Great development opportunity in Carrabelle, FL near St. James Bay!! 24 Acres approved for 64 Single-Family Lots Adjacent to St. James Bay asking $768, 000 //// 4 Acres Approved for 48 Apartments also available for $384, 000 located next to the rehab facility! //// 78 Acre Parcel Option includes both above (balance is lowlands, wetlands & row). These parcels offer a chance to get something moving quickly in a growing coastal market.