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    111 Boardwalk Pl Madeira Beach, FL 33708

    Sponsored
    For Lease
    Contact for pricing

    Prime Madeira Beach location, multiple suites available.

    Lot size:
    12,570 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A, three-story retail and restaurant property, located at 111 Boardwalk Pl W, Madeira Beach, FL 33708, boasts 12,570 square feet of space on a 2.8-acre lot. Built in 2008, the building features two suites, with a vacant 5,997 square feet currently available. Suite 201, a second-generation restaurant, offers approximately 3,637 rentable square feet, including an expansive dining area seating up to 120 guests and a 1,550 square foot outdoor terrace with Gulf of Mexico views. The kitchen is fully equipped with two ventilation hoods, two walk-in freezers, and an industrial dishwasher. Suite 203 comprises approximately 2,360 rentable square feet, featuring a bar, overflow seating, and a 1,360 square foot outdoor terrace. The building includes two parking spaces, an elevator, and is conveniently located near the intersection of Boardwalk Place W and John's Way. The property is zoned COMM (Commercial) in Pinellas County and benefits from its prime beachfront location in the Madeira Beach submarket. With over 2.4 million visits to John's Pass Boardwalk & Village in 2023, this property offers significant potential for high foot traffic and revenue generation. Minimum divisible space is 3,637 square feet, with a maximum contiguous space of 5,997 square feet. The building has a FAR of 1.03.

    Property Features for 111 Boardwalk Pl

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,570 SF
    Class
    A

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 201
    Size
    3,637 SF
    Space
    Suite 203
    Size
    2,360 SF

    HighLights

    • Second‑generation restaurant space available.
    • Large dining area with outdoor patio.
    • Second‑floor access via elevator.
    • Strong tenant mix in the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Madeira Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.78211469
    Latitude
    27.78500762

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    FAQs

    What type of property is this?
    Restaurant - Prime Madeira Beach location, multiple suites available.
    Where is this restaurant located?
    The property is located at 111 Boardwalk Pl Madeira Beach, FL.
    What are key features of this property?
    This property features: Second-generation restaurant space available.; Large dining area with outdoor patio.; Second-floor access via elevator.
    Request Owner's contact information
    111 Boardwalk Pl Madeira Beach, FL 33708
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    Madeira Beach, FL 33708
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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
    111 Boardwalk Pl Madeira Beach, FL 33708
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