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Mixed-Use Restaurant and Apartments
For Sale
$1,349,000

37 E Pine Ave, Eastpoint, FL 32328

COMMERCIAL - St. George Island, FL

Property Size3,648 SF
Price / SF$369.79
Days on Market51

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: Jun 18 Last Checked: Aug 1 at 6:06AM
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.

This mixed-use property includes a restaurant and bar along with two apartments on the upper level. The sale also includes nine additional lots, expanding the overall package beyond the core building. A beer and wine license comes with the purchase, and the seller notes that interior photos of the restaurant and bar are forthcoming.

The building is positioned on St. George Island with a close walk to the Gulf of Mexico. The property is directly across from St. George Inn, providing a straightforward, recognizable location.

For buyers looking for a combined hospitality and residential setup, the layout supports reopening the restaurant and bar while continuing to rent the two upstairs apartments. With the license included and the additional lots included in the sale, the property may also appeal to owners seeking flexibility within a single consolidated acquisition.

Key Highlights

  • Mixed‑use building with restaurant, bar, and two apartments upstairs
  • Includes beer and wine license with the purchase
  • 9 additional lots included with the property

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
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
Well-served
Demand for This Use

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?
Conventional restaurant - Mixed-use building with a restaurant/bar, two upstairs apartments, and included beer and wine license for ongoing operations.
Where is this conventional restaurant 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: Mixed‑use building with restaurant, bar, and two apartments upstairs; Includes beer and wine license with the purchase; 9 additional lots included with the property
More about this property
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