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Mixed-Use Building with Apartments
For Sale
$849,900

51 Market St, Apalachicola, FL 32320

Two renovated upper-level apartments complement a ground-floor commercial office configuration.

Property Size4,058 SF
Price / SF$209.44
Days on Market14

Property Features for 51 Market St

General Information

Standard status Active
Size 4,058 SF
Property subtype Commercial
Zoning C-1

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1996
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Beach Realty of Cape San Blas, Inc.
Listed By: Anthony Lucia · License #7_9
Source: Rishrealestategroup
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 25 at 3:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beach Realty of Cape San Blas, Inc.

Investment Insights

Based on property information with market context.

Located at 51 Market St in downtown Apalachicola, this 4,058-square-foot mixed-use property combines commercial space with residential accommodations. Built in 1996, the building is arranged with a ground-floor office area featuring a kitchen, bathroom, additional office space, and substantial storage. The upper level contains two recently renovated one-bedroom, one-bath apartments, each with an outdoor deck. The apartments are used as short-term rentals.

The property fronts Highway 98 within the Market Street Shopping District and carries C-1 zoning. The source information identifies professional office and retail space, light manufacturing, museums, restaurant-bar, and gallery uses within the zoning framework. The sale includes the building and land.

Key Highlights

  • 4,058 SF mixed‑use building on 51 Market St in downtown Apalachicola
  • Ground level includes office space, kitchen, bathroom, and storage
  • Two newly renovated apartments, each with 1 Bedroom and 1 Bath

Property Analytics

Current Use

Zl Ip LLC Restaurant Oyster Paws Hotel & Motel

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

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

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?
Mixed-use property - Two renovated upper-level apartments complement a ground-floor commercial office configuration.
Where is this mixed-use property located?
The property is located at 51 Market St Apalachicola, FL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 4,058 SF mixed‑use building on 51 Market St in downtown Apalachicola; Ground level includes office space, kitchen, bathroom, and storage; Two newly renovated apartments, each with 1 Bedroom and 1 Bath
More about this property
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