5337 Gulf Dr - Freestanding FOR SALE


Holmes Beach, FL 34217
$11,600,000 USD
813-629-0997
5337 Gulf Dr, Holmes Beach, FL for Sale
$11,600,000 USD
Freestanding - FOR SALE
1/16
null | 4.92% Cap Rate

5337 Gulf Dr
Holmes Beach, FL 34217


HIGHLIGHTS

  • Prime Beachfront Retail Spaces – Fully Leased with Value-Add Potential
  • Pristine Condition
  • High-Yield Retail Property in Prime A+ Location

OVERVIEW

Anna Maria Island Retail Plaza is a premier property situated on the prestigious Barrier Island of Anna Maria. Recently renovated, the plaza features a durable metal roof, solid concrete construction, upgraded decking, and a strong lineup of dependable tenants, making it an exceptional investment opportunity. With full occupancy and a waiting list of prospective tenants, the plaza highlights its consistent high demand. Adding to its appeal, previously approved plans envisioned the potential to build three luxury condos above the plaza, presenting an exciting development opportunity. While reapproval would be required, this prospect offers significant value for investors. An adjacent site, currently utilized for parking and meeting the plaza’s zoning requirements, is also available for sale or lease. This future development site is priced at $900,000, offering further potential to expand or enhance this prime property.

FOR SALE DETAILS

PRICE

$11,600,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

4.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anna Maria Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C3

APN/PARCEL ID

72122-0005-9

ASK ABOUT THIS PROPERTY

Austin PenningtonLatitude Commercial Realty Inc.More Info
813-629-0997

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Austin PenningtonLatitude Commercial Realty Inc.More Info
813-629-0997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.