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Waterfront Land with River Frontage
For Sale
$5,750,000

323 Water St, Apalachicola, FL 32320

Commercial Sale, Apalachicola, FL

Property Size5,203 SF
Lot Size1.65 Acres
Price / SF$1,105
Days on Market225

Property Features for 323 Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial, General Commercial, Mixed Use
Subdivision Greater Apalach
View Water, River
Directions COMING IN TO APALACHICOLA FROM THE WEST ON HWY 98 CONTINUE STRAIGHT TO WATER STREET-- TURN LEFT AND GO THREE BLOCKS -PROPERTY WILL BE ON BOTH THE LEFT AND RIGHT SIDE OF THE STREET
Standard status Active
APN 0109S08W833000000320
Size 5,203 SF
Lot size 1.65 Acres

Taxes and HOA fees

Tax Description THERE ARE 4 PARCEL ID'S 01-09S-08W-8330-0000-0320 & 0330 & 0340 PLUS 01-09S-08W-00JI-0010 THAT ENCOMPASS 345 WATERFRONT FEET ON THE APALACHICOLA RIVER PLUS 17 LOTS ACROSS THE ST- OWNER OWNS THE LAND UNDER APPROXIMATElY 80% OF THE LENGTH OF THE DOCK.
Legal Description THERE ARE 4 PARCEL ID'S 01-09S-08W-8330-0000-0320 & 0330 & 0340 PLUS 01-09S-08W-00JI-0010 THAT ENCOMPASS 345 WATERFRONT FEET ON THE APALACHICOLA RIVER PLUS 17 LOTS ACROSS THE ST- OWNER OWNS THE LAND UNDER APPROXIMATElY 80% OF THE LENGTH OF THE DOCK.

Utilities

Sewer type Public Sewer
Water source Public
Water front features River Front
Water front 1

Building Details

Year built 1940
Listing Agency: Suncoast Realty
Listed By: Gordon Adkins · License #3094438
Added: Feb 11 Changed: Sep 3 Last Checked: Sep 24 at 5:06PM
MLS# 326342

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 1.65-acre waterfront land property includes 345 feet of deep-water frontage along the Apalachicola River. Two separate structures provide existing office and storage space, with the improvements dating to 1940. Fuel storage tanks are also located on the property.

An area across the street is available for parking or other supporting uses. The property is served by public water and public sewer, and the existing structures may be renovated for alternative purposes. The combination of river frontage, existing improvements, and utility service supports a range of commercial land and redevelopment considerations.

Key Highlights

  • 1.65‑acre waterfront land property
  • 345 feet of deep‑water frontage on the Apalachicola River
  • Two separate structures with office and storage space

Property Analytics

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Current Use

Waterfront Land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

434
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Riverfront commercial land includes existing office and storage structures, fuel storage tanks, and public utility service.
Where is this waterfront land located?
The property is located at 323 Water St Apalachicola, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 1.65‑acre waterfront land property; 345 feet of deep‑water frontage on the Apalachicola River; Two separate structures with office and storage space
More about this property
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