394 Royal Tern Way, FL

$39,500

394 Royal Tern Way

Carrabelle, FL 32322

Active
0
Baths
0.23
Acres
$4/sqft360° tour
🏠Land

Property type

📐10,184 sqft

Lot size

📊$4

Price / sq ft

🏘️$40/mo

HOA dues

📅197

Days on market

🌊X

Flood zone

About this home

Owner financing g considered. Discover the perfect spot for your coastal getaway. This 0.23-acre vacant lot is located in the desirable Thomas Bay area of Carrabelle, offering a peaceful neighborhood setting just minutes from the Gulf of America, white-sand beaches, marinas, and boat ramps. Whether you plan to build a primary residence, vacation home, or investment property, this location provides endless possibilities. Property owners have access to tennis courts, a workout facility, pickleball courts, a swimming pool, and the Bayside facility featuring picnic tables, a fishing pier, and a firepit for cool evenings. St. James Bay is a public golf course, so no membership is required. Enjoy easy access to boating, fishing, and the charming shops and restaurants of Carrabelle, as well as the natural beauty of Florida’s Forgotten Coast.

Estimated monthly payment

Principal & interest$200
Property taxes$23
Home insurance (est.)$18
HOA dues$40

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history197 days on market

  1. Status: Active
    Jun 23, 2025
  2. Listed$39,900
    Jun 23, 2025
  3. Price reduced$39,500

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
197
Cumulative DOM
664
Subdivision
Thomas Bay St
County
Franklin
Price/sq ft
$4
Lot size
10,184 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12037C0270F)
Annual taxes
$277 (2024)
Parcel #
05-07S-03W-1001-000E-0310
Zoning
RES
MLS #
OK225319

HOA & Financial

HOA fee
$120 / Quarterly
Monthly HOA
$40/mo
Total monthly fees
$40/mo
Total annual fees
$480
HOA name
St. James Bay Property Owners
Listing terms
Cash, Owner Financing
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electrical Nearby, Public, Underground Utilities, Water Available

Community

Pets allowed
Yes

Listing Details

Listing date
2025-06-23
On market date
2025-06-23
Original list price
$39,900
MLS area
32322 - Carrabelle
Listing AOR
Okeechobee
Status changed
2025-06-23
Tax legal description
ST JAMES BAY PHASE II PB 8/23 BLOCK E LOT 31 816/429 821/49 1382/273

Flood risk

Minimal riskFEMA Zone XPanel 12037C0270F

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

1-75 toward High Spgs Keep left to stay on FL-20 / W US Highway 27 Keep right to stay on US-319 S / Big Bend Scenic Byway Turn right onto Crooked River Rd

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of January 6, 2026 at 8:11 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA