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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 Boardwalk Pl Madeira Beach, FL 33708

12,570 SF 2.8 ac lot Built 2008
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2008
Total area 12,570 SF
Lot 2.8 ac (121,968 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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