Active
$6,000,000
Est. $35,203/mo

5901 Gulf Blvd, St Pete Beach, FL, 33706

$690/sqft·St Petersburg Beach 1st

0 ba8,694 sqftRetail
Listed by KELLER WILLIAMS ST PETE REALTY· Last updated · MLS# TB8497033

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Est. monthly payment
$35,203/mo
Down payment (20%)
$1,200,000
Property taxes
$911/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2002
9,100 sqft lot
Lot size
8,694 sqft
Living area

About this home

5901 Gulf Blvd is a 2002-built home in St Petersburg Beach 1st Add, St Pete Beach. Listed at $6,000,000 (about $690/sqft), 66 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
2002
Price / sqft
$690
On market
151 days
Annual tax
$10,931
Flood zone
AE
Lot
9,100 sqft
Type
Retail

Location

5901 Gulf Blvd
St Pete Beach, FL, 33706·33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Type
Retail
Year Built
2002
Lot
9,100 sqft
Cooling
Central Air
Heating
-
Parking
-
Days on Market
151
Flood Zone AE

Annual Tax (2025)

$10,931

Parcel #

36-31-15-78336-015-0070

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

St Petersburg Beach 1st Add

County

Pinellas

MLS Area

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Lot Size

9,100 sqft

Date
Event
Price
4/13/2026
Listed for sale
Source: Stellar MLS #TB8497033
$6,000,000
$690/sqft
Est. monthly payment$35,203/mo
Principal & interest$31,292
Property taxes$911
Insurance$3,000
Down payment20% · $1,200,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $6,000,000
$5.78M – $6.00M
96.3% – 100% of listTops out right at the list price
80% of listList price
61 of the last 119 home closings in 33706 landed at this number or higher (51%). The median one sat 65 days before it went under contract, and this one is on day 151.

Sample: 119 closed home sales in 33706 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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