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$849,000

SELLER IS WILLING TO NEGOTIATE PAYING A PORTION OF THE BUYERS CLOSING COST! Waterfront luxury awaits in this custom-built 2021 home located in the desirable Angler's Harbor community on the Carrabelle River. Enjoy incredible boating amenities including a community pool, private boat ramps, community dock, and assigned boat slip. Built for comfort and durability, the home features a standing seam metal roof, elevator, ground-level storage room, generator ready and storm shutters on the sliding glass doors leading to the deck. The first living level offers a spacious primary suite with breathtaking river views, a sitting area, walk-in closet, and a spa-like ensuite featuring a soaking tub, custom tile walk-in shower, and double vanity. A guest bedroom with its own private ensuite and a conveniently located laundry room complete this level. Upstairs, the open-concept living, dining, and kitchen area is designed to maximize natural light and panoramic river views. The well-appointed kitchen features stainless steel appliances, abundant cabinetry, and a large breakfast bar perfect for entertaining. The living room opens to a spacious covered porch overlooking the Carrabelle River, creating the perfect place to relax and enjoy the waterfront lifestyle. A third bedroom and full bathroom are also located on this level, providing additional space for family and guests. The seller also owns two adjacent lots and an additional boat slip, all of which may be purchased separately. Whether you're looking for a primary residence, vacation home, or investment property, this exceptional riverfront home offers quality construction, stunning views, and direct access to some of the best boating and fishing on Florida's Forgotten Coast.

3 Beds ⋅ 4 Baths ⋅ 328911 MLS

121 Anglers Harbor Ln, Carrabelle

$829,000

Cole's Lodge presents a rare opportunity to acquire a proven, income-producing coastal lodging business in the heart of Carrabelle. This turnkey operation includes all FF&E, the established business entity, website, branding, and goodwill, offering a seamless transition for an investor or owner-operator seeking immediate cash flow in a supply-constrained market. The property features eight units—seven 1BR/1BA suites and one 2BR/1BA unit (one unit will need interior construction completed), along with two additional RV sites (one 30-amp and one 50-amp), each with water and sewer connections. The RV sites are currently not included in the financial projections, offering meaningful upside for a buyer looking to expand revenue streams with minimal additional investment. Cole's Lodge has been thoughtfully updated and is positioned to capture the steady demand generated by anglers, eco-tourists, contractors, and Forgotten Coast travelers seeking clean, convenient accommodations. Its location on Highway 98 offers excellent visibility and easy access to downtown Carrabelle, the public boat ramp, marinas, and the beaches of St. George Island. Based on conservative occupancy assumptions and an occupancy rate of 47% (AirDNA reports the Carrabelle submarket averages 49%), the projected Year-1 rental income is approximately $131,955, with an estimated Net Operating Income of $88,718. These figures are projections only and are available upon request. These projections do not include income from the two RV sites, which represent additional revenue potential for the next owner. Whether you're expanding a hospitality portfolio or stepping into your first owner-operator venture, Cole's Lodge delivers a compelling blend of stability, scalability, and coastal charm. Opportunities like this—an established business with strong branding, multiple income channels, and room to grow—rarely come to market along the Forgotten Coast.

325048 MLS ⋅ Cole's Lodge BLDG.

1001 Hwy 98 E, Carrabelle

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