Franklin County Homes under $500,000

Franklin County Homes under $500,000

Welcome to Franklin County, Florida, a hidden gem nestled along the stunning Gulf Coast. Known for its breathtaking natural beauty, this region boasts pristine beaches, lush forests, and charming coastal towns. From the picturesque shores of St. George Island to the quaint streets of Apalachicola, Franklin County offers a unique blend of tranquility and adventure, making it the perfect place to call home.

For those looking to invest in a slice of paradise without breaking the bank, Franklin County presents an enticing opportunity. With a variety of homes available under $500,000, you can find the perfect property that fits your lifestyle and budget. Whether you’re seeking a cozy beach cottage, a spacious family home, or a charming bungalow in the heart of town, there’s something for everyone in this vibrant community.

Living in Franklin County means embracing a lifestyle rich in outdoor activities. Enjoy fishing, boating, and kayaking in the abundant waterways, or explore the scenic hiking trails that wind through the lush landscapes. The area is also renowned for its seafood, with local restaurants offering fresh catches that tantalize the taste buds.

In addition to its natural wonders, Franklin County is known for its friendly community and laid-back atmosphere. Here, you’ll find a welcoming environment where neighbors become friends and local events bring everyone together.

Discover your dream home in Franklin County today, where coastal living meets affordability, and every day feels like a vacation!

Newest Franklin County Homes under $500,000

112 Opal Chambers, Apalachicola
$230,000
3 Beds ⋅ 20 Baths ⋅ 795840 MLS
Looking for a place with character, privacy and room to make it your own? Tucked among the trees on 1.16 acres, this 1935 Apalachicola cottage offers the cozy feel of a cabin in the woods while sitting approximately two miles from historic downtown and about 20-25 minutes from the white-sand beaches of St. George Island. The 1,288-square-foot home features three bedrooms, two full bathrooms, a Florida room, open living and dining areas, a brick fireplace, a dedicated office or bonus room and an oversized laundry room. Outside, the spacious property offers plenty of room for boats, recreational vehicles, gardens and outdoor projects, along with an electrical hookup for an RV and a large detached workshop for storage, hobbies or workspace. Located in Flood Zone X with no HOA, this property is ready for its next owner to bring fresh ideas, complete the remaining projects and create a retreat that is uniquely their own.

112 Opal Chambers, Apalachicola
no property photo
$399,000
3 Beds ⋅ 3 Baths ⋅ 795544 MLS
Nestled within the serene confines of St. James Bay Golf Resort in Franklin County, Florida, this spacious 1,685 sq ft penthouse corner unit offers an unparalleled living experience. Boasting three generously sized bedrooms, each with its own ensuite bathroom, this condo provides ample space and privacy for residents and guests alike. The residence is adorned with a delightful golf-themed decor, paying homage to the classic comedy Caddyshack, and features an open-concept living area that seamlessly integrates the kitchen, dining, and living spaces. Large windows and a private balcony offer stunning views of the 18th hole, allowing you to soak in the beauty of the Audubon Signature Sanctuary golf course. The original developers personal unit, this condo includes upgrades and finishes not found in other units -- making it a standout both in design and function. As a true top-floor corner unit, it boasts a rare, fully unobstructed view of the course and surrounding natural landscape -- something most other units simply can't offer. Inside, you'll find two king bedrooms and a third bedroom with four twin beds, all within a smart and spacious 3-bath layout. Amenities include a dedicated condo pool, ample parking with boat storage, and access to the on-site Crooked River Grill & Bar. Optional resort memberships offer additional perks like a gym, tennis courts, and pickleball. Located just minutes from Carrabelle and within easy reach of Eastpoint, Apalachicola, and St. George Island, this turnkey condo offers both lifestyle and investment potential in one of the Gulf Coast's best-kept secrets. Furnishings are negotiable, making it move-in or rental-ready from day one. There are two exterior storage units that convey, one on the 3rd floor and one in the parking garage. All measurements should be verified. Any special assessments will be paid prior to or at closing. There is a Master Association for grounds and bayside park, which includes a pavilion, dock kayak storage and fire pits. The cost is an additional $120/quarter. Additionally, cable and internet are required at $148/month.

331 Eagles Way Unit 331, Carrabelle
56 School Road, East Point
$325,000
4 Beds ⋅ 2 Baths ⋅ 792951 MLS
Experience the best of Florida's Forgotten Coast with this beautifully freshly updated 4-bedroom, 2-bath home in the heart of Eastpoint. Situated on a .43-acre lot, this move-in-ready home offers the space you need and the coastal lifestyle you've been dreaming of. Just minutes from Apalachicola Bay, public boat ramps, beautiful beaches, and world-class fishing, you'll have endless opportunities to enjoy boating, kayaking, scallop harvesting, and everything the Gulf Coast has to offer. Inside, you'll find a freshly renovated interior that's ready for its new owners. Outside, the spacious yard provides plenty of room for entertaining, storing your boat, or simply relaxing after a day on the water. Property Highlights: 4 bedrooms, 2 bathrooms Freshly updated and move-in ready .43-acre lot Spacious yard with room for a boat or outdoor toys Covered front porch with an accessible ramp and covered screened back porch. Outdoor shower, cook shed and fenced back yard. Located in the charming coastal community of Eastpoint Minutes from boat ramps, Apalachicola Bay, St. George Island, and some of Florida's best fishing and seafood Whether you're searching for a full-time residence, a coastal retreat, or an investment property, this Eastpoint home offers the perfect combination of comfort, convenience, and coastal charm. ALL OFFERS WELCOME! *Pictures virtually staged*

56 School Road, East Point
1804 E Gulf Beach Drive Unit K11, St George Islan
$389,000
1 Beds ⋅ 1 Baths ⋅ 778423 MLS
PROVEN RENTAL INCOME + GULF VIEWS! This updated 1BR/1BA townhome in the desirable Three Hundred Ocean Mile community generated approximately $23,300 in rental income from January through August--averaging nearly $3,000 per month during that period! With room to sleep up to 4 guests, Gulf and pool views, and easy beach access, this turnkey property offers an attractive opportunity for investors or buyers looking for their own coastal retreat. Perfectly positioned just steps from the community pool and boardwalk beach access, the location offers the features vacationers are looking for on St. George Island. The private bedroom and sleeper sofa provide comfortable accommodations for up to four guests. Recent improvements make this property truly move-in and rental ready, including a new AC unit, quartz kitchen countertops, new lower cabinets, updated appliances, fresh interior paint, updated furnishings, and a beautifully remodeled bathroom. A new roof provides additional value and peace of mind. Additional features include covered parking, established rental history, and the flexibility to enjoy the property personally while taking advantage of its rental potential. Whether you're searching for an income-producing investment, personal beach getaway, or a combination of both, this updated townhome offers Gulf views, desirable amenities, proven rental performance, and easy access to the beautiful beaches of St. George Island.

1804 E Gulf Beach Drive Unit K11, St George Islan
59 Ave D, Apalachicola
$499,000
4 Beds ⋅ 4 Baths ⋅ 777715 MLS
HEART of historic Apalachicola--59 Ave D presents an exceptional multi-unit property that combines charm, convenience, and thoughtful modern upgrades in one of the Gulf Coast's most beloved small towns. Recently remodeled, each of the four 1-bedroom, 1-bath units blends contemporary finishes with classic Apalachicola character. Every unit features its own kitchen and living area for privacy and comfort, plus an efficient mini-split HVAC system, a washer and dryer, and a private porch or balcony--perfect for relaxing and soaking in the neighborhood's appeal. Units A and B come fully furnished, offering immediate move-in or rental income potential. A tankless Rinnai on-demand hot water system provides energy-efficient comfort throughout. The lush backyard green space creates a peaceful retreat for gardening, unwinding, or enjoying the Florida sunshine, while the inviting shared porches--upstairs and down--offer the perfect spot for morning coffee, friendly chats, or watching the quiet street life go by. With no short-term rentals permitted, the setting remains serene and community-focused, making this an ideal choice for stable, long-term investment or multi-generational living. Just steps from vibrant downtown Apalachicola, you'll enjoy easy access to boutique shops, acclaimed restaurants, art galleries, and the scenic riverfront. From weekend markets to lively festivals, everything that defines the town's laid-back coastal lifestyle is within walking distance. Whether you choose to live in one unit and lease the others or secure a fully updated property in a prime location, 59 Ave D is a rare opportunity. Be sure to check out the high def 3D video tour. Call for your private tour & LIVE THE BEACH LIFE!

59 Ave D, Apalachicola
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