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Investment Highlights
- 1st floor contains long term retail lease with annual escalations, creating reliable cash flow
- Property did not flood and was undamaged by both 2024 hurricanes
- Limited commercial inventory on Beach Boulevard keeps vacancy low
- 2nd floor is being used as Airbnb, and will be sold fully furnished, but can be used as apartment, retail, or office space
- Located along Gulfport’s primary commercial corridor, only steps away from the beach and Gulfport’s legacy bars and restaurants
- Growing interest from St. Petersburg spillover as rents in that market continue to rise
Executive Summary
3062 Beach Blvd S is a true trophy asset in the heart of one of Pinellas County’s best beach towns. Sitting high and dry in both 2024 hurricanes, flexibility of use on the second floor, and a long term retail lease in place on the first floor, this building provides an investor or owner/user the opportunity to collect income while watching their investment appreciate alongside the city of Gulfport.
The first floor is leased to Sober Bar, a café serving coffee, tea, mocktails, and light food service. Sober bar signed a long-term lease with annual increases in January of 2026. The second story is currently used as an Airbnb, and will be sold fully furnished. A buyer has the opportunity to continue operating the second floor as an Air B&B, rent it on an annual basis, use it as their own residence, or use the floor as an office/retail space.
The first floor is leased to Sober Bar, a café serving coffee, tea, mocktails, and light food service. Sober bar signed a long-term lease with annual increases in January of 2026. The second story is currently used as an Airbnb, and will be sold fully furnished. A buyer has the opportunity to continue operating the second floor as an Air B&B, rent it on an annual basis, use it as their own residence, or use the floor as an office/retail space.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,580 SF
Building Class
B
Year Built
1989
Price
$1,750,000
Price Per SF
$678.29
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.07 AC
Zoning
WRD - Waterfront Redevelopment District
Amenities
- Air Conditioning
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 33-31-16-74592-000-0030 | Improvements Assessment | $670,827 |
| Land Assessment | $529,173 | Total Assessment | $1,200,000 |
Property Taxes
Parcel Number
33-31-16-74592-000-0030
Land Assessment
$529,173
Improvements Assessment
$670,827
Total Assessment
$1,200,000
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3062 Beach Blvd S
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