2523 Palmetto Ter

$45,000
Price
14,374 / 0.33
Lot Size / Acres

Description

Coastal double lot, cleared, buildable, and ready for your vision. This spacious .33-acre parcel sits on a paved road just two blocks from Lanark Marina and a few minutes from downtown Carrabelle. With city water and sewer access and a storage shed for added convenience, it's perfect for your beach retreat or full-time residence. Enjoy the charm of Florida’s Forgotten Coast with this affordable, beautifully located lot!Coastal double lot, cleared, buildable, and ready for your vision. This spacious .33-acre parcel sits on a paved road just two blocks from Lanark Marina and a few minutes from downtown Carrabelle. With city water and sewer access and a storage shed for added convenience, it's perfect for your beach retreat or full-time residence. Enjoy the charm of Florida’s Forgotten Coast with this affordable, beautifully located lot!
  1. Listed by Angela Nichols • Coastwise Realty

Property Details for 2523 Palmetto Terrace

Waterfront
No
Subdivision Name
Gulf Terraces
LISTING UPDATED: 11/15/2025 01:13 AM

Property Details for 2523 Palmetto Terrace

StatusActive
MLS #393034
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.33 AC
CountyFranklin County

Location

Listing Courtesy of Coastwise Realty
Add your commute

Building Information for 2523 Palmetto Terrace

Lot Size0.33 AC

Payment Calculator

$249 per month

30 year fixed, 6.28% Interest

Principal and Interest

$222

Property Taxes

$27

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2523 Palmetto Terrace

Summary
Location and General Information
  • City: Lanark Village
  • County Or Parish: Franklin
  • Directions: South on Coastal Hwy (US-98/US-319) for 25.5 mi. Turn rt on Apalachee St, then rt on Palmetto Terr
  • Postal Code: 32323
  • Latitude: 29.8858
  • Longitude: -84.5939
  • State Or Province: FL
  • Topography: Cleared
  • Road Surface Type: Paved
Taxes and HOA Information
  • Parcel Number: 12037-07-07S-03W-3121-0003-0170
  • Tax Block: 3
  • Tax Lot: 17&18
School Information
  • Elementary School: Other
  • High School: Franklin County High School
  • Middle Or Junior School: Franklin County Middle School
Property
Lot Information
  • Lot Features: LessThanOneAcre
  • Lot Size Acres: 0.33
  • Lot Size Dimensions: 120x121x120x121
Property and Assessments
  • Possible Use: Residential
  • Development Status: FinishedLots, Subdivided
  • Other Structures: Sheds
  • Property Type: Land
  • Property Sub Type: UnimprovedLand
  • Property SubType Additional: UnimprovedLand
  • Human Modified: No
  • Road Responsibility: PublicMaintainedRoad
Utilities
  • Sewer: NotConnectedNearby, PublicSewer
  • Utilities: ElectricityAvailable, SewerAvailable, WaterAvailable
  • Water Source: Public
Rental
Rental Information
  • Lease Considered: No

Property History for 2523 Palmetto Terrace

DateEvent & SourcePriceAppreciation
Nov 9, 2025

Expired

CATRS #385751

Nov 8, 2025

Listed (Active)

CATRS #393034

$45,000
Nov 5, 2025

Withdrawn

CATRS #385751

Sep 9, 2025

Price Change

CATRS #385751

$45,000
Jun 9, 2025

Price Change

CATRS #385751

$50,000
May 9, 2025

Listed (Active)

CATRS #385751

$60,000
Mar 24, 2009

Sold (Public Record)

Public Record #594398429

$34,100
DateEvent & SourcePrice
11/09/2025

Expired

CATRS #385751

11/08/2025

Listed (Active)

CATRS #393034

$45,000
11/05/2025

Withdrawn

CATRS #385751

09/09/2025

Price Change

CATRS #385751

$45,000
06/09/2025

Price Change

CATRS #385751

$50,000
05/09/2025

Listed (Active)

CATRS #385751

$60,000
03/24/2009

Sold (Public Record)

Public Record #594398429

$34,100

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2523 Palmetto Terrace

Taxable ValueLand$46,000Additions-Total$46,000
Tax Record2024$323 ($27 / month)
Home Facts
Beds0Lot Size7,248 SqFtStyleResidentialCountyFRANKLINAPN07-07S-03W-3121-0003-0170

Schools near 2523 Palmetto Terrace

This home is within Franklin.
Rating
School
Type
Grades
Distance
Charter - PK to 8
Public - PK to 12
Public - PK to 12
Public - 5 to 12
Rating
School
Distance
Apalachicola Bay Charter School
CharterPK to 8

Franklin County Schools Pk-12
PublicPK to 12

Franklin District Virtual Course Program
PublicPK to 12

Franklin County Learning Center 5-12
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2523 Palmetto Terrace is a 0.33 ac of land for sale in Carrabelle, FL 32322. This property was listed for sale on November 8, 2025 by Coastwise Realty, it's currently listed at $45,000. It has been on the market for a total of 39 days and was last sold on March 24, 2009. This listing's school district is Franklin. Nearby schools include Apalachicola Bay Charter School, Franklin County Schools Pk-12 and Franklin District Virtual Course Program. 2523 Palmetto Terrace is a 0-bed, 0-bath, 0.33 ac of land on a 14,374 sq. ft. / 0.33 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coastwise Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.