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Carol Ann Johnson
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(850) 708-5115
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$6,000,000

5901 Gulf Boulevard Saint Pete Beach, FL 33706 Commercial - Retail Active

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Description

Positioned along Gulf Boulevard at 59th Avenue, this multi-parcel assemblage represents one of the few remaining large-scale redevelopment opportunities on St. Pete Beach. Spanning approximately 1.09 acres, the property includes a strategic collection of parcels currently improved with restaurant and service-oriented uses, including the Subway site, Boulevard Burgers, a florist, and a salon.The assemblage occupies a highly visible location along the primary north-south corridor of the Gulf beaches, benefiting from strong daily traffic and direct proximity to major hospitality anchors. Directly across Gulf Boulevard, Sirata Beach Resort is a full-service beachfront resort with hundreds of hotel rooms and multiple dining venues, including Rum Runners. Nearby, TradeWinds Island Resorts spans a large multi-property footprint and continues to invest in renovations and long-term repositioning.This concentration of hotel density creates a consistent demand driver for retail, restaurant, and experiential uses, supporting both existing operations and future redevelopment potential.The current ownership has assembled these parcels over time, creating a contiguous footprint that is increasingly difficult to replicate. The site offers scale, frontage, and depth that position it well for a range of future concepts, including mixed-use development, hotel or condo-hotel configurations, or retail-driven projects with residential components.Existing improvements provide optionality for interim income while redevelopment plans are evaluated. Ownership is offering the assemblage as a combined opportunity but may consider the sale of individual parcels, providing flexibility for different buyer strategies.A portion of the property located behind the Subway site is currently utilized as commercial space and is believed to fall within the overall commercial zoning framework; however, buyers should independently verify zoning, use, and development parameters for all parcels.With its location, scale, and surrounding demand drivers, this offering presents a compelling opportunity for investors and developers seeking to establish a presence along one of Florida's most active beachfront corridors.All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information.This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Please do not approach or disturb the tenants.

Property Highlights

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.21 Acres
Stories: 1.0
Taxes: $10,931
Year Built: 2002

General Information

County: Pinellas
Subdivision: ST PETERSBURG BEACH 1ST
Listed By:
Lou Zabriski KELLER WILLIAMS ST PETE REALTY 727-894-1600

Property Features

Days on Site: 2
Directions: 9 miles from Downtown St. Petersburg takes 15â??20 minutes. The fastest route is generally taking I-275 S, exiting at Exit 17 and taking the Pinellas Bayway into St Pete Beach. Take a right onto Gulf Blvd and the assemblage will be on your right, directly
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.21
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Retail
Showing Instructions: Appointment Only
Special Sale Provisions: None
Water Access Y/N: No
$6,000,000
New to the Market Active
SQUARE FEET11,527 MLS#TB8497033
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONST PETERSBURG BEACH 1ST

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5901 Gulf Boulevard , Saint Pete Beach, FL 33706.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/15/2026. The listing information on this page last changed on 04/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/15/2026 7:05:07 AM EST) or Stellar MLS (last updated Wed 04/15/2026 1:59:08 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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