Rare two-parcel opportunity near Florida's Forgotten Coast. Offered together, 140 Craig Street and the adjacent 148 Craig Street create a flexible coastal package with a move-in-ready home on one acre plus an additional one-acre residential lot next door. The home is a well-maintained coastal-style residence with 3 bedrooms, 2 baths, 1,884 square feet with a total space of 3260 square feet, and a one-acre setting, with features including tile and wood flooring, crown molding, fresh interior paint, solid wood interior doors, wide hallway, accessible hall bath, elevator, double-pane wind-rated windows, hurricane shutters, screened upper deck, screened lower porch, outdoor shower, garden area with irrigation, and ample storage. Major updates and practical features include a 2024 septic system with new drainfield and grinder, 2017 HVAC, 2023 refrigerator, 2021 dishwasher, 2024 gutters, new deck stairs in 2025, and maintained termite/pest control18. Outdoor and bonus spaces make this property especially compelling: a 24x36 barn with 10-foot doors for boats, equipment, or recreational toys; a 12x20 shed with electricity and mini-split A/C; and a detached 24x20 sunroom with electricity, mini-split, and mini-fridge for gatherings or overflow living space. The adjacent 148 Craig Street lot adds rare flexibility. This one-acre residential lot is cleared, level, and ready for your vision, with mature oaks and pines, electric and city water available, septic needed, county zoning, and a quiet cul-de-sac setting. Keep it for privacy, gardening, outdoor living, future building plans subject to county approvals, or long-term optionality. Located near Carrabelle's boating, fishing, beaches, forests, local history, and small-town coastal amenities, this package offers the space, and character buyers seek on Florida's Forgotten Coast. Carrabelle is known for its working waterfront, marinas, fishing, nearby white-sand beaches, local museums, restaurants, galleries, and uncrowded Old Florida atmosphere.