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Corey Ave - Vaughn Law + Elizabeth’s Boutique 350 Corey Ave 9,500 SF 100% Leased Office Building Saint Pete Beach, FL 33706 $1,550,000 ($163.16/SF)



Investment Highlights
- Prime Corey Avenue location within a highly walkable retail corridor
- Strong pedestrian traffic driven by the Sunday Market and surrounding retail activity
- Located within the Town Center district with ongoing investment and redevelopment in the area
- Stable two-tenant mix with Vaughn Law and Elizabeth’s Boutique
- Rear parking provides functional support in a parking-constrained market
Executive Summary
Positioned in the heart of Corey Avenue, this boutique retail property offers a rare opportunity to acquire a stabilized, walkable street-retail asset in one of St. Pete Beach’s most recognizable commercial districts. Corey Avenue serves as a central gathering point for both residents and visitors, with a strong mix of restaurants, shops, and neighborhood-serving businesses.
The property benefits from consistent pedestrian activity driven by its walkable layout, proximity to the beach, and recurring community events. The Corey Avenue Sunday Market is a key driver of weekly foot traffic, bringing a steady flow of visitors directly into the corridor and supporting surrounding retail performance. The nearby Beach Theatre further enhances the area’s identity as a destination-oriented district.
The building is leased to Vaughn Law and Elizabeth’s Boutique, providing a complementary tenant mix that adds stability to the income stream. Vaughn Law benefits from prominent signage and visibility along the corridor, while Elizabeth’s Boutique contributes to the experiential retail character of Corey Avenue.
The site includes rear parking, offering practical functionality for tenants and visitors. The layout allows for efficient use of the space and supports tenant operations in a market where parking is limited and highly valued.
Tenants are well-established and comfortable in the space, contributing to the overall stability of the property. Over time, the asset presents the opportunity for rental growth as the corridor continues to strengthen and surrounding investment increases.
Corey Avenue is located within the City’s Town Center zoning district, which is intended to support walkable retail, dining, and mixed-use development. Ongoing planning efforts and nearby redevelopment activity, including proposed projects within the Corey Avenue district, continue to reinforce the long-term viability and growth of the area.
This offering presents a balanced investment profile with stable income today and the potential for future appreciation in a highly constrained beach retail market.
All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information.
This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Call Jake Wollman 239-272-7006 for details on the portfolio offering and to schedule a private showing. Please do not approach or disturb the tenants.
The property benefits from consistent pedestrian activity driven by its walkable layout, proximity to the beach, and recurring community events. The Corey Avenue Sunday Market is a key driver of weekly foot traffic, bringing a steady flow of visitors directly into the corridor and supporting surrounding retail performance. The nearby Beach Theatre further enhances the area’s identity as a destination-oriented district.
The building is leased to Vaughn Law and Elizabeth’s Boutique, providing a complementary tenant mix that adds stability to the income stream. Vaughn Law benefits from prominent signage and visibility along the corridor, while Elizabeth’s Boutique contributes to the experiential retail character of Corey Avenue.
The site includes rear parking, offering practical functionality for tenants and visitors. The layout allows for efficient use of the space and supports tenant operations in a market where parking is limited and highly valued.
Tenants are well-established and comfortable in the space, contributing to the overall stability of the property. Over time, the asset presents the opportunity for rental growth as the corridor continues to strengthen and surrounding investment increases.
Corey Avenue is located within the City’s Town Center zoning district, which is intended to support walkable retail, dining, and mixed-use development. Ongoing planning efforts and nearby redevelopment activity, including proposed projects within the Corey Avenue district, continue to reinforce the long-term viability and growth of the area.
This offering presents a balanced investment profile with stable income today and the potential for future appreciation in a highly constrained beach retail market.
All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information.
This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Call Jake Wollman 239-272-7006 for details on the portfolio offering and to schedule a private showing. Please do not approach or disturb the tenants.
Property Facts
Sale Type
Investment
Property Type
Building Size
9,500 SF
Building Class
B
Year Built
1940
Price
$1,550,000
Price Per SF
$163.16
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,500 SF
Building FAR
1.04
Lot Size
0.21 AC
Zoning
TC-1 - Commercial
Parking
8 Spaces (0.84 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 36-31-15-77994-054-0040 | Improvements Assessment | $215,509 |
| Land Assessment | $549,491 | Total Assessment | $765,000 |
Property Taxes
Parcel Number
36-31-15-77994-054-0040
Land Assessment
$549,491
Improvements Assessment
$215,509
Total Assessment
$765,000
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Corey Ave - Vaughn Law + Elizabeth’s Boutique | 350 Corey Ave
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