LUXURY GULF-FRONT RETREAT | INVESTMENT OPPORTUNITY
1002 Gulf Ave, Carrabelle, FL 32322
Where Coastal Luxury Meets Investment Potential
Welcome to your dream Gulf-front escape—a rare opportunity to own a fully remodeled, high-end coastal home with breathtaking, unobstructed views of Dog Island and direct access to the pristine waters of Florida’s Forgotten Coast.
This stunning 5-bedroom, 2-bathroom two-story residence blends timeless craftsmanship (brick, cypress, and geo stone) with modern luxury upgrades, creating the perfect balance of elegance, durability, and comfort.
Property Highlights
• Direct Gulf/Sound Frontage with panoramic water views
• 5 Spacious Bedrooms | 2 Bathrooms
• 2- Car Garage + New Concrete Driveway
• Professionally Maintained Yard with Full Sprinkler System
• Optional Additional Gulf-Front & Adjacent Lots Available
Fully Remodeled with Premium Upgrades
• New 26-Gauge Standing Seam Metal Roof
• New Hurricane-Impact Windows
• New Luxury Exotic Hardwood Floors throughout
• New Concrete Tile Flooring (Kitchen & Master Bath)
• New Custom Cabinetry + Granite Countertops (Kitchen & Baths)
• New Frigidaire & Whirlpool Stainless Steel Appliances
• New 60-Gallon Water Heater
• Updated Lighting & Ceiling Fans Throughout
City water and sewer
Designed for Coastal Living
Enjoy the outdoors from your expansive screened-in front porch stretching the entire length of the home—perfect for dining, relaxing, and soaking in the peaceful sounds of the nearby creek and Gulf breeze.
The downstairs master suite offers a private retreat with stunning water views, featuring a spa-inspired custom tile walk-in shower with built-in seating.
Investment & Income Potential
• Ideal for Airbnb / Short-Term Rental
• High-demand Gulf Coast destination
• Estimated rental income: $85K–$140K+ annually
Investor opportunity: Purchase the home alone or maximize value with additional lots, including Gulf-front parcels with water access.
About Carrabelle – Florida’s Hidden Gem
Nestled along the Gulf in Franklin County, Carrabelle offers a rare blend of Old Florida charm and natural beauty:
• World-class fishing & boating
• Uncrowded, pristine beaches (Carrabelle Beach, Dog Island)
• Laid-back coastal lifestyle ???? from crowds
• Access to Tate’s Hell State Forest for outdoor adventure
• Local landmarks like Crooked River Lighthouse
Plus, you’re just a short drive to:
• St. George Island – renowned for white-sand beaches
• St. James Bay Golf Club – championship golf & amenities
A Rare Opportunity
Whether you’re seeking a luxury coastal residence, a high-performing vacation rental, or a multi-lot investment opportunity, this property delivers unmatched value on the Gulf.
Contact me for additional details, or to schedule a private showing.
Ask about bundle pricing options for home + additional lots
What the owner loves about this home
Serene relaxed coastal living with direct access to the pristine waters of Florida’s Forgotten Coast. —The screened in porch is perfect for dining, relaxing, and soaking in the peaceful sounds of the nearby creek and Gulf breeze. The home is ground level !
World-class fishing & boating. Laid-back coastal lifestyle in a charming coastal town.
97 days
|
1,228
|
91
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Listed by:
Property Owner(205) 586-2295
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Heating
Forced air, Electric
Cooling
Central
Appliances
Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.