111 Boardwalk Pl Madeira Beach, FL 33708
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.