Lot/land

$37,500

127 Royal Tern Way, Carrabelle, FL 32322

--beds

--baths

9,583Square Feet

Unimproved Land

Built in ----

9,583 Square Feet Lot

$-- Zestimate^®

$--/sqft

$40/mo HOA

What's special

This property is the perfect setting for your dream home, with views of a small lake in your backyard & the tee box of the 12th hole just beyond it. If you're looking for access to amenities this is the property for you, St. James Bay members get access to a pool, pickle ball court, 24 hour fitness center and one of the best golf courses in the entire panhandle. This property is also just a short ride to a number of boat ramps, restaurants & more! Don't miss your chance to own one of the most picturesque and well-located lots in the neighborhood—golf, water views, and convenience all in one.

249 days

30

3

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Has water view: Yes
Water view: Lake
On waterfront: Yes

Lot

Size: 9,583 Square Feet
Features: Covenants/Restrictions, Level, Within 1/2 Mile of Water

Details

Parcel number: 0507S03W1000000B0110
Zoning description: Residential Single Family

Utilities & green energy

Utilities for property: Electricity Available, Sewer Available, Underground Utilities, Water Available

Community & HOA

Community

Subdivision: St James Bay

HOA

Has HOA: Yes
HOA fee: $120 quarterly

Location

Region: Carrabelle

Financial & listing details

Tax assessed value: $29,750
Annual tax amount: $213
Date on market: 11/14/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/14/2025	Listed for sale	$37,500-37.5%
Source: Forgotten Coast Realtor Association #324552 Report a problem
9/30/2024	Listing removed	$60,000
Source: TBR #358720 Report a problem
1/6/2024	Listed for sale	$60,000
Source: Forgotten Coast Realtor Association #316167 Report a problem
12/16/2023	Listing removed	--
Source: TBR #358720 Report a problem
12/20/2022	Listed for sale	$60,000+400%
Source: Forgotten Coast Realtor Association #312981 Report a problem
12/13/2019	Sold	$12,000-19.5%
Source: Forgotten Coast Realtor Association #301860 Report a problem
12/13/2019	Listed for sale	$14,900
Source: Jeff Galloway Real Estate #301860 Report a problem
11/29/2019	Pending sale	$14,900
Source: Jeff Galloway Real Estate #301860 Report a problem
6/9/2017	Listed for sale	$14,900-69.9%
Source: JEFF GALLOWAY REAL ESTATE #259494 Report a problem
8/29/2003	Sold	$49,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$213 +34.1%	$15,373 +10%
2023	$159 +1.7%	$13,975 +10%
2022	$156 +8.4%	$12,705 +10%
2021	$144 +12.8%	$11,550 +10%
2020	$128	$10,500 -12.5%
2019	$128 -11.7%	$12,000 -9.1%
2018	$145 +9.6%	$13,200 +25.7%
2017	$132	$10,500 -12.5%
2016	$132 -1.5%	$12,000
2015	$134 +36.5%	$12,000 +66.7%
2014	$98	$7,200

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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.

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