For sale

$475,000

115 Timber Island Rd #D, Carrabelle, FL 32322

3beds

1,368sqft

Est.:

Townhouse

Built in 2011

2,178 Square Feet Lot

$456,800 Zestimate^®

$347/sqft

$74/mo HOA

What's special

Stunning water viewsSpacious open-concept livingBright kitchen

Riverfront Living at the Carrabelle Boat Club Welcome to your slice of coastal paradise! This beautiful 3-bedroom, 3-bath home sits right on the Carrabelle River, offering stunning water views and direct access to the Gulf. Enjoy mornings on the porch watching boats pass, and evenings soaking in unforgettable sunsets over the water. Inside, you’ll find spacious open-concept living, a bright kitchen, and plenty of room for entertaining family and friends. With potential membership at the Carrabelle Boat Club, your boating lifestyle couldn’t be easier — launch, dock, and go explore the best of Florida’s Forgotten Coast. Whether you’re seeking a peaceful full-time residence, a weekend escape, or an investment opportunity, this riverfront gem offers it all.

150 days

116

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Dimensions: 15x15

Bedroom 2

Dimensions: 12x12

Bedroom 3

Dimensions: 12x10

Dining room

Dimensions: N/A

Family room

Dimensions: N/A

Kitchen

Dimensions: 15x10

Living room

Dimensions: 15x15

Appliances

Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer

Features

Has fireplace: No

Interior area

Total structure area: 1,368
Total interior livable area: 1,368 sqft

Property

Parking

Total spaces: 1
Parking features: Carport, One Space
Carport spaces: 1

Features

Stories: 2
Patio & porch: Deck
Exterior features: Fully Fenced, Outdoor Kitchen
Fencing: Fenced
Has view: Yes
View description: Canal, River
Has water view: Yes
Water view: Canal,River
Waterfront features: Canal Access

Lot

Size: 2,178 Square Feet

Details

Parcel number: 120371907S04W00000280002D
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Architectural style: Contemporary/Modern,Two Story
Property subtype: Townhouse

Condition

Year built: 2011

Community & HOA

Community

Subdivision: Poston Bayou

HOA

Has HOA: Yes
HOA fee: $888 annually

Location

Region: Carrabelle

Financial & listing details

Price per square foot: $347/sqft
Tax assessed value: $270,002
Annual tax amount: $4,487
Date on market: 11/7/2025
Cumulative days on market: 150 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$456,800

$434,000 - $480,000

$2,109/mo

Price history

Date	Event	Price
12/10/2025	Price change	$475,000-1%$347/sqft
Source: TBR #392994 Report a problem
11/7/2025	Listed for sale	$480,000+41.2%$351/sqft
Source: TBR #392994 Report a problem
8/25/2023	Sold	$340,000+74.4%$249/sqft
Source: Public Record Report a problem
2/21/2017	Sold	$195,000$143/sqft
Source: Forgotten Coast Realtor Association #257666 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,487 +65%	$270,002 +68.7%
2023	$2,719 -1.5%	$160,002
2022	$2,761 -8.9%	$160,002
2021	$3,030 -6.4%	$160,002
2020	$3,237	$160,002
2019	$3,237 +3.1%	$160,002
2018	$3,140 +13.9%	$160,002 +23.1%
2017	$2,756	$130,002
2016	$2,756 +0.5%	$130,002
2015	$2,742 -0.9%	$130,002
2014	$2,766	$130,002
2013	--	$130,002