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Waterfront Manufacturing Facility
New
For Sale
$1,450,000

516 Hwy 98 W, Apalachicola, FL 32320

Commercial Sale, Apalachicola, FL

Property Size5,915 SF
Lot Size0.75 Acres
Price / SF$376.13
Days on Market3

Property Features for 516 Hwy 98 W

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Zoning description Commercial
Subdivision No Named Subdivision
View Water
Directions From downtown Apalachicola head west on Hwy 98. Property is approx 1600' past Ace Hardware on the left.
Standard status Active
APN 1109S08W000013800000
Size 3,855 SF
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Metes and Bounds
Tax Annual Amount 3402
Legal Description Metes and Bounds

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Water front 1

Amenities

upstairs apartment
screened upper-level area

Building Details

Year built 2019
Building materials Metal Siding, Steel Frame
Roof type Metal
Listing Agency: Berkshire Hathaway Homeservices - Sgi
Listed By: Shelley Shepard · License #3058243
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 12 at 1:06AM
MLS# 329483

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 2019, this C-1 manufacturing property includes approximately 5,915 square feet under roof, with approximately 3,855 square feet of heated space. The metal and steel-frame structure has large open production and storage areas, covered work space, multiple roll-up doors, concrete surfaces, elevated construction, and a screened upper-level area. Existing tanks, piping, and filtration infrastructure remain from the facility’s original aquaculture design. An upstairs apartment provides additional on-site space.

The 0.75-acre property fronts Highway 98 and includes a commercial dock extending into Two Mile Channel for direct deep-water access. Public water and public sewer serve the site. The configuration supports water-dependent operations such as aquaculture, seafood production, marine contracting, or research uses, subject to applicable requirements.

Key Highlights

  • Commercial dock extending into Two Mile Channel with direct deep‑water access
  • Approximately 5,915 square feet under roof, including approximately 3,855 square feet of heated space
  • 0.75‑acre site with Highway 98 frontage

Property Analytics

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Current Use

Manufacturing properties

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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

67
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Purpose-built metal facility with a commercial dock, heated production area, and direct access to Two Mile Channel.
Where is this manufacturing property located?
The property is located at 516 Hwy 98 W Apalachicola, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Commercial dock extending into Two Mile Channel with direct deep‑water access; Approximately 5,915 square feet under roof, including approximately 3,855 square feet of heated space; 0.75‑acre site with Highway 98 frontage
More about this property
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