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    515-525 Bay Isles Pkwy Longboat Key, FL 34228

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    For Lease
    $30 SF/Yr ($3,247 /Mo)

    Retail space available in Longboat Key, Florida.

    Property size:
    1,299 SF
    Lot size:
    11.36 Acres

    Property Features for 515-525 Bay Isles Pkwy

    General Information

    Size
    1,299 SF
    Lot size
    11.36 Acres

    Source: Crossman & Company - Corporate Agent Sandra Woodworth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Longboat Key

    Located in the Sarasota market within Manatee County, this retail space is situated on an 11-mile-long barrier island. The location benefits from a market composed of second homeowners, retirees, and working professionals. The property represents the only grocery option on the island. The nearest retail center is approximately four miles south. Longboat Key caters to upscale and sophisticated residents, with a year-round population of 7,000, which peaks at 22,000 during the season. The property was part of a new construction project, with Publix redeveloping the entire center and reopening in December 2012. The area features top income demographics in the state of Florida. An excellent restaurant opportunity exists on the endcap, with outdoor patio seating available. The available retail space is 1299 square feet.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Clothing Store Pharmacy Gym & Fitness Hotel & Motel Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longboat Key
    County
    Manatee
    State
    Florida
    Longitude
    -82.623025
    Latitude
    27.368134

    Nearby Similar for Lease

    • Contact for pricing
      1,500 SF

      Retail Space on Longboat Key

      Prime retail space with high visibility on Gulf of Mexico Drive.
      3120 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details
    • Contact for pricing
      1,551 SF

      Gulf of Mexico Drive Retail

      Retail, restaurant, and office spaces available on Gulf of Mexico.
      5350-5380 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail space available in Longboat Key, Florida.
    Where is this grocery and convenience store located?
    The property is located at 515-525 Bay Isles Pkwy Longboat Key, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Only grocery option on the island, a true destination location.; - Excellent restaurant opportunity with an outdoor patio.; - Brand new construction, redeveloped in 2012.
    (813) 210-7509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515-525 Bay Isles Pkwy Longboat Key, FL 34228
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