$6,000,000
( $520.52Per Sq Foot )
 $32,209 est/mo Sourced by Back At You

5901 Gulf Blvd,ST PETE BEACH, FL 33706

ST PETE BEACH, FL 33706

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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 from multiple full service hotels including the TradeWinds, Beachcomber and the Sirata Beach 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.

Details

MLS #TB8497033
Listing TypeFor Sale
StyleRetail
Sub-TypeFor-sale
StatusActive
Year2002
Days On Site175
Listing Provided ByKELLER WILLIAMS ST PETE REALTY | Lou Zabriski

Features

SQ Feet8,694
Story(s)1
Acreage0.21

Taxes

Property10931

Area Information

StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 Pass a Grille Bch | St Pete Bch | Treasure Isl
Community NameST PETERSBURG BEACH 1ST ADD
Listing VS Median (in ST PETERSBURG BEACH 1ST ADD)
Price:
$6,000,000
low | high
Med:
$3,000,000
100% of Average
sqft:
8,694
low | high
Med:
5,564
86.001840349666% of Average
$ / sqft:
$690
low | high
Med:
$539
71.872753414809% of Average
On site:
175
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 33706

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 5, 2026 at 12:19:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 Pass a Grille Bch | St Pete Bch | Treasure Isl
Community NameST PETERSBURG BEACH 1ST ADD
Listing VS Median (in ST PETERSBURG BEACH 1ST ADD)
Price:
$6,000,000
low | high
Med:
$3,000,000
100% of Average
sqft:
8,694
low | high
Med:
5,564
86.001840349666% of Average
$ / sqft:
$690
low | high
Med:
$539
71.872753414809% of Average
On site:
175
low | high
Med:
18
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:04:34 AM PDT