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$1,450,000 Just Listed
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Property Description
Purpose-built WATERFRONT commercial facility on Two Mile Channel in Apalachicola, with a commercial dock. Constructed in 2019 and originally designed for oyster spat production, this substantial metal building offers approximately 5,915 square feet under roof, including approximately 3,855 square feet of heated space, on a .75-acre site with direct deep-water access. The property's commercial dock extends into Two Mile Channel, providing exceptional access for marine-based operations, aquaculture, seafood production, research, or other water-dependent commercial uses. The building is designed around functionality, with expansive covered work areas, multiple roll-up doors, substantial concrete surfaces, elevated construction, extensive utility infrastructure and large open production and storage areas. Existing tanks, piping and filtration-related infrastructure reflect its original aquaculture use and may offer significant value to an operator seeking a facility already configured for a water-intensive business. A screened upper-level area overlooks the channel, while the elevated design creates additional usable covered space below. An upstairs apartment adds another layer of flexibility for an owner, manager or onsite personnel. The property combines industrial capability with a waterfront setting rarely found in a commercial facility, with sweeping views across the channel toward Apalachicola Bay. Highway 98 frontage provides convenient regional access while the dock connects directly to the surrounding waterways. For an aquaculture operator, seafood-related business, marine contractor, research facility or entrepreneur needing both substantial workspace and direct water access, 516 Highway 98 West offers a compelling combination of infrastructure, location and adaptability. Adjacent .58 acre lot to the east is also listed for sale!
Full Property Details
Full Property Details for 516 Hwy 98 W
General
- Price: $1,450,000
- Taxes: $3,402 (2025)
- Status: Active
- Type: Commercial
- Source: 933
- MLS ID: 329483
- Updated: 9/10/2026
- Added to Site: 1 day(s) ago
Interior
- Furnishings: Unfurnished
Location
- Area: Apalachicola
- Subdivision: No Named Subdivision
- Building Name: Apalachicola Oyster Company
- Driving Directions: From downtown Apalachicola head west on Hwy 98. Property is approx 1600' past Ace Hardware on the left.
Heating & Cooling
- Cooling Type: HVAC
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Construction Status: Construction Complete
- Exterior Const.: Metal Siding, Steel Frame
- Roof: Metal
- Ceiling Height: 14
- Square Feet: 800
- Living Area: 3,055 Sq. Ft.
- Year Built: 2019
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: irreg
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Tax Amount: $3,402
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: Metes and Bounds
- Property ID: 11-09S-08W-0000-1380-0000
Listed by Berkshire Hathaway HomeServices - SGI
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Schools
Schools serving 516 Hwy 98 W
School District:Franklin County School District, Eastpoint, FL
| Name | Grades | Distance |
|---|---|---|
Franklin Virtual Instruction Program 85 School Road, Eastpoint, FL 32328 | K-12 | 8.4 mi |
Franklin County Schools Pk-12 1250 U.S. 98, Eastpoint, FL 32328 | PK-12 | 12.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 Hwy 98 W
Date
Details
Price
Change
Source
9/10/2026
Listed
$1,450,000
544.44%
MLS
6/30/2018
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 Hwy 98 W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,403
3%
$424,373
—
2024
$3,291
—
$426,140
—
2023
$3,285
30%
$427,907
62%
2022
$2,535
12%
$264,674
29%
2021
$2,268
159%
$205,428
206%
2019
$875
-5%
$67,148
—
2018
$922
3%
$67,148
—
2017
$897
5%
$67,148
—
2016
$854
4%
$67,148
28%
2015
$824
20%
$52,660
10%
2014
$688
1%
$47,873
—
2013
$683
—
$47,873
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 Hwy 98 W
516 Hwy 98 W, Apalachicola, FL 32320 (MLS# 329483) is a Commercial property. 516 Hwy 98 W is currently listed for $1,450,000 and was received on September 10, 2026. Want to learn more about 516 Hwy 98 W? Do you have questions about finding other Commercial real estate for sale in Apalachicola? You can browse all Apalachicola real estate or contact a Coldwell Banker agent to request more information.

