Listing Agency: The Naumann Group Real Estate, Inc m***@ccim.net Show Phone

Listed By: Brian Messer · License #FL 646515

Source: Crexi

Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 2:14PM

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Investment Insights

Based on property information with market context.

This property is an operating retail outfitter business on St. George Island, offering professional-quality fishing gear and accessories, as well as kayaks, paddle boards, and coastal-lifestyle apparel. The inviting store totals 2,100 square feet and is complemented by a 900 square foot warehouse positioned behind the store, with both the store and warehouse included in the sale.

The business is located on the main road on the island, and the purchase includes a parking lot comprised of two lots. The property sits across multiple lots, with the warehouse on an additional lot behind the store.

The current operation serves visitors to the island and customers staying long term or visiting the state park for the day. St. George Island is described as drawing over 250,000 visitors yearly, with a rental market of over a thousand beach homes reported to be at 100% occupancy during high season from Memorial Day through Labor Day. The remarks also state sales increased by approximately 20% as of May 2022.

Key Highlights

• Operating Florida Coastal Outfitters store plus rentals on St. George Island (22‑mile barrier island).
• 1,000+ beach homes are in the rental market with 100% occupancy during high season (Memorial Day to Labor Day).
• Store is 2,100 SF with an additional 900 SF warehouse; both store and warehouse are included in the sale.

Property Analytics

Current Use

Cape & Coast Premier ... Vacation Rental

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

188

Businesses Nearby

Explore this area Business Placement

Demographics for 32328, FL

3,721

Population

3,029

Households

1.2

Avg Household Size

51

Median Age

34%

College-Educated

91%

High-School Grad

85.8 sq mi

ZIP Area

43

Density / Sq Mi

$67,833

Median Household Income

$34,103

Median Earnings

$850

Median Rent

$341,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Operating outfitter store with equipment and rentals, plus an additional warehouse on separate lots included with the sale.

Where is this retail space located?

The property is located at 235 E Gulf Beach Dr Saint George Island, FL.

What are key features of this property?

This property features: Operating Florida Coastal Outfitters store plus rentals on St. George Island (22‑mile barrier island).; 1,000+ beach homes are in the rental market with 100% occupancy during high season (Memorial Day to Labor Day).; Store is 2,100 SF with an additional 900 SF warehouse; both store and warehouse are included in the sale.