Bay-Front Retail
5005 Gulf Boulevard St Pete Beach, FL 33706
5005 Gulf Boulevard, St Pete Beach, FL, 33706
Contact for pricing
For Sale
Contact for pricing
Single-story retail building with direct bay-side frontage and recent roof and HVAC improvements.
Property Size1,596 SF
Lot Size0.23 Acres
Price / SF$814.54
Days on Market14
Property Features for 5005 Gulf Boulevard
General Information
- Standard status
- Active
- Size
- 1,596 SF
- Lot size
- 0.23 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing agency
Yellowtail Realty Advisors LLC
(813) 453-6616
Listed by
Georgia Watson · License #FL BK3264151
Source
Crexi
Added: Jul 9 Updated: Jul 22 at 6:44PM Checked: Jul 22 at 6:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yellowtail Realty Advisors LLC
Investment Insights
Based on property information with market context.
5005 Gulf Boulevard is a 1,596 SF, single-story retail building situated on 0.23 acres with direct bay-side frontage along Boca Ciega Bay. The property was originally constructed in 1971 and has undergone multiple renovations. A new roof was installed in 2018, and a brand-new HVAC system was installed in May 2026 with a 5-year parts warranty and a 2-year labor warranty.
The building is currently occupied by Dollar Car Rental, which has operated at the location continuously since 1991. The property is leased under a Modified Gross structure (8th Amendment). The tenant is currently in the 3rd year of its final option term, which commenced March 1, 2024.
An independent appraisal completed in 2024 valued the property at $1,000,000. The Modified Gross structure is designed to be compared to a possible future restructure to Triple Net (NNN) upon renewal or with a new tenant, which would shift property insurance, flood insurance, all property taxes, and capital improvement responsibilities to the tenant.
The building is currently occupied by Dollar Car Rental, which has operated at the location continuously since 1991. The property is leased under a Modified Gross structure (8th Amendment). The tenant is currently in the 3rd year of its final option term, which commenced March 1, 2024.
An independent appraisal completed in 2024 valued the property at $1,000,000. The Modified Gross structure is designed to be compared to a possible future restructure to Triple Net (NNN) upon renewal or with a new tenant, which would shift property insurance, flood insurance, all property taxes, and capital improvement responsibilities to the tenant.
Key Highlights
- 1,596 SF single‑story bay‑front commercial building on 0.23 acres with direct bay‑side frontage on Gulf Boulevard (State Road 699)
- Built in 1971; multiple renovations reported, and the property is described as being in excellent physical condition
- New roof installed in 2018
Property Analytics
Location Intelligence
Current Use by Public Records
Dollar Car Rental
Car Rental Facility
Thrifty Car Rental ...
Car Rental Facility
Thrifty
Car Rental Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-story retail building with direct bay-side frontage and recent roof and HVAC improvements.
Where is this retail space located?
The property is located at 5005 Gulf Boulevard St Pete Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,596 SF single‑story bay‑front commercial building on 0.23 acres with direct bay‑side frontage on Gulf Boulevard (State Road 699); Built in 1971; multiple renovations reported, and the property is described as being in excellent physical condition; New roof installed in 2018
