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.
For sale
Price cut: $5K (12/10)
$475,000
115 Timber Island Rd #D, Carrabelle, FL 32322
3beds
1,368sqft
Est.:
Townhouse
Built in 2011
2,178 Square Feet Lot
$455,600 Zestimate®
$347/sqft
$74/mo HOA
What's special
Stunning water viewsSpacious open-concept livingBright kitchen
- 57 days |
- 131 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 05:22am
Listed by:
Michael Jarmon II 850-631-2703,
Waypoint Properties
Source: TBR,MLS#: 392994
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: 57 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$455,600
$433,000 - $478,000
$2,071/mo
Price history
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
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 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,952/mo
Principal & interest
$2288
Property taxes
$424
Other costs
$240
Climate risks
Neighborhood: 32322
Nearby schools
GreatSchools rating
- 2/10Franklin County Schools Pk-12Grades: PK-12Distance: 10 mi
- NAFranklin Virtual Instruction ProgramGrades: K-12Distance: 13.8 mi
Schools provided by the listing agent
- Middle: Franklin County Middle School
- High: Franklin County High School
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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