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Prime St. Pete Beach Assemblage
For Sale
$6,000,000

5901 GULF BOULEVARD, St Pete Beach, FL 33706

Large-scale redevelopment opportunity on St. Pete Beach.

Property Size8,694 SF
Lot Size1.09 Acres
Price / SF$690.13
Days on Market127

Property Features for 5901 GULF BOULEVARD

General Information

Standard status Active
Size 8,694 SF
Lot size 1.09 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,931

Amenities

Central air
Pool
Public Pool
Central Air Cooling

Building Details

Year Built 2002
Listing Agency: KELLER WILLIAMS ST PETE REALTY
Listed By: LOU ZABRISKI · License #3299971
Source: Corcoran
Added: Apr 13 Changed: Aug 15 Last Checked: Aug 16 at 5:49AM

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 KELLER WILLIAMS ST PETE REALTY

Investment Insights

Based on property information with market context.

This multi-parcel assemblage, positioned along Gulf Boulevard at 59th Avenue, represents a large-scale redevelopment opportunity on St. Pete Beach. Spanning approximately 1.09 acres, the property includes a 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 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 is Sirata Beach Resort, a full-service beachfront resort with hundreds of hotel rooms and multiple dining venues. 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. 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. 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. The 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. The property has a size of 8694 square feet.

Key Highlights

  • Large‑scale redevelopment opportunity on St. Pete Beach (approx. 1.09 acres).
  • Highly visible location on Gulf Boulevard with strong daily traffic.**
  • Proximity to major hospitality anchors (Sirata Beach Resort, TradeWinds Island Resorts) driving consistent demand.

Property Analytics

Current Use

Subway Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Auto Repair Shop Storage Facility HVAC Service

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

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 49% Shops & Services 35% Apparel 9% Dining 7%
Hilton Garden Inn Hotels & Casinos
9,558 visits/mo 0.1 miles
7-Eleven Shops & Services
6,240 visits/mo 0.2 miles
Wings Beachwear Apparel
1,802 visits/mo 0.4 miles
SUBWAY Dining
1,439 visits/mo 0.1 miles
Hertz Shops & Services
541 visits/mo 0.2 miles

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Large-scale redevelopment opportunity on St. Pete Beach.
Where is this storefront property located?
The property is located at 5901 GULF BOULEVARD St Pete Beach, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Large‑scale redevelopment opportunity on St. Pete Beach (approx. 1.09 acres).; Highly visible location on Gulf Boulevard with strong daily traffic.**; Proximity to major hospitality anchors (Sirata Beach Resort, TradeWinds Island Resorts) driving consistent demand.
More about this property
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