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Waterfront Mixed-Use Property
For Sale
$980,000

446 US-98, Apalachicola, FL 32320

Commercial for Sale, FL

Property SizeContact for details
Lot Size0.84 Acres
Days on Market590

Property Features for 446 US-98

General Information

Property type Commercial Sale
Property subtype Other
Zoning Restaurant
Directions Hwy 98 to Apalachicola parcel is located just west of the Marathon gas station and Ace hardware on the South side of the road. Look for Signs
Subdivision 30 - Other Counties
Standard status Active
APN 11-09S-08W-0000-1310-0000
Lot size 0.84 Acres

Taxes and HOA fees

Tax Description NO NAMED SUBDIVISION 200 FT FACING HWY 98 E & W EXT TO BAY OR 169/255 OR/197/99
Legal Description NO NAMED SUBDIVISION 200 FT FACING HWY 98 E & W EXT TO BAY OR 169/255 OR/197/99

Utilities

Water front 1
Listing Agency: The Realty Firm Inc
Listed By: Anita L Williams · License #677358
Added: Jan 29, 2025 Changed: Sep 11 Last Checked: Sep 11 at 11:06PM
MLS# 968057

Copyright © 2026 Emerald Coast Association of Realtors. 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 three separate concrete-block buildings, each topped with a metal roof. The improvements comprise a former restaurant building, an oyster house, and a former store, offering varied existing structures within one commercial holding. Restaurant zoning is identified for the property.

The parcel contains 0.84 acres with 216 feet of bayfront on Apalachicola Bay and includes a dock. The site is located at 446 US-98 in Franklin County, Florida, providing a waterfront setting for a range of commercial property concepts supported by the existing improvements and zoning.

Key Highlights

  • 0.84‑acre parcel with 216 feet of bayfront on Apalachicola Bay
  • Three separate concrete‑block buildings
  • Metal roofs on all three buildings

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Auto Parts Store Electrical Service Restaurant

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

71
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three concrete-block buildings with metal roofs share a bayfront site with an existing dock.
Where is this mixed-use property located?
The property is located at 446 US-98 Apalachicola, FL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 0.84‑acre parcel with 216 feet of bayfront on Apalachicola Bay; Three separate concrete‑block buildings; Metal roofs on all three buildings
More about this property
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