St. Pete Beach: Mixed Use Redevelopment

For Sale

Gulf Boulevard and 59th Avenue in St. Pete Beach, St Pete Beach, FL 33706

This St Pete Beach property for sale is located at Gulf Boulevard and 59th Avenue in St. Pete Beach. The current listed sale price for St. Pete Beach: Mixed Use Redevelopment is $6,500,000. St. Pete Beach: Mixed Use Redevelopment is situated on a lot that is 1.11 acre in size.

Contacts

broker

Harold Holder

KW Commercial Tampa Bay

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,694 SF
  • Units 5
  • Lot Size 1.11 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jul 1, 2024
Located in the City of St. Pete Beach, the properties comprise 6 contiguous lots designated as 5 individual tax parcels. The property has access points from 59th Avenue, Gulf Boulevard, 60th Avenue and Gulf Winds Drive.Introducing a mixed-use redevelopment opportunity in the heart of St. Pete Beach, Florida. This portfolio of properties is being offered off-market only. Potential seller financing is available for highly qualified buyers. The properties comprise 6 contiguous lots designated as 5 individual tax parcels. There are five structures with a combined total of 8,694 heated square feet. The property has access points from 59th Avenue, Gulf Boulevard, 60th Avenue and Gulf Winds Drive. Currently utilized as a combination of retail and residential buildings with 48,325 SF of land for redevelopment. The prime location presents a lucrative redevelopment opportunity with heavy traffic and visibility on Gulf Boulevard, just one block from the beach. The property is surrounded by high income demographics, heavy tourism and successful high-end retail. The CC-2 zoning allows for mixed use development to include office or retail on the ground floor with residences on the second and third floor. The area fosters a pedestrian-friendly environment, allowing for residential uses as part of a mixed-use development. Initial site and zoning review indicates a potential for approximately 22,000 SF of residential for 13 units and over 10,000 SF of commercial supported by more than 85 parking spaces and a park for residents and pedestrians. Existing tenants are open to relocation and/or lease buyouts depending on existing lease terms and renewals currently in place. Additional information and price guidance is available by request with a signed NDA.

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Highlights

  • Over an acre in the heart of St. Pete Beach
  • Prime visibility on Gulf Boulevard
  • One block from the beach
  • Multiple access points
  • Surrounded by high income demographics, tourism and high-end retail
  • Favorable CC-2 zoning allows for mixed use development
  • Pedestrian-friendly environment

Getting around

  • 66/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St Pete Beach, FL
  • Neighborhood Downtown St. Pete Beach
  • Zip Code 33706
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Edgemont Key Ferry

    8.15 miles

  • Exxon

    0.79 miles

  • Mobil

    0.83 miles

  • Citgo

    2.59 miles

  • Shell

    2.66 miles

  • Rally

    3.05 miles

  • 7-Eleven

    3.24 miles

  • Nova Charge

    6.99 miles

  • J1772 Charger

    7.08 miles

  • ChargePoint

    7.36 miles

  • Tesla Supercharger

    8.87 miles

  • Island Inn Parking

    2.21 miles

  • T.H.E. Insurance Parking

    2.79 miles

  • Bilmar Parking

    2.92 miles

  • Lot 8

    5.88 miles

  • lot 2

    5.88 miles

  • Lot 6

    5.92 miles

  • Lot 1

    5.98 miles

  • Lot 3

    5.99 miles

  • Lot 4

    6.00 miles

  • Subway

    0.02 miles

  • Snappers Sea Grill

    0.02 miles

  • Boulevard Burgers and Tap House

    0.04 miles

  • Skidder's Restaurant

    0.06 miles

  • RumFish Grill

    0.08 miles

  • RumFish Grill Restaurant

    0.08 miles

  • Coconut Charlie's Restaurant

    0.11 miles

  • Dunkin'

    0.11 miles

  • Coconut Charlies Beach Bar

    0.17 miles

  • Caddy's Saint Pete Beach

    0.18 miles

  • Publix

    0.77 miles

  • Walmart Neighborhood Market

    1.84 miles

  • Winn-Dixie

    1.99 miles

  • Earth Origins Market

    2.87 miles

  • Circle K

    3.69 miles

  • Walmart Supercenter

    3.83 miles

  • TJ Maxx

    3.99 miles

  • Bealls Outlet

    4.00 miles

  • bealls Outlet

    4.00 miles

  • Ross

    4.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Harold Holder

KW Commercial Tampa Bay