This 3-bedroom, 1.5-bath 1960 home offers 1,008 square feet of vintage character and practical comfort, nestled on a paved road in the heart of Lanark Village. Less than a mile from the Lanark Marina, you’ll have effortless access to launch your boat and soak in the serene beauty of the Forgotten Coast. Positioned high and dry with city water and sewer, this home is a rare find for those seeking small-town charm, coastal convenience, and a manageable footprint. Whether you're looking for a weekend getaway, full-time residence, or investment opportunity, this gem is ready to welcome your vision.
Sold for $155,000
$155,000
2520 Palmetto Ter, Lanark Village, FL 32323
3beds
1,008sqft
Single Family Residence
Built in 1960
9,583 Square Feet Lot
$155,500 Zestimate®
$154/sqft
$1,806 Estimated rent
Home value
$155,500
Estimated sales range
Not available
$1,806/mo
Zestimate® history
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List your homeWhat's special
Practical comfortPaved roadVintage character
Zillow last checked:
Listing updated:
Listed by:
Angela Nichols 850-274-3557,
Coastwise Realty
Bought with:
Angela Nichols, 3626469
Coastwise Realty
Source: TBR,MLS#: 391893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 12x10
Bedroom 2
- Dimensions: 10x10
Bedroom 3
- Dimensions: 10x9
Dining room
- Dimensions: 8x8
Family room
- Dimensions: 0
Kitchen
- Dimensions: 10x8
Living room
- Dimensions: 14x12
Other
- Dimensions: 6x6
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Stove
Features
- Has fireplace: No
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
Property
Parking
- Parking features: Parking Space(s)
Features
- Stories: 1
- Exterior features: Fully Fenced
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 120370707S03W312100020070
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,One Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1960
Community & HOA
Community
- Subdivision: Gulf Terrace
Location
- Region: Lanark Village
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $98,142
- Annual tax amount: $802
- Date on market: 10/7/2025
- Cumulative days on market: 105 days
- Listing terms: FHA,Owner May Carry,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $155,000$154/sqft |
Source:  TBR #391893 Report a problem | ||
| 10/7/2025 | Contingent | $155,000$154/sqft |
Source: TBR #391893 Report a problem | ||
| 10/7/2025 | Listed for sale | $155,000+138.5%$154/sqft |
Source: TBR #391893 Report a problem | ||
| 6/17/2009 | Sold | $65,000+85.7%$64/sqft |
Source: Public Record Report a problem | ||
| 9/11/2001 | Sold | $35,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $802 +7.6% | $66,155 +10% |
| 2023 | $745 +9.6% | $60,141 +10% |
| 2022 | $679 +12.9% | $54,674 +10% |
| 2021 | $602 +5.9% | $49,704 +10% |
| 2020 | $568 | $45,185 +9.2% |
| 2019 | $568 +24.2% | $41,379 +10.8% |
| 2018 | $457 -9.5% | $37,343 |
| 2017 | $506 | $37,343 -1.2% |
| 2016 | $506 -0.3% | $37,783 |
| 2015 | $507 -1.4% | $37,783 -0.6% |
| 2014 | $514 | $38,003 +11% |
| 2013 | -- | $34,224 -11% |
| 2012 | -- | $38,444 -10.9% |
| 2011 | -- | $43,164 -0.5% |
| 2010 | -- | $43,384 +0.5% |
| 2009 | -- | $43,185 +62.8% |
| 2008 | -- | $26,526 +3% |
| 2007 | -- | $25,753 +2.4% |
| 2006 | -- | $25,151 +3% |
| 2005 | -- | $24,418 +3% |
| 2004 | -- | $23,707 +1.9% |
| 2003 | -- | $23,265 +1.9% |
| 2002 | -- | $22,840 +6.1% |
| 2001 | -- | $21,524 -6.3% |
| 2000 | -- | $22,980 |
Find assessor info on the county website
Neighborhood: 32323
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Nearby schools
GreatSchools rating
- 2/10Franklin County Schools Pk-12Grades: PK-12Distance: 15.7 mi
- NAFranklin Virtual Instruction ProgramGrades: K-12Distance: 19.6 mi
Schools provided by the listing agent
- Middle: Franklin County Middle School
- High: Franklin County High School
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$155,500
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$158,610
- Florida
- Franklin County
- Carrabelle
- 32323
- 2520 Palmetto Ter
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