5337 GULF DR new

Holmes Beach,FL 34217

$ 11600000

- Bed

0 Bath

10989 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,989 sqft

Price per Sqft $1,055

Subdivision Holmes Beach 11Th Unit

MLS Listing ID TB8341000

HOA Y/N No

Originating Board Stellar MLS

Year Built 1958

Annual Tax Amount $30,518

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 82x118

Property Description

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.

Location

State FL

County Manatee

Community Holmes Beach 11Th Unit

Zoning C3

Interior

Cooling Central Air

Building

Story 1

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash,Owner Financing

Listing Terms Cash,Owner Financing

Special Listing Condition None

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