5337 Gulf DriveHolmes Beach, FL 34217Price: $11,600,000

  • Price: $11,600,000
  • 21 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $11,600,000List Price
  • 0.22Acreage
  • 10,989Square Feet

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Anna Maria Island Retail Plaza is a premier property situated on the Tropical 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.

Property Details of 5337 Gulf Drive

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Listed by LATITUDE COMMERCIAL REALTY INC.

Based on information submitted to StellarMLS as of February 10, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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