




1002 Gulf Ave, Carrabelle, FL, 32322
About This Home
LUXURY GULF-FRONT RETREAT | INVESTMENT OPPORTUNITY 1002 Gulf Ave, Carrabelle, FL 32322 Where Coastal Luxury Meets Investment Potential Welcome to your dream Gulf-front escape—a rare opportunity to own a fully remodeled, high-end coastal home with breathtaking, unobstructed views of Dog Island and direct access to the pristine waters of Florida’s Forgotten Coast. This stunning 5-bedroom, 2-bathroom two-story residence blends timeless craftsmanship (brick, cypress, and geo stone) with modern luxury upgrades, creating the perfect balance of elegance, durability, and comfort. Property Highlights • Direct Gulf/Sound Frontage with panoramic water views • 5 Spacious Bedrooms | 2 Bathrooms • 2- Car Garage + New Concrete Driveway • Professionally Maintained Yard with Full Sprinkler System • Optional Additional Gulf-Front & Adjacent Lots Available Fully Remodeled with Premium Upgrades • New 26-Gauge Standing Seam Metal Roof • New Hurricane-Impact Windows • New Luxury Exotic Hardwood Floors throughout • New Concrete Tile Flooring (Kitchen & Master Bath) • New Custom Cabinetry + Granite Countertops (Kitchen & Baths) • New Frigidaire & Whirlpool Stainless Steel Appliances • New 60-Gallon Water Heater • Updated Lighting & Ceiling Fans Throughout City water and sewer Designed for Coastal Living Enjoy the outdoors from your expansive screened-in front porch stretching the entire length of the home—perfect for dining, relaxing, and soaking in the peaceful sounds of the nearby creek and Gulf breeze. The downstairs master suite offers a private retreat with stunning water views, featuring a spa-inspired custom tile walk-in shower with built-in seating. Investment & Income Potential • Ideal for Airbnb / Short-Term Rental • High-demand Gulf Coast destination • Estimated rental income: $85K–$140K+ annually Investor opportunity: Purchase the home alone or maximize value with additional lots, including Gulf-front parcels with water access. About Carrabelle – Florida’s Hidden Gem Nestled along the Gulf in Franklin County, Carrabelle offers a rare blend of Old Florida charm and natural beauty: • World-class fishing & boating • Uncrowded, pristine beaches (Carrabelle Beach, Dog Island) • Laid-back coastal lifestyle ???? from crowds • Access to Tate’s Hell State Forest for outdoor adventure • Local landmarks like Crooked River Lighthouse Plus, you’re just a short drive to: • St. George Island – renowned for white-sand beaches • St. James Bay Golf Club – championship golf & amenities A Rare Opportunity Whether you’re seeking a luxury coastal residence, a high-performing vacation rental, or a multi-lot investment opportunity, this property delivers unmatched value on the Gulf. Contact me for additional details, or to schedule a private showing. Ask about bundle pricing options for home + additional lots
Getting Around
Schools
Construction
Condition
- Year built: 1974
Materials
- Roof: Metal
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Tile,Hardwood
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Electric
- Cooling features: Central
Interior Area
- Total interior livable area: 3,402 sqft
Property
Features
- Exterior features: Stone,Wood,Brick
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
Parking
- Total spaces: 2
- Parking features: Garage - Attached
