2 Beds ⋅ 1 Baths ⋅ 329633 MLS
Step into pure coastal magic with this fully renovated 2BR/1BA Lanark Village cottage—an iconic 1943 Camp Gordon Johnston barracks transformed into a bright, beachy retreat. Every inch has been refreshed and reimagined: updated wiring, expanded living room and kitchen, crisp LVP flooring, wainscotted hallway, and a gorgeous wood-accent ceiling that warms the living space. The interior glows in Coastal Ostrich Egg Blue, giving the whole home that breezy, Key West-meets-Old-Florida vibe. Sip your morning coffee with a peek-a-boo bay view from the kitchen and front entry, then unwind on your Key West–style patio surrounded by salty air and sunshine. Outdoor storage keeps your beach gear ready for adventure. Immaculate, charming, and wonderfully maintained—this cottage is the perfect blend of history, style, and easy coastal living. A rare find that feels like vacation every day.

51-4 E Pine St Unit 51-4, Lanark Village
155 Putnal St, Carrabelle
$499,000
3 Beds ⋅ 2 Baths ⋅ 329627 MLS
Welcome to 155 Putnal Street, where coastal charm meets effortless sophistication on 2 serene acres in Lanark. This 3BR/2BA ranch brings all the right features — a sparkling gunite pool, pole barn, multiple storage buildings, and a fenced dog kennel — wrapped in a private, park-like setting. Inside, enjoy a blend of comfort and style with a new HVAC (2024), metal roof (2019), enclosed garage with indoor laundry, and new refrigerator + microwave. Furnishings are negotiable with select exclusions. The home carries an easy, coastal elegance throughout. Outside, the property transforms into your own refined retreat: shimmering pool, beautiful pool deck, garden spaces, and room for all your toys under the pole barn. City water + well for flexibility. A rare coastal estate with personality, polish, and plenty of space to live beautifully on the Forgotten Coast

155 Putnal St, Carrabelle
357 Pirates Landing Dr Unit E-32, Carrabelle
$256,900
1 Beds ⋅ 2 Baths ⋅ 329618 MLS
Coastal living meets investment potential at Pirates Landing in Carrabelle, Florida! This thoughtfully designed 1-bedroom, 2-bathroom condo offers river views, an open floor plan, and a spacious screened porch—perfect for enjoying the relaxed lifestyle of Florida's Forgotten Coast. The condo features hardwood/pine flooring through out. Open concept living area and a well-appointed kitchen with stainless steel appliances. The spacious screened porch provides the ideal place to relax and enjoy the coastal breeze. The top-floor primary suite features vaulted ceilings and additional flexible space that can be used as a home office, reading area, or extra sleeping space, making the condo versatile for both personal use and guests. Pirates Landing amenities include a community pool and hot tub, with convenient access to the river and Carrabelle Beach. Boaters will appreciate the nearby boat ramp, making it easy to launch and enjoy fishing, boating, and the area's beautiful waterways. Whether you're looking for a full-time residence, vacation getaway, or income-producing property, this condo offers an excellent opportunity to own in a desirable coastal community. Short-term rental potential provides flexibility for owners who want to enjoy the property themselves while renting when not in use. Enjoy low-maintenance coastal living, river views, convenient amenities, and easy access to everything Carrabelle has to offer. Bring your boat, your beach chair, and your investment plans—this Pirates Landing condo is ready to be enjoyed!

357 Pirates Landing Dr Unit E-32, Carrabelle
511 Ne Ave H, Carrabelle
$405,000
4 Beds ⋅ 3 Baths ⋅ 329510 MLS
REDUCED!!!!! IMMACULATE CUSTOM 2021 MANUFACTURED HOME! BUILT BY STONEY POINTE BY WINSTON HOMES. Franklin County Tax Appraiser CAMA code upgraded to code#000821 -"MANUFACTURED HIGH". Wind zone 3 rating. Too many custom upgrades to list. The seller will supply the list. Zone 3 construction includes a stronger chassis and anchoring systems to secure the home to its foundation. Reinforced roofing and side materials to withstand strong wind pressures. Impact-resistant DP-50 windows and storm doors. X FLOOD ZONE, so no flood insurance required! Survey and Elevation Certificate available! Electric fireplace in the main den, also a portable electric fireplace. ADA friendly throughout. 12x20' outdoor cookshed with separate screened patio area for entertaining. Large screened-in back porch with furnishings, commercial ice maker, flat screen TV, and MANY other features. Off the screened back porch is a FULL bathroom with a separate hot H2O heater for a hot shower after a day on the boat! 24x30'Poll barn with 17' peak roof for boat or RV. 12x25' storage building. Cook shed and storage buildings are constructed of steel with concrete anchors to withstand winds of up to 140 mph. Enclosed fish cleaning station. Please see the "inclusion" list of the MANY items included in this sale, including TWO generators, yes TWO! "Blink" security system with recording capabilities! Home sits on 3 landscaped city lots. Wide gravel, oyster shell circular drivway for easy ingress and egress. This home is a "MUST SEE'! too much to capture in photos! Sellers are relocating for health reasons.

511 Ne Ave H, Carrabelle
702 Ave C, Carrabelle
$349,000
3 Beds ⋅ 2 Baths ⋅ 329508 MLS
In the heart of town, just three blocks from the water, a tropical oasis surrounds this cozy 3 bedroom, 2 bath home. Completely renovated in 2022 and 2023, it's enclosed by a custom-built privacy fence with a beautiful gated entrance and offers a fresh start from top to bottom, with all new electrical, plumbing, heating and air, appliances, flooring, and a metal roof, plus R-30 insulated ceilings and two inch closed cell foam floors. The modern kitchen features a live edge acacia wood breakfast bar, a curved glass vent hood, gunmetal stainless steel appliances, a gas stove, and L V P flooring throughout. Both bathrooms feature stone top vanities, tile flooring, and glass barn doors. Plenty of windows fill the home with natural light, and a separate laundry and pantry sit just off the kitchen. Step outside into your own tropical paradise, tucked between the home and the custom privacy fencing. It's professionally landscaped with tropical trees and plantings for that true Florida feel, kept lush with a full irrigation system, and monitored by security cameras placed throughout the property. A detached office studio with a half bath and ductless heating and air offers flexible bonus space. And if you're curious about even more possibilities, don't miss the adjoining property next door, a large two story storage building with approved plans for a three bedroom, two bath home upstairs and room to store your boats, cars, and A T Vs. Both properties can be sold together for a negotiated price.

702 Ave C, Carrabelle
36-1 Holland Ave Unit 1, Carrabelle
$157,000
1 Beds ⋅ 1 Baths ⋅ 329506 MLS
Very spacious end unit in the quaint Lanark Village community. Over 1200 sq ft of heated/cooled space to create your own floor plan. One bedroom, one bath, large kitchen/dining area, bonus office or 2nd bedroom, also entrance from side yard.. Many options here. Carport and storage/laundry room. Updated electric, one new mini-split. Play golf anytime on the 6-hole community course. Just a short hop to the Lanark Marina, 10 minutes to Carrabelle for shopping, or 15 minutes to the public beach. The side yard has a chain-link fence for your fur babies. Freshly painted! Some new windows are being installed. Make your appointment today

36-1 Holland Ave Unit 1, Carrabelle
403 Tallahassee St, Carrabelle
$295,000
2 Beds ⋅ 2 Baths ⋅ 329501 MLS
Charming 1935 coastal cottage in historic downtown Carrabelle! This beautifully updated 2BR gem features a metal roof, 2021 HVAC, fresh interior paint, new lighting, fans, blinds, custom walnut countertops, new kitchen cabinetry, and a wine/beverage fridge. The back alley-way provides a pull through drive-way for your boat or camper with new privacy fencing and gates for security. Outdoor living includes a large front porch with dual fans, outdoor shower, outdoor laundry/utility room with bath, rock driveway, new front steps, fresh underpinning, improved shed with storage shelves, and an outdoor fish cleaning sink. Enjoy a brick walkway crafted from antique FL/GA bricks and the additional 5' 100' side lot. Located within walking distance of shopping, restaurants, the post office, and the harbor with multiple marinas, boat launches, and ship stores. Carrabelle is golf cart friendly and known for its stunning sunsets over the Carrabelle River bridge. This cottage proudly displays the red, white, and blue, adding to its timeless downtown charm. Come to Carrabelle and “Get Hooked” on this move in ready coastal treasure.

403 Tallahassee St, Carrabelle
715 Eagles Way, Carrabelle
$289,000
3 Beds ⋅ 3 Baths ⋅ 329487 MLS
Relax in these beautiful townhomes within the St. James Bay development and a perfect option for those who are not looking for a detached home! This unit features 3 bedrooms and 2.5 baths. Downstairs contains kitchen, living and dining, with all bedrooms upstairs. Interior selections include granite countertops, wood-look, vinyl planks throughout main area, tiled bathroom floors with walk in shower in the primary suite.

715 Eagles Way, Carrabelle
716 Eagles Way, Carrabelle
$289,000
2 Beds ⋅ 3 Baths ⋅ 329488 MLS
Relax in these beautiful townhomes within the St. James Bay development and a perfect option for those who are not looking for a detached home! This unit features 2 bedrooms and 2.5 baths. Downstairs contains kitchen, living and dining, with bedrooms upstairs. Interior selections include granite countertops, wood-look, vinyl planks throughout main area, tiled bathroom floors with walk in showers in the both upstairs bathrooms.

716 Eagles Way, Carrabelle
122 Bragdon St, Carrabelle
$238,000
2 Beds ⋅ 1 Baths ⋅ 329485 MLS
Nestled on two spacious lots in the City of Carrabelle, this 2BR/1BA property offers the perfect blend of comfort, privacy, and coastal convenience. Inside, the home offers a warm, inviting feel with hardwood flooring in most of the main living areas complemented by cozy carpeted bedrooms. The fenced yard features a chain-link fence—ideal for keeping pets safely secured— a brand new privacy fence in the backyard and a 10' tall semi-private fence along the front, creating a secluded outdoor space for relaxation, entertaining, or simply enjoying the peaceful surroundings. An outdoor storage shed provides added space for tools, beach gear, or lawn equipment. All new windows coming soon! Located just minutes from the beach and downtown, this home is connected to city water and sewer and also includes a sewer-connected RV hookup, making it easy to host guests or accommodate additional living space for visitors. An owned propane tank services the stove for added efficiency. Recent improvements include a new roof in 2018 and HVAC system in 2020. The yard is maintained with Proforce mosquito and tick treatment paid through the end of the year—so you can enjoy the outdoors comfortably year-round. Catch peek-a-boo river views from your living room and take advantage of this versatile opportunity—whether you're seeking a full-time residence, vacation getaway, or investment property close to everything the Forgotten Coast has to offer.

122 Bragdon St, Carrabelle
608 W 10th St, Carrabelle
$289,000
3 Beds ⋅ 2 Baths ⋅ 329461 MLS
Charming coastal style meets modern, move in ready BRAND NEW CONSTRUCTION at 608 W 10th Street in Carrabelle. This thoughtfully designed 3 bedroom, 2 bathroom with a loft home offers approximately 1,200 square feet with an open concept layout that makes excellent use of every inch. When you step inside you're greeted with vaulted ceilings that add warmth and character throughout the main living area, connecting the living room and dining room and stylish kitchen. The primary suite includes a private ensuite bath, while one of the additional bedrooms features a loft, creating flexible bonus space for an office, play area, reading nook, storage or extra sleeping space. A spacious laundry room, durable LVP flooring and two full bathrooms to add to the homes practical and low maintenance design. Whether you are looking for a full-time residence, coastal getaway, or an investment property, this home is conveniently located in Carrabelle with easy access to boating, fishing, beaches, and all the Florida's forgotten coast has to offer.

608 W 10th St, Carrabelle
Start Your Search