
Residential Land for Sale in Carrabelle, Florida
394 Royal Tern Way, Carrabelle, FL 32322
Owner financing g considered. Discover the perfect spot for your coastal getaway. This 0.23-acre vacant lot is located in the desirable Thomas Bay area of Carrabelle, offering a peaceful neighborhood setting just minutes from the Gulf of Mexico, white-sand beaches, marinas, and boat ramps. Whether you plan to build a primary residence, vacation home, or investment property, this location provides endless possibilities. Property owners have access to tennis courts, a workout facility, pickleball courts, a swimming pool, and the Bayside facility featuring picnic tables, a fishing pier, and a firepit for cool evenings. St. James Bay is a public golf course, so no membership is required. Enjoy easy access to boating, fishing, and the charming shops and restaurants of Carrabelle, as well as the natural beauty of Florida's Forgotten Coast.
Location
- Street address
- 394 Royal Tern Way
- County
- Franklin County
- Community
- ST James Bay
- Elevation
- 39 feet
Directions
1-75 toward High Spgs Keep left to stay on FL-20 / W US Highway 27 Keep right to stay on US-319 S /
Property details
- Lot size
- 0.23 acres10,019 sq ft
- MLS #
- TBR 387772
- Posted
Parcels
- 05-07S-03W-1001-000E-0310
Details and features
Listing
- Type
- Land
Lot
- Features
- Less Than One Acre
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2025 | Price drop | $39,500 | $400 -1% | TBR |
| June 24, 2025 | New listing | $39,900 | — | TBR |



















