The school known first as Olympia School, now known as the Apollo School, held its first classes in October 1925.

In 1923, New York-based architects Treanor and Fatio were selected by the Olympia Improvement Corporation to design the new city of Olympia, which would occupy some of the area formerly known as Hobe Sound. Olympia's buildings were to be in Greek style, and the streets named after Roman and Greek gods. Work on the plans for the city and the adjacent Olympia Beach began in October 1924.  

The next year, the Olympia Improvement Corporation was bought by a group whose vision was to bring movie production companies and movie stars to what now would be called Picture City. 

Martin became a county in 1925, and in October of that year, the Martin County School Board designated Olympia's two-room schoolhouse, "The Picture City School". In 1926, Picture City abandoned its plans and much of the property was sold at a bankruptcy sale.

The building, now known as Hobe Sound School, was in use as a school until the new Hobe Sound Elementary School on Gomez Avenue opened for the 1962/63 school year.

Once it was no longer being used as a school, the building for a time housed a thrift shop benefiting the Hobe Sound First Aid Squad.

Then it slipped into disrepair. In 2000, the Apollo School Foundation purchased the building to rehabilitate it and open it for use as a historical museum and cultural arts and educational facility. In 2002, the Olympia School was listed on the National Register of Historic Places, the only building in Hobe Sound to be so named.

Rehabilitation and maintenance of the building, which are ongoing, are supported by public and private donations as well as money raised at events and fundraisers. The Apollo School is not taxpayer-funded.

Mission
The Apollo School Foundation is committed to maintaining the historical aspects of the former two-room schoolhouse and enhancing its impact on Hobe Sound and Martin County as a cultural arts and educational facility by providing "a window on the past, a focus on the future".

Vision
The historic, iconic Apollo School will continue to be a community-minded, historic landmark in Martin County that offers a distinctive view of the past and a focus on the future with cultural, educational and historical offerings to the people of Hobe Sound and Martin County.

Board of Directors
The Apollo School Foundation is led by an active, all-volunteer board: Sue Butler, Deborah Carrington, Cindy Fucigna, Merriam Holt, Sue Martin, June Overholt, Russ Overholt, Phyllis Parker, Stephanie Restuccio, Kathy Spurgeon and Peggy Wagner.