128 22nd Avenue, Apalachicola

Franklin County Real Estate - Apalachicola

 

Today Apalachicola is a charming, but quiet town located in the panhandle near the coast. However, it was once the third largest shipping port on the gulf coast. The over 900 historic sites and buildings give insight to what the city was like over a hundred years ago. Visitors looking to experience "old Florida" will enjoy staying in one of Apalachicola's numerous bed and breakfasts as well as browsing the town's quaint, old-fashioned shops. The charm and history of Apalachicola is hard to find anywhere else in Florida.

One of the largest aspects of Apalachicola's economy is the oyster industry. Apalachicola Bay is one of the US's largest estuaries and a source for much of the country's seafood. However, in recent years the oyster population has drastically declined due to the dwindling stream of water coming from two rivers flowing from Georgia as well as overharvesting in 2010 after the BP oil spill. This has had drastic negative consequences on Apalachicola's $6 million seafood industry. Florida's governor Rick Scott has asked to declare the area a fishing disaster.

Apalachicola is in North West Florida. It's population as recorded in the 2010 Census was 2,231. Apalachicola is approximately 65 miles from Tallahassee (population 181,376) and around 50 miles from Panama City (population 36,484).

The median age for residents of Apalachicola is 43.7. Around 25.2% of Apalachicola households include school aged children and 32.5% of households include individuals aged 65 years or over. Census records indicate 66.9% of the Apalachicola population are White, 26.4% are Black or African American, .6% American Indian, .3% Asian and 2.4% are Two or more Races.

There are 1,352 housing units in Apalachicola. 360 (26.6%) of these were reported as vacant in the 2010 Census. Apalachicola is a tourist destination, 42.5% (153) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 447 residential rental units in Apalachicola. 377 of them were occupied in 2010 providing a residential rental vacancy rate of 14.8%.

Apalachicola links:

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Franklin County

Franklin County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Gadsden, Leon, Jefferson, and Wakulla counties. One of Franklin County's largest industries is seafood, supplying for than 90% of Florida's Oysters and 10% of the nations. Commercial timber and tourism are also large industries. Franklin County beaches have been ranked some of the most beautiful in the world.

Top private sector employers for Franklin County are Weems Memorial Hospital, Leavins Seafood, and Greensteel Homes. Major public sector employers are Franklin County and Florida Department of Corrections. Cities, towns, and islands in Franklin County include Apalachicola (county seat), Carrabelle, Cape St. George Island, Dog Island, and St. Vincent.

Neighboring Properties

AddressTypeSq FtClass 
P O Box 173 Vacant Residential 0 L
P.O. Box 173 Single Family 1,072 B
P O Box 446 Single Family 1,378 B
162 22nd Ave Single Family 1,876 B
P.O. Box 279 Single Family 1,294 B
Scarabin Richard F Jr Single Family 838 B
120 22nd Street Single Family 1,992 B
151-24th Ave Single Family 2,795 B
125 22nd Ave Single Family 1,609 C
25 Bayview Dr Single Family 1,059 C
146-21st Street Single Family 1,265 C
144 21st Ave Single Family 1,272 B
164 22nd Ave Single Family 1,697 B
219 Ellis Van Vleet Street Single Family 1,432 C
163 - 22nd Avenue Single Family 1,066 B
135 Ave D Single Family 1,985 B
135 Ave D Single Family 1,985 B
140-21st Street Single Family 1,750 B
165 24th Ave Single Family 819 B
164 23rd Ave Single Family 1,374 B
164 23rd Ave Single Family 1,374 B
C/O Paula Mclaurin Single Family 2,580 B
147-21st Ave Single Family 1,320 B

Local Household Income

The median household income in this part of Florida is $51,243. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $116,481 per year. The top 1% earn more than $304,147 per year. Most renters earn between $17,940 (20th percentile) and $34,860 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,486 and $128,108.

The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $163,992 per year who should qualify for a mortgage between $327,984 and $409,980.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $743. Most renters earn between $1,495 and $2,905 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $456 (20th percentile) to $1,002 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $1,524 per month and a monthly household income of $4,432 ($53,184 per year)

Nearby Companies

Mel Livington, LLC
12 Ellis Van Vleet St
Disclaimers and Disclosures

Public Records Data

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