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Two-Story Mixed-Use Building
For Sale
$799,900

51 Market St, Apalachicola, FL 32320

Commercial Sale, Apalachicola, FL

Property Size3,500 SF
Lot Size0.06 Acres
Price / SF$228.54
Days on Market50

Property Features for 51 Market St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Zoning description Commercial, Mixed Use
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Subdivision No Named Subdivision
View Water
Directions Highway 98/Market St. Block north of the Franklin County Courthouse
Standard status Active
APN 0109S08W833000C20130
Size 3,500 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BL C-2, Lot 13, COA
Tax Annual Amount 9114
Legal Description BL C-2, Lot 13, COA

Utilities

Sewer type Public Sewer
Water source Public

Amenities

kitchen
bathroom
office space
storage
spacious outside decks

Building Details

Year built 1996
Building materials Brick, Frame
Roof type Metal
Listing Agency: Beach Realty Of Cape San Blas, Inc.
Listed By: Anthony Lucia · License #7_9
Added: Aug 15 Changed: Sep 21 Last Checked: Oct 3 at 4:06AM
MLS# 329234

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 3,500-square-foot mixed-use property combines commercial and residential components within a two-story building constructed in 1996. The main level includes a sizable office area, kitchen, bathroom, and storage. Upstairs are two recently renovated one-bedroom, one-bath apartments with outdoor decks; both are used as short-term rentals.

The property occupies 0.06 acres at 51 Market St in Apalachicola, along Highway 98 in the Market Street shopping district. C-1 zoning supports professional office and retail uses, light manufacturing, museums, restaurant-bar operations, galleries, and other uses identified in the Apalachicola City Zoning Codes. The building features brick and frame construction, a metal roof, public water, and public sewer.

Key Highlights

  • 3,500‑square‑foot mixed‑use building on 0.06 acres
  • Ground‑level commercial area with office, kitchen, bathroom, and storage space
  • Two 1‑bedroom, 1‑bath apartments on the second level

Property Analytics

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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

1
Office units
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
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with two renovated apartments and private outdoor decks.
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 $799,900.
What are key features of this property?
This property features: 3,500‑square‑foot mixed‑use building on 0.06 acres; Ground‑level commercial area with office, kitchen, bathroom, and storage space; Two 1‑bedroom, 1‑bath apartments on the second level
More about this property
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