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Mixed-Use Building with Apartments
For Sale
$1,349,000

37 E Pine Ave, Eastpoint, FL 32328

Commercial Sale, St. George Island, FL

Property Size3,648 SF
Price / SF$369.79
Days on Market89

Property Features for 37 E Pine Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial, Mixed Use
Subdivision Gulf Beaches Units 1-5
View Water
Directions East on East Pine from Franklin Blvd. First Building on the left.
Standard status Active
APN : 2909S06W7310001E0220
Size 3,648 SF

Taxes and HOA fees

Tax Description Lots 22-25,BL 1 E, U 1,SGIGB Plus lots 1-9 on the bayside of this building
Legal Description Lots 22-25,BL 1 E, U 1,SGIGB Plus lots 1-9 on the bayside of this building

Utilities

Sewer type Aerobic Septic
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Listing Agency: Jeff Galloway Real Estate
Listed By: Jeff Galloway · License #689322
Added: Jun 12 Changed: Sep 3 Last Checked: Sep 8 at 10:06PM
MLS# 328645

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.

Built in 1985, this 3,648-square-foot mixed-use property combines restaurant and bar space with two apartments on the upper floor. Central heating and central air conditioning serve the building, which is connected to public water and an aerobic septic system. A beer and wine license is included with the purchase.

The property is located at 37 E Pine Ave on St. George Island, directly across from St. George Inn and within a close walk of the Gulf of Mexico. The sale also includes nine additional lots, expanding the overall land component beyond the building site.

Key Highlights

  • 3,648‑square‑foot mixed‑use building constructed in 1985
  • Restaurant and bar configuration on the lower level
  • Two apartments located on the upper floor

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Big Box & Wholesale Store Grocery & Convenience Store

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

2
Residential units
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 32328, FL

3,721
Population
3,029
Households
1.2
Avg Household Size
51
Median Age
34%
College-Educated
91%
High-School Grad
85.8 sq mi
ZIP Area
43
Density / Sq Mi
$67,833
Median Household Income
$34,103
Median Earnings
$850
Median Rent
$341,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Mixed-use property - Restaurant and bar space occupy the lower level, with two apartments above.
Where is this mixed-use property located?
The property is located at 37 E Pine Ave Eastpoint, FL.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 3,648‑square‑foot mixed‑use building constructed in 1985; Restaurant and bar configuration on the lower level; Two apartments located on the upper floor
More about this property
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