5901 GULF BOULEVARD
St Pete Beach, FL, 33706 $ 6,000,000
Bedrooms-- Baths-- Sq 8,694 Monthly Estimate*
$ 36,943
for $6,000,000. This 8,694 square foot building was built in 2002 on a lot size of 0.21.
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.
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FeaturesGeneralCooling Central Air
Construction Materials Block
Year Built 2002
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 36-31-15-34776-007-0010 36-31-15-78336-015-0060 36-31-15-34776-007-0020 36-31-15-34776-007-0030
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name ST PETERSBURG BEACH 1ST ADD
Status Active
Directions 9 miles from Downtown St. Petersburg takes 15–20 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 across from the Sirata Beach Resort.
City ST PETE BEACH
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Units Square Feet
Lot Size Square Feet 9100
Tax Annual Amount 10931.32
Additional Parcels Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description ST PETERSBURG BEACH 1ST ADD BLK 15 LOTS 7 THRU 11 & 1/2 VAC ALLEY ON E & A 60 FT X 40 FT T/A IN S'LY COR OF LOT 1 BLK 7 GULFWINDS SUB LESS RD R/W FOR GULF BLVD (LYING IN SECTIONS 01-32-15 & 06-32-16)
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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InteriorTotal Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 9100
Foundation Details Slab
Number of Buildings 5
Building Area Total 11527
Lot Dimensions 100 x 90
Lot Size Acres 0.21
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
Number of Lots 5
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* Excluded FeaturesList ByKeller Williams St Pete RealtyBroker
lou@nicolelouisere.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,943
- Monthly Property Taxes
- $911
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in St Pete Beach, FL
Average List Price $4,096,300
Percent of Sale Price 32%
About St Pete Beach, FL 8,966 Population
-12% Since 2002
$ 65,557 Median Income
58.24 Median Age
9% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/13/2026 | $6,000,000 | | Listed Price |