Property
ActiveCommercial
1/10
$6,000,000

5901 GULF BOULEVARD

St Pete Beach, FL 33706
0
Beds
0
Baths
8,694
SqFt
0.21
Acres
STELLAR
#TB8497033
Updated: Jun 18, 2026, 6:08pm

Property 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.

Property Details

Interior
Building Area Total
11527
Cooling
Central Air
Living Area
8694
Construction
Building Area Source
Estimated
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Estimated
Living Area Units
Square Feet
Stories Total
Yes
Year Built
2002
Site & Exterior
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.21
Lot Size Area
9100
Lot Size Dimensions
100 x 90
Lot Size Square Feet
9100
Lot Size Units
Square Feet
Number Of Lots
5
Public Survey Range
15
Public Survey Section
36
Road Frontage Type
City Street
Road Surface Type
Paved
Total Acreage
1 to less than 2
Financials
Additional Parcels
Yes
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
Calculated List Price By Calculated Sq Ft
520.52
Contract Status Change Date
2026-04-13
Current Price
6000000
Feed Types
BBO
Owner Name
59TH AVENUE PROPERTIES LLC
Ownership
Fee Simple
Parcel Number
363115783360150070
Public Survey Township
31
Tax Annual Amount
10931.32
Tax Block
15
Tax Book Number
20-11
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)
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Subdivision Name
ST PETERSBURG BEACH 1ST ADD
Listing provided courtesy of STELLAR via IDX. Updated: Jun 18, 2026, 6:08pm.
Lou Zabriski

Listing Agent

KELLER WILLIAMS ST PETE REALTY

Call Agent