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Lot/land
  • $499,000

    902 Gray Ave, Carrabelle, FL 32322

    --beds
    --baths
    21.3Acres
    Unimproved Land
    Built in ----
    21.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Far west cleared section
    Exceptional development opportunity in the heart of Carrabelle, Florida. This 21.3 acre parcel, offers a rare chance to acquire a large scale tract zoned for multifamily use within city limits, with guidance from the City of Carrabelle indicating the potential for up to 15 units per buildable acre. Preliminary plats have been drafted for the far west cleared section, with city water and sewer available along Gray Ave., providing a strong foundation for future development. With no existing infrastructure in place, the property offers a blank slate for a developer to design and execute a vision from the ground up. Opportunities of this scale, zoning, and location are increasingly limited in our area. This parcel is ideally positioned just minutes from local marinas, public boat ramps, and Carrabelle's downtown waterfront district, this location blends convenience with the laid-back coastal lifestyle that continues to attract both full-time residents and second-home buyers to the Forgotten Coast. Offering 21.3 acres to be subdivided from a larger 61.5-acre parcel. Seller is willing to survey and replat the property upon execution of an accepted contract. Buyer to verify all measurements, zoning, density, and development potential with the City of Carrabelle. Additional documentation available upon request.
    76 days
    |
    78
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lacey Martina 334-723-6799,

    Naumann Group Real Estate, Inc. - SGI

    Source: Forgotten Coast Realtor Association,MLS#: 328155MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 21.3 Acres
      • Dimensions: 1780 x 1525 x 145 x 155 x 105 x 155
      • Features: Wetlands, Split Possible, Wooded
      Details
      • Parcel number: 2007S04W415000100000
      • Zoning description: Residential Multi-Family

      Utilities & green energy

      • Utilities for property: Cable Available, Electricity Available, Natural Gas Not Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: No Named Subdivision
      Location
      • Region: Carrabelle

      Financial & listing details

      • Date on market: 4/27/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/27/2026Listed for sale$499,000
        Source: Forgotten Coast Realtor Association #328155 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.

        Climate risks

        Neighborhood: 32322

        Getting around

        16 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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