$6,000,000
5901 Gulf Boulevard
St Pete Beach, FL 33706
About this home
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.
Estimated monthly payment
$34,000/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveApr 13, 2026
- Listed$6,000,000Apr 13, 2026
- Price increased$6,000,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Retail
- Status
- Active
- Days on market
- 0
- Subdivision
- St Petersburg Beach 1st Add
- County
- Pinellas
- Year built
- 2002
- Living area
- 8,694 sq ft
- Price/sq ft
- $521
- Building area
- 11,527 sq ft (Estimated)
- Lot size
- 9,100 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- AE (12103C0276H)
- Annual taxes
- $10,931 (2025)
- Parcel #
- 36-31-15-78336-015-0070
- MLS #
- TB8497033
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2026-04-13
- On market date
- 2026-04-13
- Original list price
- $6,000,000
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-13
- Tax 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)
Location
- Flood zone
- AE(12103C0276H)
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of April 14, 2026 at 1:02 AM ET. 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.
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