Waterfront
Address
7141 Gulf BOULEVARD, ST PETE BEACH, FL
Price
$ 1,199,900
Property Attributes
  • MLS#U8220691
  • TypeCommercial
  • CountyPINELLAS
  • CityST PETE BEACH
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodSt Petersburg Beach Rep
  • Zip33706
  • StyleMixed Use
  • Year Built1951
  • Taxes$ 11892
  • Price$ 1,199,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3212
  • Lot Size6,534 SqFt
Data Source:
Stellar MLS
Property Description

Exceptional Opportunity! St. Pete Beach commercial property – a former restaurant with immense potential. This property is ideal for entrepreneurs and investors seeking a footprint in one of Florida's most vibrant and tourist-friendly areas. A key feature is its prime location. Situated on St. Pete Beach, the building benefits from exceptional visibility and high traffic count, drawing both locals and tourists alike. Building specifications are intriguing. The property encompasses a spacious two-story, currently vacant structure that offers a wealth of possibilities for customization and branding. The spaces are versatile. The existing layout includes a former restaurant space with essential infrastructure, such as a hood and fire suppression system already in place which reduces additional setup costs. Another unique attraction is the upper floor which could be a lucrative opportunity to create an exclusive bar or lounge area boasting scenic views, ideal for attracting a high-end clientele. Outstanding accessibility & Parking. The property assures excellent accessibility, complemented by 18 onsite parking spaces, a valuable asset in this popular beach area. This building is ripe for transformation, whether it continues as a restaurant, evolves into a trendy bar with a view, or is reimagined as retail or office space the possibilities are endless. This property is located in a high demand area. St. Pete Beach is known for its lively atmosphere and constant flow of visitors, providing a steady stream of potential customers. Strategic Visibility! The property's location and design ensure outstanding visibility, making it a prominent landmark on the beachfront strip. This commercial property on St. Pete Beach offers a rare opportunity to capitalize on its previous success as a restaurant and the added potential of an upstairs bar with a view. With its location, visibility, and existing infrastructure, it's poised to be a lucrative investment for the discerning buyer.

Price History
11/10/2023 Listed $1,299,900
1/2/2024 8% - $1,199,900

General Features

Sewer Public Sewer
Heating Central,Other
Cooling Central Air
Utilities Public,Water Connected
Roof Membrane
Appliances Dryer,Microwave,Refrigerator,Washer
Construction Materials Block
Year Built 1951
Levels Two
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Corporation
County Pinellas
New Construction No
Property Type Commercial Sale
Subdivision Name ST PETERSBURG BEACH REP
Facing Direction West
Building Features Bathrooms
Status Active
Directions From 75th Street~ head South on Gulf Blvd ~ the building will be on the Left.
City ST PETE BEACH
Buyer Agent Compensation 3%-$395
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 6595
Waterfront Y/N No
Street Name Gulf
Listing Terms Cash,Conventional
Tax Annual Amount 11892
Public Remarks Exceptional Opportunity! St. Pete Beach commercial property a former restaurant with immense potential. This property is ideal for entrepreneurs and investors seeking a footprint in one of Florida's
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8220691
Days on Market 166
Standard Status Active
Tax Lot 4
Legal Description ST PETERSBURG BEACH REPLAT BLK 42,LOT 4 LESS RD R/W FOR GULF BLVD ON SW
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Concrete,Tile
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix BOULEVARD
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 13 to 18 Spaces
Lot Features Corner Lot,Near Public Transit,Sidewalk,Street Lights
Water Source Public
Lot Size Area 6595
Foundation Details Slab
Number of Buildings 1
Building Area Total 3416
Lot Dimensions 53 x 122
Lot Size Acres 0.15
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Street Lights,Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33706

Price
AVG $2.18M
$1.2M
Taxes
AVG $14,348
$11,892
Visits
AVG 478
62
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1951