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2492 Highway 98 East

Carrabelle, FL 32322

$825,000 $3,478/Mo

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Overview

Bed

Bath

1,600

Sqft

0.36

Acre(Lot)

Description

Welcome to 2492 Highway 98 East in Carrabelle, Florida—a rare waterfront retreat on Florida’s Forgotten Coast where the views are wide open, the boating is effortless, and everyday life feels like a getaway. Affectionately known as No Wake Zone, this beautifully updated coastal home offers the kind of setting buyers are searching for when they ask for a luxury waterfront home in Carrabelle with a dock, boat lift, a rare deep lot and panoramic Gulf views. From the moment you arrive, the open-water setting makes an impression. Inside, the home is bright, inviting, and designed to make the most of its incredible surroundings. The modern kitchen opens into a spacious floorplan with generous dining and living areas, creating an easy, conversational flow that feels both comfortable and refined. One side of the living space is perfect for gathering with family and friends, while the other is anchored by a relaxing sitting area positioned to soak in sweeping views of the Gulf of America. With 3 bedrooms, 2 bathrooms, and approximately 1,600 square feet, this home offers the ideal balance of comfort, function, and waterfront charm. The primary suite is a true retreat, with glass doors that welcome in expansive water views and an oversized en-suite bath that adds to the home’s sense of privacy and relaxation. Pride of ownership is evident throughout, and with most furnishings included, this is a rare opportunity to step into a move-in-ready waterfront home on the Forgotten Coast. Outside is where No Wake Zone truly shines. A 200-foot dock with boat lift offers exceptional access for boaters, anglers, and anyone who wants the water just steps away. The generous grass yard stretches to the shoreline, creating an unusually usable outdoor space for a waterfront property. Beneath the home, the large screened entertaining area is set up for the coastal lifestyle buyers dream about, complete with an outdoor kitchen, bar, and dining space made for fresh seafood dinners, game-day gatherings, and long sunset evenings. A natural feature that makes this property even more special is Bird Island, the sandbar just offshore that not only adds to the view, but also provides a measure of protection from storms that many open-water properties simply do not have. In addition to your private boat lift, boaters will appreciate the public boat ramp only about half a mile away. Dog Island, featuring THE most private beaches on the Forgotten Coast, is just a short 12-minute boat ride from your dock for beach days, shelling, fishing, and peaceful walks on uncrowded shores. The charming fishing village of Carrabelle is only five minutes away, while St. George Island and Apalachicola are an easy drive west. Rarely does a waterfront property offer this combination of open-water views, luxury finishes, private dockage, outdoor living, and easy access to the best of the Forgotten Coast. No Wake Zone is more than a home—it’s a lifestyle.

Property Details

Property Type : Residential

Price : $825,000

AD Id : 76811764

MLS Id : 398211

Beds : 3

Lot Size : 0.36 Acre

Living Area Size : 1,600

Year Built : 1984

County : Franklin

Subdivision: Gulf Wynn

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Flooring Information

Hardwood
Interior Features

SplitBedrooms

Appliances: Dryer, IceMaker, Microwave, Oven, Range, Refrigerator, Washer
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, HeatPump Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric, HeatPump Water front: 1

Building Information

Year Built: 1984

Building Area Total: 1600

Construction Materials: FiberCement

Stories: 1

Private Pool: No

Water front Features: BayAccess,Gulf

View: Bay, Gulf
Exterior Features

Exterior Features: OutdoorKitchen

Lot Information

Lot Dimensions: 245x60x246x60 Lot Size Acres: 0.36

Property Information

Subdivision: GULF WYNN Source Property Type: Residential Property SubType: Detached Property Age: 42

Listing Price Information

Listing Price: $825000

Cash, Conventional

Tax Information

Parcel Number: 12037-12-07S-04W-3140-000A-0015 Tax Lot: 15 Tax Block: A Annual Tax: $2465

Virtual Tour

Virtual Tour (External Link)

Parking Information

Carport, ThreeOrMoreSpaces

School Information

Elementary School: OTHER COUNTY Junior High School: Franklin County Middle School Senior High School: Franklin County High School
Location Information

Direction: Highway 98E. Home 1/2 mile east of Lanark Market & boat ramp on water side of Hwy 98

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3150 Highway 98, Carrabelle, FL, 32322	$550,000	3	2	1,116	1,116 SqFt
3045 E 98 Highway, Carrabelle, FL, 32322	$435,000	3	2	1,536	1,536 SqFt
3077 Hwy 98 East, Carrabelle, FL, 32322	$519,000	4	3	2,700	2,700 SqFt
316 Royal Tern Way, Carrabelle, FL, 32322	$44,000	--	--	--
164 Royal Tern Way, Carrabelle, FL, 32322	$58,000	--	--	--
305 Royal Tern Way, Carrabelle, FL, 32322	$59,000	--	--	--
131-137 White Pelican Way, Carrabelle, FL, 32322	$129,000	--	--	--
130 & 134 White Pelican.., Carrabelle, FL, 32322	$78,000	--	--	--
396 Royal Tern Way, Carrabelle, FL, 32322	$425,000	3	2	1,800	1,800 SqFt
396 Royal Tern Way, Carrabelle, FL, 32322	$435,000	3	2	1,800	1,800 SqFt

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ByOwner last updated this listing 06/10/2026 @ 00:24

MLS: 398211 LISTED BY: John Brown, Beach Properties of Florida 850-252-4160 SOURCE: TBRMLS