Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6605 Gulf Blvd St Pete Beach, FL 33706

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,995,000

    Prime commercial building on Gulf Boulevard, over 4,000 square feet.

    Property size:
    4,126 SF
    Lot size:
    0.20 Acres

    Property Features for 6605 Gulf Blvd

    General Information

    Standard status
    Active
    Size
    4,126 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Jan Bruzas
    Source: Corcoran

    Listing Agency: NEXTHOME GULF TO BAY Listing Agent: Jan Bruzas

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

    Learn more

    Overview

    Gulf Boulevard Office/Retail Opportunity

    This commercial property on Gulf Boulevard offers over 4,000 square feet of space. Currently operating as a veterinary clinic, the building presents a versatile layout suitable for transformation into a modern office or retail establishment. The property benefits from a recently replaced roof in 2023 and a documented history of no water intrusion. Its location on Gulf Boulevard provides excellent visibility and high traffic. The interior footprint allows for multiple offices, collaborative workspaces, or an open-concept retail floor plan. The existing setup can be reconfigured to suit various professional needs, from a corporate headquarters to a showroom. This property is being sold as a package with 6552 Gulfwinds Drive, offering a strategic advantage for expanding a business or creating a larger, multi-purpose real estate portfolio.
    Location Intelligence

    Current Use by Public Records

    One Ear Bunny ... (Bike/Boat/Book/etc) Store St Pete Beach ... Veterinary Clinic Tisdale Nicole DVM Veterinary Clinic

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    St Pete Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7474903
    Latitude
    27.736636

    Nearby Similar for Sale

    • New
      $479,000
      1,400 SF

      St. Pete Beach Duplex Opportunity

      High-performing duplex near St. Pete Beach with income potential.
      410 73Rd Ave, St Pete Beach, FL 33706
      View Details
    • $949,000
      1,218 SF

      Income-Producing Duplex Near Gulf Coast

      Duplex in desirable location near Gulf and Intracoastal Waterway.
      104 18Th Ave, St Pete Beach, FL 33706
      View Details
    • New
      $749,000
      1,598 SF

      St. Pete Beach Triplex

      Income-generating triplex near St. Pete Beach with private yards.
      6378 Gulf Winds Dr, St Pete Beach, FL 33706
      View Details
    • $425,000
      Pending

      St. Pete Beach Duplex Opportunity

      Duplex in St. Pete Beach near Upham and Sunset Beaches.
      310 79Th Ave, St Pete Beach, FL 33706
      View Details
    • $415,000
      1,156 SF

      St. Pete Beach Duplex Opportunity

      Rare duplex near beach, park, and dining in St. Pete.
      316 76Th Ave, St Pete Beach, FL 33706
      View Details
    • $1,750,000
      2,938 SF

      Updated Quadruplex Near St. Pete Beach

      Four-unit property near St. Pete Beach, fully renovated and turnkey.
      650 70Th Ave, St Pete Beach, FL 33706
      View Details
    • $1,175,000
      2,032 SF

      St. Pete Beach Multifamily Opportunity

      Four-unit multifamily property near St. Pete Beach with income potential.
      7815 Boca Ciega Dr, St Pete Beach, FL 33706
      View Details
    • $1,050,000
      2,012 SF

      St. Pete Beach Turnkey Duplex

      Upscale, furnished duplex in desirable St. Pete Beach location.
      6855 Gulf Winds Dr, St Pete Beach, FL 33706
      View Details
    • $3,400,000
      10,964 SF

      Resort-Style Apartments on St Pete Beach

      Luxury multifamily property on world-famous St Pete Beach.
      8630 Blind Pass Rd, St Pete Beach, FL 33706
      View Details
    • $1,250,000
      1,640 SF

      St. Pete Beach Triplex Opportunity

      Triplex near St. Pete Beach with updated units and landscaping.
      627 70Th Ave, St Pete Beach, FL 33706
      View Details
    • $1,199,000
      2,421 SF

      St Pete Beach Triplex Investment

      Triplex in St Pete Beach with assumable mortgage.
      7700 Boca Ciega Dr, St Pete Beach, FL 33706
      View Details
    • $375,000
      Pending

      Duplex Near St. Pete Beach

      Duplex with rental income potential near beaches and amenities.
      117 73Rd Ave, St Pete Beach, FL 33706
      View Details

    FAQs

    What type of property is this?
    Office building - Prime commercial building on Gulf Boulevard, over 4,000 square feet.
    Where is this office building located?
    The property is located at 6605 Gulf Blvd St Pete Beach, FL.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Prime Gulf Boulevard location with high visibility and traffic.; - Over 4,000 sq ft of versatile space suitable for office or retail.; - Sold as a package with 6552 Gulfwinds Dr, offering expansion potential.
    (727) 510-1356
    Request Owner's contact information
    6605 Gulf Blvd St Pete Beach, FL 33706
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6605 Gulf Blvd
    St Pete Beach, FL 33706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6605 Gulf Blvd St Pete Beach, FL 33706
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jan Bruzas
    Real Estate License ID: BK359591,PersonLicenseNumber
    (727) 510-1356
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!