$125,000
$125,000
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2526 Palmetto Terrace Carrabelle, FL 32322-3521
3 Beds
2 Baths
1,032 SqFt
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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