Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21 21St Ave E Apalachicola, FL 32320

    For Sale
    $1,250,000

    Improved Commercial - Apalachicola, FL

    Property size:
    4,230 SF
    Lot size:
    0.10 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 21 21St Ave E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    01-09S-08W-8330-00F2-0011
    Size
    4,230 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1912
    Architectural style
    Other

    ST. JOE COMMUNITY SALES INC (850) 231-6547

    Listing agent Shaun Donahoe (850) 653-8330

    Listing date Oct 16, 2025

    MLS# 320260 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Theater with Apartment Suite

    This improved commercial property, a crown jewel of the ongoing historic downtown Apalachicola restoration, opened in 1912 and was renovated in 1998. The current seating arrangement includes 72 seats at tables in the orchestra, 62 in the mezzanine, and 50 in the balcony, offering superior acoustics. The building includes a 900 square foot 2-bedroom, 2-bathroom upstairs apartment, known as the Rexford Suite, with a separate entrance. The Rexford Suite is available on Airbnb and VRBO. The property is zoned C-1 and the price is for the real estate only; the theater business can be negotiated separately. The property size is 4,230 square feet and the lot size is 0.1 acres. A survey will determine the exact flood zone. The property can be found at 21 Ave E, Apalachicola, FL 32320.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dixie Theatre Performing Arts Theater

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apalachicola
    County
    Franklin
    State
    Florida
    Longitude
    -84.984614
    Latitude
    29.728264

    Nearby Similar for Sale

    • $1,290,000
      2,993 SF

      Historic Downtown Apalachicola Commercial Property

      Charming, fully-licensed short-term rental property in historic Apalachicola, Florida.
      19 Leslie St, Apalachicola, FL 32320
      View Details
    • $659,000
      3,600 SF

      Apalachicola Commercial Property on Highway

      High-visibility commercial property with showroom, offices, and large work area.
      631 Hwy 98 W, Apalachicola, FL 32320
      View Details
    • $3,000,000
      12,376 SF

      Mixed-Use Commercial Asset in Apalachicola

      Income-producing mixed-use property in Apalachicola's vibrant downtown district.
      76 Market St, Apalachicola, FL 32320
      View Details
    • $365,000
      1,071 SF

      Apalachicola Mixed-Use Commercial Property

      High-visibility mixed-use commercial property in Apalachicola, Florida, with expansion potential.
      229 Hwy, Apalachicola, FL 32320
      View Details
    • $650,000
      2,611 SF

      Downtown Apalachicola Commercial Building

      Commercial building in historic district with drive-up window and parking.
      47 Avenue F, Apalachicola, FL 32320
      View Details
    • $465,000
      398 SF

      Waterfront Commercial Property in Apalachicola

      Waterfront commercial property with existing structure and dock for sale.
      608 Hwy, Apalachicola, FL 32320
      View Details

    FAQs

    What type of property is this?
    Theater & concert hall - Restored theater with apartment in historic Apalachicola downtown.
    Where is this theater & concert hall located?
    The property is located at 21 21St Ave E Apalachicola, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Historic building opened in 1912, part of downtown Apalachicola restoration; - Includes a 900 sq ft 2BR/2BA upstairs apartment ('Rexford Suite') with separate entrance; - Apartment is rentable via Airbnb and VRBO
    (850) 653-8330
    Request Owner's contact information
    21 21St Ave E Apalachicola, FL 32320
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 21St Ave E
    Apalachicola, FL 32320
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 21St Ave E Apalachicola, FL 32320
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.