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Investment Highlights
- Rare approximately 1.09-acre assemblage along Gulf Boulevard in St. Pete Beach
- Multiple parcels assembled into a contiguous redevelopment footprint
- Existing commercial uses provide interim income and optionality
- Direct proximity to Sirata Beach Resort and TradeWinds Island Resorts, driving consistent tourism demand
- Flexible opportunity for mixed-use, hotel, condo-hotel, or retail-driven development
- Located in one of Florida’s most trafficked beachfront corridors with strong daily traffic counts and tourism flow
Executive Summary
Positioned along Gulf Boulevard at 59th Avenue, this multi-parcel assemblage represents one of the few remaining large-scale redevelopment opportunities on St. Pete Beach. Spanning approximately 1.09 acres, the property includes a strategic collection of parcels currently improved with restaurant and service-oriented uses, including the Subway site, Boulevard Burgers, a florist, and a salon.
The assemblage occupies a highly visible location along the primary north-south corridor of the Gulf beaches, benefiting from strong daily traffic and direct proximity to major hospitality anchors. Directly across Gulf Boulevard, Sirata Beach Resort is a full-service beachfront resort with hundreds of hotel rooms and multiple dining venues, including Rum Runners. Nearby, TradeWinds Island Resorts spans a large multi-property footprint and continues to invest in renovations and long-term repositioning.
This concentration of hotel density creates a consistent demand driver for retail, restaurant, and experiential uses, supporting both existing operations and future redevelopment potential.
The current ownership has assembled these parcels over time, creating a contiguous footprint that is increasingly difficult to replicate. The site offers scale, frontage, and depth that position it well for a range of future concepts, including mixed-use development, hotel or condo-hotel configurations, or retail-driven projects with residential components.
Existing improvements provide optionality for interim income while redevelopment plans are evaluated. Ownership is offering the assemblage as a combined opportunity but may consider the sale of individual parcels, providing flexibility for different buyer strategies.
A portion of the property located behind the Subway site is currently utilized as commercial space and is believed to fall within the overall commercial zoning framework; however, buyers should independently verify zoning, use, and development parameters for all parcels.
With its location, scale, and surrounding demand drivers, this offering presents a compelling opportunity for investors and developers seeking to establish a presence along one of Florida’s most active beachfront corridors.
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 assemblage occupies a highly visible location along the primary north-south corridor of the Gulf beaches, benefiting from strong daily traffic and direct proximity to major hospitality anchors. Directly across Gulf Boulevard, Sirata Beach Resort is a full-service beachfront resort with hundreds of hotel rooms and multiple dining venues, including Rum Runners. Nearby, TradeWinds Island Resorts spans a large multi-property footprint and continues to invest in renovations and long-term repositioning.
This concentration of hotel density creates a consistent demand driver for retail, restaurant, and experiential uses, supporting both existing operations and future redevelopment potential.
The current ownership has assembled these parcels over time, creating a contiguous footprint that is increasingly difficult to replicate. The site offers scale, frontage, and depth that position it well for a range of future concepts, including mixed-use development, hotel or condo-hotel configurations, or retail-driven projects with residential components.
Existing improvements provide optionality for interim income while redevelopment plans are evaluated. Ownership is offering the assemblage as a combined opportunity but may consider the sale of individual parcels, providing flexibility for different buyer strategies.
A portion of the property located behind the Subway site is currently utilized as commercial space and is believed to fall within the overall commercial zoning framework; however, buyers should independently verify zoning, use, and development parameters for all parcels.
With its location, scale, and surrounding demand drivers, this offering presents a compelling opportunity for investors and developers seeking to establish a presence along one of Florida’s most active beachfront corridors.
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
| Price | $6,000,000 | Number of Properties | 5 |
| Price / SF | $520.52 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,527 SF |
| Status | Active | Total Land Area | 1.11 AC |
| Price | $6,000,000 |
| Price / SF | $520.52 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 11,527 SF |
| Total Land Area | 1.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 101 59th Ave, Saint Pete Beach, FL 33706 | Office | 2,408 SF | 1954 | - |
| 5905 Gulf Blvd, Saint Pete Beach, FL 33706 | Retail | 3,130 SF | 1947 | - |
| 5955 Gulf Winds Dr, Saint Pete Beach, FL 33706 | Retail | 2,122 SF | 1947 | - |
| 5995 Gulf Winds Dr, Saint Petersburg, FL 33706 | Retail | 2,229 SF | 1947 | - |
|
Subway
5901 Gulf Blvd, Saint Petersburg, FL 33706 |
Retail | 1,638 SF | 2002 | - |
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Gulf Blvd / 59th Ave Assemblage
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