2526 Palmetto Terrace, Carrabelle, FL 32322-3521
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2526 Palmetto Terrace, Carrabelle, FL 32322-3521
2526 Palmetto Terrace, Carrabelle, FL 32322-3521
2526 Palmetto Terrace, Carrabelle, FL 32322-3521
2526 Palmetto Terrace, Carrabelle, FL 32322-3521

$125,000

Est. payment /mo

$125,000

Est.Price: ?

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2526 Palmetto Terrace Carrabelle, FL 32322-3521

3 Beds

2 Baths

1,032 SqFt

SOLD DATE : 08/06/2026

Key Details

Sold Price $125,000

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,032 sqft

Price per Sqft $121

Subdivision Gulf Terrace

MLS Listing ID 397003

Style Cottage

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 10,018 Sqft

Property Sub-Type Detached Single Family

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. Price reflects the home's as-is condition and opportunity for the new owner to customize finishes to their style. 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. Seller will consider seller financing with down payment and terms for qualified buyers, offering flexibility for those seeking an alternative to traditional lending.

Location

State FL

County Franklin

Area Franklin

Rooms

Family Room na

Other Rooms Porch - Covered

Dining Room na

Kitchen 12x10

Interior

Cooling Fans - Ceiling, Window/Wall Unit

Equipment Oven(s)

Exterior

Exterior Feature Cottage

Parking Features Driveway Only

Utilities Available Electric

View None

Building

Lot Description Separate Living Room

Story Story - One

Schools

Elementary Schools Other County

Middle Schools Franklin County Middle School

High Schools Franklin County High School

Others

Acceptable Financing Conventional, FHA, Other, Owner Financing

Listing Terms Conventional, FHA, Other, Owner Financing

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Listed by Coastwise Realty
Bought with Coastwise Realty

NEARBY SCHOOLS & BUSINESSES

Tonya Baker

Tonya Baker

Agent

+1(850) 524-9914

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