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$699,000   Price Analysis
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201 Tallahassee St
Carrabelle, FL 32322
5 bed 5 bath 2,512 SqFt ($278/SqFt)
5,227SqFt lot. Built 1930
Listed 2024-04-20, Taxes $1,308
USDA Eligible
near Carrabelle, FL
 Restrictions may apply
due to home size

Key West Style on the Forgotten Coast 2 blocks from the Harbor!

Attention retirees or those looking to be partially retired. There is a exceptional living quarters area downstairs private from the 4 rental units upstairs. Keep running it as an Inn or it can be put on the Vacation Rental Market! Possibilities are endless. There are five bedrooms each with a private bath, wrap around porches both upstairs and down, a covered Cabana area and a private courtyard! The Old Carriage House is now used as a storage unit. Contemporary roof was installed in 2022. The AC units were redone in 2021. There is an On Demand hot water heater, stainless appliances in the kitchen and granite tabletops. All five bathrooms were redone keepng the charm of the historic home but with modern conveniences . It is currently being run as The Old Carrabelle Hotel but could easily be a Bed and Breakfast or vacation rental. A special exception from the City of Carrabelle would have to be obtained to use it as a primary residence but it is allowed to live in it while you run a business!

Check out this exceptional historic building and explore the possibility of living 2 blocks from the harbor with an amazing income! One of the owners is also a licensed Florida Realtor.


Presented by KATHY FRINK at
Coastal Realty Group - Carrabelle.
Listing Agent Photo

Property MLS #317283 from RAofFranklinandGulf

Bedrooms: 5
Bedroom 1 Level: Second
Primary Bedroom Features: Blinds, Carpeted, Sitting Area, Walk-in Closet

Total Bathrooms: 5 / 0
Full Bathrooms: 5
Primary Bathroom Description: Shower Only, Tile

French Door
Inside Storage
Newly Painted
Washer/Dryer Hookup
Window Treatment All
Woodwork Painted
Furnished: Yes
Furnished Description: Furnished
Flooring: Carpet, Pine, Tile

Clothes Dryer
Clothes Washer
Dishwasher
Disposal
Microwave
Oven Self Cleaning
Range Hood
Refrigerator
Stove/Oven Gas
Water Heater Tankless

Cooling Features: Central Electric, Window/Wall
Heating Features: Central Gas

Kitchen Level: Main

Den Level: Main

BBQ Pit/Grill
Hurricane Shutters
Landscaped
Renovated
Fencing: Back Yard, Wood
Frontage Length: 50
Other Structures: Cabana, Storage
Patio And Porch Features: Balcony, Covered Deck, Front Porch, Open Patio, Wrap Around Porch
Road Access: City Road, Paved Road

Lot Description: Additional Land Available, Corner, Flood Insurance Required, Level, Within 1/2 Mile of Water
Lot Size Acres: 0.12
Lot Size Dimensions: 50x100
Lot Size Square Feet: 5227

Parking Features: Guest, Oversized
Parking Total: 7

Association: No
Calculated Total Monthly Association Fees: 0

Private
Annual Tax Amount: 1991.02
Source Listing Status: Active
Directions: From Hwy 98 in Dowtown Carrabelle, go North on Tallahassee Stteet. The hotel is on the corner of Avenue A. and Tallahassee Street. Hotel sign on corner. Park on the side gravel parking lot.
Tax Year: 2021
Source Property Type: Residential
Exclusions: some artwork, Mantle in Monkey Bar, black iron stove in Living room.
Inclusions: furnished with a few exceptions
Area: Carrabelle
Source Neighborhood: Picketts Add
Subdivision: Picketts Add
Zoning: C-1
Zoning Description: Commercial
Property Subtype: Detached Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$41,670
$1,308
2021$85,529 + $19,600
$105,129
$1,991
2020$82,892 + $19,600
$102,492
$2,073
2019$79,795 + $16,800
$96,595
$1,983
2018$74,302 + $16,800
$91,102
$1,935
2017$74,302 + $10,920
$85,222
$1,270
2016$unknown + $unknown
$84,427
$1,253
2015$unknown + $unknown
$84,082
$1,249
2014$unknown + $unknown
$83,691
$1,248
2013$unknown + $unknown
$84,021
$1,236
2012$unknown + $unknown
$77,289
$684
2011$unknown + $unknown
$78,054
$640
2010$unknown + $unknown
$78,818
$643
2009$unknown + $unknown
$107,583
$886
2008$unknown + $unknown
$130,436
$1,646
2007$unknown + $unknown
$125,582
$1,470

Listed 2024-04-20
$699,000
RAofFranklinandGulf
Listing removed 2023-07-22
$0
RAofFranklinandGulf
Price Changed 2023-06-13
$799,000
RAofFranklinandGulf
Price Changed 2023-04-10
$849,000
RAofFranklinandGulf
Price Changed 2022-09-06
$899,000
RAofFranklinandGulf
Listed 2022-07-21
$959,000
RAofFranklinandGulf
Sold 1993-11-01
$25,500
Public Record

Total Square Feet Living: 2512
Year Built: 1930
Construction Materials: Asbestos, Frame
Foundation Details: Pillar/Post/Pier
Property Age: 94
Roof: Shingle
Levels or Stories: 2
House Style: 2+ Story, Historical, Key West
Total Area Sqft: 4122
Year Built Details: Construction Complete
Year Built Effective: 1950

Sewer: Public Sewer
Cable Connected
Electricity Connected
Propane
Sewer Connected
Water Connected
Water Source: Public

Energy Information: Ceiling Fan, Ridge Vent

Franklin County Schools Pk-12 is a public elementary, middle and high school located approximately 10.9 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.