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2526 Palmetto Terrace, Carrabelle, FL 00000

$145,000
  • 2526 Palmetto Terrace, Carrabelle, FL 00000 Main Photo

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Active Price Reduced by $10,000 on April 15th, 2026
BEDS3 BATHS2 full SQUARE FEET1,032 MLS#397003
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGulf Terrace

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. 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.

2526 Palmetto Terrace | MLS# 397003

This single family home located at 2526 Palmetto Terrace, Carrabelle, FL is currently listed for sale with an asking price of $145,000. This property was built in 1960 and has 3 bedrooms and 2 full baths with 1032 sq. ft. Palmetto Terrace is located in the Gulf Terrace subdivision. Search Gulf Terrace real estate on sampage.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Home Style: Cottage, One Story
Lot Size: 0.23 Acres
Stories: 1.0
Year Built: 1960

Feature Descriptions

Appliances: Oven
Days on Site: 42
Directions: Hwy 98 to Franklin St, then right on Palmetto Terrace; home on right.
Exterior: Vinyl Siding
Fencimg: Partial
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Conventional, FHA, Other
Lot Dimensions: 170x60x170x60
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Covered, Porch
Property Attached Y/N: No
Property Sub-Type: Detached
Special View Info: None

Room Sizes

Primary Bedroom: 16 X 12
Living Room: 19 X 12
Kitchen: 12 X 10
Family Room: na
Dining Room: na
Bedroom 3: 12 X 10
Bedroom 2: 14 X 11

Local Schools

High School: Franklin County High School
Middle School: Franklin County Middle School
Elementary School: OTHER COUNTY

Listed By / Shown By

Listed By

Agency Name: Coastwise Realty

Shown By

Agent Name: Sam Page
Agent Phone: (386) 212-0647
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 814.04 per month $771.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $42.29 Homeowner's Insurance

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