Listing provided courtesy of AMERICAN REALTY OF PSL LLCas Distributed by MLSGrid- MLS# MFROK225319MLS Provider

394 ROYAL TERN WAYCARRABELLE, FL 32322

Vacant Land · 0.23 Acres
$39,500 Active

394 ROYAL TERN WAY Overview

Time on Site:
372 days
Visits:
3

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.

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394 ROYAL TERN WAY Facts & Features

  • Type Vacant Land
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association Name: St. James Bay Property Owners
  • Association: Yes

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Franklin
  • MLS Area Major: 32322 - Carrabelle
  • Subdivision Name: THOMAS BAY ST
  • Township: 07

Tax Information

  • Tax Annual Amount: 277
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Owner Financing
  • Ownership: Fee Simple
  • Parcel Number: 05-07S-03W-1001-000E-0310
  • Pets Allowed: Yes
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: RES

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: IRR
  • Lot Size Square Feet: 10184
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Electrical Nearby,Public,Underground Utilities,Water Available

394 ROYAL TERN WAY Neighborhood

Community

32322 (CARRABELLE) Demographics

44
Median Age
34
Population Density (per sq. mile)
18%
College Educated
$38,727
Estimated Median Income
773
Estimated Total Home Owners
225
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

394 ROYAL TERN WAY Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

394 ROYAL TERN WAY Market Data

Based on the last 30 days in this zip code

$440,598
Average List Price
$291
Average Price per Square Foot
0
Properties Sold
71
Average Days on Market
101
Properties for Sale
Calculations provided by Reliance Network

394 ROYAL TERN WAY History

Date Event Value Agent
10/20/2025Source: My Florida Regional MLS Price Reduction
$39,500 -1.0%
6/23/2025Source: My Florida Regional MLS Added to Database
June 23, 2025