Real Estate Investment Properties for Sale in Carrabelle, FL

Looking for investment property in Carrabelle, FL with high ROI ?

Explore a variety of short-term homes & houses in Carrabelle, FL. Invest wisely with VRBO & Carrabelle, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Carrabelle, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
344 Royal Tern Ct CARRABELLE, FL Beautiful 3-bedroom 2 bath home in St James Bay. This is an open floor plan, with split be...	3 beds \| 2 baths \| 2,486 sq.ft.	$438,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.85% Airbnb Rental Income: $1795 Traditional Rental Income: $2491 Airbnb ROI: 0.97% Traditional ROI: 3.85%
2154 Hwy 98 E CARRABELLE, FL Amazing views from this cottage with Old Florida charm. Nice sized living room with huge b...	2 beds \| 2 baths \| 1,485 sq.ft.	$869,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.23% Airbnb Rental Income: $1832 Traditional Rental Income: $2616 Airbnb ROI: -0.35% Traditional ROI: 1.23%
55 Parker Ave CARRABELLE, FL Two units together. Close them off or use them together. They have been totally redone. Yo...	2 beds \| 2 baths \| 1,204 sq.ft.	$199,500	Airbnb cash on cash: 4.69% Traditional cash on cash: 8.45% Airbnb Rental Income: $1832 Traditional Rental Income: $2049 Airbnb ROI: 4.69% Traditional ROI: 8.45%
2344 Hwy 98 W CARRABELLE, FL Panoramic ocean views and a beautiful, white sandy beach highlight this well maintained ho...	3 beds \| 2 baths \| 1,512 sq.ft.	$750,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.51% Airbnb Rental Income: $1795 Traditional Rental Income: $2465 Airbnb ROI: -0.15% Traditional ROI: 1.51%
709 SE 3rd St CARRABELLE, FL Fully Furnished Condo with Coastal Charm just steps away from the Carrabelle River with ac...	3 beds \| 3 baths \| 1,728 sq.ft.	$329,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.8% Airbnb Rental Income: $1795 Traditional Rental Income: $2199 Airbnb ROI: 0.91% Traditional ROI: 3.8%
15 White Way CARRABELLE, FL Welcome to 15 White Way! Custom log home situated on the New River offers rustic charm and...	3 beds \| 3 baths \| 2,644 sq.ft.	$700,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.37% Airbnb Rental Income: $1795 Traditional Rental Income: $3129 Airbnb ROI: 0.58% Traditional ROI: 3.37%
556 River Rd CARRABELLE, FL Stunning Riverfront Retreat with Prime Boat Access Discover your perfect waterfront haven...	3 beds \| 2 baths \| 3,244 sq.ft.	$730,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.43% Airbnb Rental Income: $1795 Traditional Rental Income: $2349 Airbnb ROI: -0.1% Traditional ROI: 1.43%
102 St James Ave CARRABELLE, FL Prime location commercial space downstairs with river view 2 bedroom living space above. ...	2 beds \| 2 baths \| 3,000 sq.ft.	$595,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.45% Airbnb Rental Income: $1832 Traditional Rental Income: $2682 Airbnb ROI: 1.03% Traditional ROI: 3.45%
107 Anglers Harbor Ct CARRABELLE, FL Wow!!! Riverfront home in Carrabelle Florida! Fully furnished. 3 bedrooms and 3 baths. pri...	3 beds \| 3 baths \| 2,493 sq.ft.	$894,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.77% Airbnb Rental Income: $1795 Traditional Rental Income: $3277 Airbnb ROI: -0.59% Traditional ROI: 1.77%
1764 Carrabelle Beach Dr CARRABELLE, FL This beach home is in excellent condition. It was remodeled, including HVAC, plumbing, and...	2 beds \| 2 baths \| 1,215 sq.ft.	$650,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.37% Airbnb Rental Income: $1832 Traditional Rental Income: $2066 Airbnb ROI: 0.17% Traditional ROI: 1.37%
130 Hinton St CARRABELLE, FL Price Improvement! Three-bedroom two bath home on corner two-acre lot. Detached garage to ...	3 beds \| 2 baths \| 1,794 sq.ft.	$409,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.28% Airbnb Rental Income: $1795 Traditional Rental Income: $2199 Airbnb ROI: 1.95% Traditional ROI: 4.28%
443 Pirates Landing Dr CARRABELLE, FL This end unit condo overlooks the community pool and features a large screened porch on th...	1 beds \| 2 baths \| 1,147 sq.ft.	$269,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.66% Airbnb Rental Income: $1363 Traditional Rental Income: $1886 Airbnb ROI: -0.03% Traditional ROI: 3.66%
323 Baywood Dr CARRABELLE, FL Land Land and more Land! This stunning 2021 built 3 bedroom, 2 bathroom home is situated o...	3 beds \| 2 baths \| 232 sq.ft.	$389,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 2.9% Airbnb Rental Income: $1795 Traditional Rental Income: $1838 Airbnb ROI: 1.44% Traditional ROI: 2.9%
377 Pirates Landing Dr CARRABELLE, FL Beautiful Pirates Landing Condo with Views of the Carrabelle River and Pool comes fully fu...	1 beds \| 2 baths \| 1,147 sq.ft.	$249,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.66% Airbnb Rental Income: $1363 Traditional Rental Income: $1783 Airbnb ROI: 0.12% Traditional ROI: 3.66%
2567 Hwy 98 W CARRABELLE, FL Outstanding view of the St George Sound from this well constructed 2-story home situated h...	5 beds \| 3 baths \| 4,800 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $3177 Airbnb ROI: N/A Traditional ROI: 2.56%
706 7th St CARRABELLE, FL Adorable completely renovated house In downtown Carrabelle on three very nice city lots. ...	3 beds \| 1 baths \| 1,472 sq.ft.	$275,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 5.97% Airbnb Rental Income: $1795 Traditional Rental Income: $2012 Airbnb ROI: 3.25% Traditional ROI: 5.97%
2177 Hwy 98 E CARRABELLE, FL Time for fishing! 2 lots, lots 16 & lot 17, on the corner of 98 and Arizona Street adore a...	2 beds \| 1 baths \| 900 sq.ft.	$299,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.81% Airbnb Rental Income: $1832 Traditional Rental Income: $1557 Airbnb ROI: 3.03% Traditional ROI: 3.81%
604 SE Ave F CARRABELLE, FL This is your chance to own the world famous "Carrabelle Bottle House". Nestled in an arti...	3 beds \| 3 baths \| 2,093 sq.ft.	$469,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.69% Airbnb Rental Income: $1795 Traditional Rental Income: $3078 Airbnb ROI: 1.65% Traditional ROI: 5.69%
117 Anhinga Trl CARRABELLE, FL Breaking ground! Welcome to the Ibis plan, a coastal retreat in the heart of St James Bay...	3 beds \| 2 baths \| 2,058 sq.ft.	$392,500	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.39% Airbnb Rental Income: $1795 Traditional Rental Income: $2446 Airbnb ROI: 1.29% Traditional ROI: 4.39%
703 SE 3rd St CARRABELLE, FL Freshly remodeled and fully furnished 3 bedroom, 3 full bathroom condo. New flooring in li...	3 beds \| 3 baths \| 1,472 sq.ft.	$320,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.23% Airbnb Rental Income: $1795 Traditional Rental Income: $2003 Airbnb ROI: 0.92% Traditional ROI: 3.23%
304 Hwy 98 CARRABELLE, FL If these walls could talk! Here is your chance to own a beautifully remolded historic 1930...	3 beds \| 2 baths \| 1,552 sq.ft.	$429,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.92% Airbnb Rental Income: $1795 Traditional Rental Income: $2426 Airbnb ROI: 1.14% Traditional ROI: 3.92%
903 Ave A CARRABELLE, FL This condo at The Landings is a fantastic opportunity for someone looking for a convenient...	1 beds \| 1 baths \| 795 sq.ft.	$235,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.84% Airbnb Rental Income: $1363 Traditional Rental Income: $1690 Airbnb ROI: -0.51% Traditional ROI: 2.84%
2074 Hwy 98 W CARRABELLE, FL MUST SELL - Relocating!!!! BAY FRONT - 2.2 acre property with a pond, DEEP WATER, dock, ...	4 beds \| 3 baths \| 4,720 sq.ft.	$894,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 1.68% Airbnb Rental Income: $7167 Traditional Rental Income: $3201 Airbnb ROI: 4.78% Traditional ROI: 1.68%
501 12th St CARRABELLE, FL Immaculate 4-Bedroom Home with Endless Amenities and Total Privacy Step into this pristin...	4 beds \| 2 baths \| 3,600 sq.ft.	$649,000	Airbnb cash on cash: 7.51% Traditional cash on cash: 2.46% Airbnb Rental Income: $7167 Traditional Rental Income: $2721 Airbnb ROI: 7.51% Traditional ROI: 2.46%
407 NE 1st St CARRABELLE, FL 2 homes on 2 lots with garage workshop. This is a unique property with a lot of Carrabell...	2 beds \| 2 baths \| 1,240 sq.ft.	$215,000	Airbnb cash on cash: 4.93% Traditional cash on cash: 7.54% Airbnb Rental Income: $1832 Traditional Rental Income: $1870 Airbnb ROI: 4.93% Traditional ROI: 7.54%
2455 Hwy 98 W CARRABELLE, FL Secluded location, very private, Lovely little home on .72 Acres that backs up to Tate's H...	2 beds \| 1 baths \| 1,140 sq.ft.	$379,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.56% Airbnb Rental Income: $1832 Traditional Rental Income: $1811 Airbnb ROI: 2.23% Traditional ROI: 3.56%
601 SE 3 CARRABELLE, FL Charming 1910 Home in Downtown Carrabelle in an X Flood Zone Discover the elegance of y...	2 beds \| 2 baths \| 2,030 sq.ft.	$505,000	Airbnb cash on cash: -5.87% Traditional cash on cash: -2.78% Airbnb Rental Income: $1832 Traditional Rental Income: $2798 Airbnb ROI: -5.87% Traditional ROI: -2.78%
231 Eagles Way CARRABELLE, FL Check out this stunning 3 bed, 3 bath condo located in St James Bay Golf and Pickleball Re...	3 beds \| 3 baths \| 1,794 sq.ft.	$459,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.71% Airbnb Rental Income: $1795 Traditional Rental Income: $3101 Airbnb ROI: -0.46% Traditional ROI: 3.71%
122 Bragdon St CARRABELLE, FL Perfect starter home or get-a-way! Partially furnished 2-Bedroom, 1-Bathroom Riverview H...	2 beds \| 1 baths \| 1,096 sq.ft.	$289,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.3% Airbnb Rental Income: $1832 Traditional Rental Income: $1509 Airbnb ROI: 2.68% Traditional ROI: 3.3%
370 Mill Rd CARRABELLE, FL COASTAL LIVING WITHOUT THE STRESS OR THREAT OF STORM DAMAGE! Bordering Tate's Hell State ...	3 beds \| 2 baths \| 2,542 sq.ft.	$495,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 4.44% Airbnb Rental Income: $1795 Traditional Rental Income: $2663 Airbnb ROI: 1.51% Traditional ROI: 4.44%
321 Eagles Way CARRABELLE, FL Check out this stunning 3 bed, 3 bath condo located in St James Bay Golf and Pickleball Re...	3 beds \| 3 baths \| 1,794 sq.ft.	$449,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.83% Airbnb Rental Income: $1795 Traditional Rental Income: $3101 Airbnb ROI: -0.43% Traditional ROI: 3.83%
606 Storrs Ave CARRABELLE, FL This property is located in the heart of Carrabelle, less than half a mile from the Carrab...	3 beds \| 2 baths \| 1,900 sq.ft.	$235,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 8.41% Airbnb Rental Income: $1795 Traditional Rental Income: $2380 Airbnb ROI: 3.58% Traditional ROI: 8.41%
513 Shelly's Loop Rd CARRABELLE, FL New Riverfront Contemporary home with dock and 12000 LB. boat lift. Located in the fishin...	3 beds \| 2 baths \| 1,885 sq.ft.	$689,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.17% Airbnb Rental Income: $1795 Traditional Rental Income: $2700 Airbnb ROI: 0.01% Traditional ROI: 2.17%
3186 Hwy 98 E CARRABELLE, FL Seize the opportunity to own a breathtaking view of the Gulf of Mexico, where you can watc...	1 beds \| 1 baths \| 1,080 sq.ft.	$305,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.92% Airbnb Rental Income: $1363 Traditional Rental Income: $2035 Airbnb ROI: 0.13% Traditional ROI: 3.92%
1525 Gulf Ave CARRABELLE, FL Bayfront Sportsman Paradise & Family Retreat Welcome to your dream getaway! This imma...	2 beds \| 3 baths \| 2,507 sq.ft.	$875,000	Airbnb cash on cash: -3.82% Traditional cash on cash: -1.6% Airbnb Rental Income: $1832 Traditional Rental Income: $3146 Airbnb ROI: -3.82% Traditional ROI: -1.6%
811 Bruce Ave CARRABELLE, FL COASTAL LIVING WITHOUT THE STRESS OR THREAT OF STORM DAMAGE! This 3-bedroom 2 bath Custom...	3 beds \| 2 baths \| 1,688 sq.ft.	$387,500	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.86% Airbnb Rental Income: $1795 Traditional Rental Income: $2087 Airbnb ROI: 1.72% Traditional ROI: 3.86%
2634 Hwy 98 E CARRABELLE, FL Private Elevator! Unique octagon shaped home with awesome views. When you turn into the tr...	3 beds \| 2 baths \| 1,636 sq.ft.	$867,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.78% Airbnb Rental Income: $1795 Traditional Rental Income: $2476 Airbnb ROI: 0.33% Traditional ROI: 1.78%
2147 Hwy 98 E CARRABELLE, FL Beach House For Sale in Carrabelle, Florida. Escape to your very own coastal paradise! Th...	3 beds \| 2 baths \| 1,536 sq.ft.	$649,000	Airbnb cash on cash: -4.85% Traditional cash on cash: -3.53% Airbnb Rental Income: $1795 Traditional Rental Income: $2105 Airbnb ROI: -4.85% Traditional ROI: -3.53%
1843 Hwy 98 W CARRABELLE, FL Nice well maintained Coastal Cottage in the Carrabelle Beach RV Resort, just across the st...	1 beds \| 1 baths \| 572 sq.ft.	$215,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.24% Airbnb Rental Income: $1363 Traditional Rental Income: $1866 Airbnb ROI: 0.73% Traditional ROI: 5.24%
709 SE 3rd Street #D CARRABELLE, FL Fully Furnished Condo with Coastal Charm just steps away from the Carrabelle River with ac...	3 beds \| 3 baths \| 1,472 sq.ft.	$329,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.44% Airbnb Rental Income: $1795 Traditional Rental Income: $2473 Airbnb ROI: 1.67% Traditional ROI: 5.44%

Real Estate investment in Carrabelle, FL

There are 64 properties for sale in the city of Carrabelle . The median list price in Carrabelle is $390,750 and the average price per square foot is $221. In December 2024, the average monthly cash on cash return in Carrabelle is 4.00%. The average monthly rental income in Carrabelle is $2,199.

Carrabelle, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 64 investment properties available for sale in Carrabelle.

In 2024, the best neighborhood to buy investment property is CARRABELLE.

The ROI for Long-Term is higher than the Short-Term in Carrabelle with average rental income of $2,199.

Your search for investment property begins and ends here

Investment Property for Sale in Carrabelle, FL

344 Royal Tern Ct

CARRABELLE, FL

3 beds | 2 baths | 2,486 sq.ft.

$438,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1795

Traditional Rental Income: $2491

Airbnb ROI: 0.97%

Traditional ROI: 3.85%

2154 Hwy 98 E

CARRABELLE, FL

2 beds | 2 baths | 1,485 sq.ft.

$869,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 1.23%

Airbnb Rental Income: $1832

Traditional Rental Income: $2616

Airbnb ROI: -0.35%

Traditional ROI: 1.23%

55 Parker Ave

CARRABELLE, FL

2 beds | 2 baths | 1,204 sq.ft.

$199,500

Airbnb cash on cash: 4.69%

Traditional cash on cash: 8.45%

Airbnb Rental Income: $1832

Traditional Rental Income: $2049

Airbnb ROI: 4.69%

Traditional ROI: 8.45%

2344 Hwy 98 W

CARRABELLE, FL

3 beds | 2 baths | 1,512 sq.ft.

$750,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1795

Traditional Rental Income: $2465

Airbnb ROI: -0.15%

Traditional ROI: 1.51%

709 SE 3rd St

CARRABELLE, FL

3 beds | 3 baths | 1,728 sq.ft.

$329,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $1795

Traditional Rental Income: $2199

Airbnb ROI: 0.91%

Traditional ROI: 3.8%

15 White Way

CARRABELLE, FL

3 beds | 3 baths | 2,644 sq.ft.

$700,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1795

Traditional Rental Income: $3129

Airbnb ROI: 0.58%

Traditional ROI: 3.37%

556 River Rd

CARRABELLE, FL

3 beds | 2 baths | 3,244 sq.ft.

$730,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $1795

Traditional Rental Income: $2349

Airbnb ROI: -0.1%

Traditional ROI: 1.43%

102 St James Ave

CARRABELLE, FL

2 beds | 2 baths | 3,000 sq.ft.

$595,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1832

Traditional Rental Income: $2682

Airbnb ROI: 1.03%