0 Paseo Al Mar Blvd X Milestone Dr Apollo Beach, FL 33572
This exceptional retail opportunity is located in the thriving Waterset community of Apollo Beach, Florida, at the intersection of Paseo Al Mar Boulevard and Milestone Drive (zip code 33572). The property, built in 2023, offers a total of 27,500 square feet of retail space in Phase 1, with an additional 54,690 square feet planned for Phase 2, slated for completion in Q4 2025. Phase 1 is currently available for immediate occupancy. Spaces range from 1,200 to 4,900 square feet and are divisible to accommodate various business needs. Ideal for restaurants, specialty stores, and fitness centers, this town-center location benefits from high visibility and convenient access. The property is situated within a vibrant, family-friendly community, boasting 236 existing luxury multi-family units on-site, with an additional 400 units currently under construction and a further 700 units planned. This ensures a substantial and growing customer base. A dedicated parking lot provides ample parking for patrons with 535 spaces. The property's location is easily accessible by bicycle, further enhancing its appeal. This is a prime opportunity to establish a business in a rapidly expanding and desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.