
Residential Land for Sale in Carrabelle, Florida
295-323 Royal Tern Way, Carrabelle, FL 32358
INVESTOR, BUILDER & DEVELOPER OPPORTUNITY | EIGHT PREMIER GOLF-COURSE HOMESITES IN THE ST. JAMES BAY GOLF & PICKLEBALL RESORT! An exceptional opportunity to acquire eight residential homesites along Royal Tern Way overlooking the 17th fairway and green at St. James Bay Golf & Pickleball Resort in Carrabelle, Florida. Among the most desirable homesites in St. James Bay, this distinctive collection offers a rare combination of FEMA Flood Zone X designation, coveted golf-course frontage, sweeping long-range fairway vistas, and picturesque pond views. These beautifully wooded homesites present an outstanding opportunity for builders, developers, and investors to create a collection of luxury custom or speculative homes within an established and growing coastal golf community. With mature natural vegetation, scenic surroundings, and a premier golf-course setting, these properties offer the attributes sought by discerning buyers looking for an exceptional coastal lifestyle. St. James Bay is a destination golf and pickleball resort offering an impressive array of recreational amenities, including an 18-hole championship golf course designed by Robert Walker, eight dedicated pickleball courts, resort swimming pool, fitness center, driving range, golf pro shop, and on-site dining at Crooked River Grill. Golf and social memberships are available, with certain amenities subject to membership requirements. The community also features a private bayside park with fishing pier, kayak access, and picnic facilities. Ideally situated along Florida's Forgotten Coast, St. James Bay offers convenient access to Carrabelle Beach, marinas, world-class inshore and offshore fishing, boating, St. George Island, and historic Apalachicola. This desirable location combines the tranquility of coastal Florida with resort-style recreation and the natural beauty that makes the Forgotten Coast so special. EIGHT PREMIER HOMESITES. ONE EXCEPTIONAL DEVELOPMENT OPPORTUNITY. A rare chance to secure a collection of distinguished golf-course properties in one of the Forgotten Coast's established resort communities. Buyer to verify utilities, building requirements, architectural guidelines, and all applicable development approvals.
Location
- Street address
- 295-323 Royal Tern Way
- County
- Franklin County
- Zip code
- 32358
- Community
- St. James Bay
- Elevation
- 38 feet
Directions
Hwy 98, R on Crooked River Road, R on Royal Tern Way. Lots start at corner of Royal Tern & Eagles Wy
Property details
- Acreage
- 1.6 acres69,696 sq ft
- MLS #
- TBR 406661
- Posted
Parcels
- 12037-05-07S-03W-1001-000F-0010
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Wooded
- View
- Golf Course
- Features
- Level, One or More Acres
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Franklin County Middle School | Middle |
| Franklin County High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 2, 2026 | New listing | $304,000 | — | TBR |









































