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
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%
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%
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%
122 Bragdon St CARRABELLE, FL Charming 2-Bedroom, 1-Bathroom Riverview Home on Double Lots This inviting starter home o...	2 beds \| 1 baths \| 1,096 sq.ft.	$295,500	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.21% Airbnb Rental Income: $1832 Traditional Rental Income: $1509 Airbnb ROI: 2.59% Traditional ROI: 3.21%
107 Infield Rd CARRABELLE, FL Have you been looking for a place down along the Forgotten Coast? Well here it is. This co...	3 beds \| 2 baths \| 1,731 sq.ft.	$325,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 5.96% Airbnb Rental Income: $1795 Traditional Rental Income: $2321 Airbnb ROI: 2.64% Traditional ROI: 5.96%
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%
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%
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%
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%
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%
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%
171 White Pelican Court CARRABELLE, FL Golfers!! Fishers!! Nature Enthusiasts!! Do you crave tranquility and a close connection t...	3 beds \| 3 baths \| 2,523 sq.ft.	$574,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.75% Airbnb Rental Income: $1795 Traditional Rental Income: $2901 Airbnb ROI: 0.78% Traditional ROI: 3.75%
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%
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%
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%
903 NW 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%
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%
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%
903 NW A Avenue #13 CARRABELLE, FL Great 3br 1ba updated condo at The Landings in Carrabelle. This unit does not come with a ...	3 beds \| 1 baths \| 1,020 sq.ft.	$299,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.51% Airbnb Rental Income: $1795 Traditional Rental Income: $1777 Airbnb ROI: 0.84% Traditional ROI: 2.51%
712 Eagles Way CARRABELLE, FL Relax in these beautiful townhomes built by Golden Construction Company. These are townho...	2 beds \| 3 baths \| 1,575 sq.ft.	$365,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.84% Airbnb Rental Income: $1832 Traditional Rental Income: $2470 Airbnb ROI: 0.53% Traditional ROI: 3.84%
711 Eagles Way CARRABELLE, FL Relax in these beautiful townhomes built by Golden Construction Company. These fully furn...	2 beds \| 3 baths \| 1,575 sq.ft.	$375,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.69% Airbnb Rental Income: $1832 Traditional Rental Income: $2470 Airbnb ROI: 0.47% Traditional ROI: 3.69%
2120 Hwy 98 West CARRABELLE, FL Secluded beach house with deep water dock. House named "Dolphin Watch" for the almost dail...	3 beds \| 2 baths \| 1,520 sq.ft.	$775,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.83% Airbnb Rental Income: $1795 Traditional Rental Income: $2337 Airbnb ROI: 0.4% Traditional ROI: 1.83%
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%
2324 HWY 98 W CARRABELLE, FL Practically NEW construction! Discover coastal luxury in this stunning 2023 ICF-built home...	4 beds \| 4 baths \| 2,523 sq.ft.	$1,350,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 1.61% Airbnb Rental Income: $7167 Traditional Rental Income: $3822 Airbnb ROI: 3.18% Traditional ROI: 1.61%
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%
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%
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%
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%
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%
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%
254 Ante Beppum Loop CARRABELLE, FL CONSTRUCTION COMPLETE! Coastal Retreat in Carraway Bay Plantation, Carrabelle, FL Di...	3 beds \| 2 baths \| 1,316 sq.ft.	$310,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.31% Airbnb Rental Income: $1795 Traditional Rental Income: $1927 Airbnb ROI: 2.18% Traditional ROI: 4.31%
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%
188 West Dr CARRABELLE, FL MASSIVE PRICE CUT â DON'T WAIT! This gorgeous riverfront home just got even more afforda...	3 beds \| 2 baths \| 1,005 sq.ft.	$347,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 4.46% Airbnb Rental Income: $1795 Traditional Rental Income: $1908 Airbnb ROI: 2.62% Traditional ROI: 4.46%
3057 Hwy. 98 CARRABELLE, FL White Sandy Beach awaits you along this Coastal Road. Your home has a view over your very...	2 beds \| 1 baths \| 876 sq.ft.	$595,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.48% Airbnb Rental Income: $1832 Traditional Rental Income: $2132 Airbnb ROI: 1.05% Traditional ROI: 2.48%
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%
819 Haven Ct CARRABELLE, FL Beautiful Florida Cottage with a well appointed location, just a short walk to Carrabelle ...	1 beds \| 1 baths \| 696 sq.ft.	$259,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.39% Airbnb Rental Income: $1363 Traditional Rental Income: $1824 Airbnb ROI: 0.8% Traditional ROI: 4.39%
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%
295 River Road CARRABELLE, FL Newly Renovated 3 bedroom, 2 bath beach cottage located on the beautiful Carrabelle River....	3 beds \| 2 baths \| 1,175 sq.ft.	$574,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.5% Airbnb Rental Income: $1795 Traditional Rental Income: $2186 Airbnb ROI: 0.86% Traditional ROI: 2.5%

Real Estate investment in Carrabelle, FL

There are 70 properties for sale in the city of Carrabelle . The median list price in Carrabelle is $389,000 and the average price per square foot is $221. In November 2024, the average monthly cash on cash return in Carrabelle is 4.00%. The average monthly rental income in Carrabelle is $2,326.

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

There are 70 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 $2,326.

Your search for investment property begins and ends here

Investment Property for Sale in Carrabelle, FL

1764 Carrabelle Beach Dr

CARRABELLE, FL

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%

304 Hwy 98

CARRABELLE, FL

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%

811 Bruce Ave

CARRABELLE, FL

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%

122 Bragdon St

CARRABELLE, FL

2 beds | 1 baths | 1,096 sq.ft.

$295,500

Airbnb cash on cash: 2.59%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1832

Traditional Rental Income: $1509

Airbnb ROI: 2.59%

Traditional ROI: 3.21%

107 Infield Rd

CARRABELLE, FL

3 beds | 2 baths | 1,731 sq.ft.

$325,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1795

Traditional Rental Income: $2321

Airbnb ROI: 2.64%

Traditional ROI: 5.96%

321 Eagles Way

CARRABELLE, FL

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%

2634 Hwy 98 E

CARRABELLE, FL

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%

1843 Hwy 98 W

CARRABELLE, FL

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%