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Historic Theater with Apartment
For Sale
Under Contract
$1,350,000

21 Ave E, Apalachicola, FL 32320

Commercial Sale, Apalachicola, FL

Property Size4,230 SF
Lot Size0.10 Acres
Price / SF$319.15
Days on Market118

Property Features for 21 Ave E

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Zoning description City, Commercial
Subdivision No Named Subdivision
Directions ACROSS STREET FROM CENTENNIAL BANK IN THE HEART OF HISTORIC DOWNTOWN APALACHICOLA
Standard status Active Under Contract
APN 0109S08W833000F20011
Size 4,230 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description A PART OF LOTS 1,2,3,AND 4, BLOCK F-2, CITY OF APALACHICOLA
Tax Annual Amount 0
Legal Description A PART OF LOTS 1,2,3,AND 4, BLOCK F-2, CITY OF APALACHICOLA

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1912
Listing Agency: Shaun S. Donahoe
Listed By: Shaun Donahoe · License #186180
Added: Jun 2 Changed: Sep 27 Last Checked: Sep 27 at 1:06PM
MLS# 320260

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 4,230-square-foot theater property in Apalachicola dates to 1912 and was renovated in 1998. The current interior arrangement accommodates 72 seats at orchestra-level tables, 62 seats in the mezzanine, and 50 seats in the balcony, creating several distinct audience areas within the venue.

The building also contains a 900-square-foot upstairs apartment with two bedrooms and two bathrooms. Known as the Rexford Suite, it has its own entrance and is available on Airbnb. The property is zoned C-1 and served by public water and public sewer. The address is 21 Ave E in Apalachicola, Florida.

Key Highlights

  • 4,230‑square‑foot theater property in Apalachicola
  • Current seating includes 72 at orchestra tables, 62 in the mezzanine, and 50 in the balcony
  • 900‑square‑foot upstairs apartment with 2 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Dixie Theatre Theater & Performing Art Venue

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Garden Center Plumbing Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 32320, FL

3,726
Population
2,104
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
83%
High-School Grad
32.0 sq mi
ZIP Area
116
Density / Sq Mi
$51,750
Median Household Income
$28,547
Median Earnings
$1,137
Median Rent
$239,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - C-1 property combines performance space with separately accessed residential quarters.
Where is this theater & concert hall located?
The property is located at 21 Ave E Apalachicola, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 4,230‑square‑foot theater property in Apalachicola; Current seating includes 72 at orchestra tables, 62 in the mezzanine, and 50 in the balcony; 900‑square‑foot upstairs apartment with 2 bedrooms and 2 bathrooms
More about this property
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