5610 Gulf of Mexico Dr - Restaurant FOR SALE


Longboat Key, FL 34228
$3,250,000 USD
941-400-2802
5610 Gulf of Mexico Dr, Longboat Key, FL for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/27
null | 6.45% Cap Rate

5610 Gulf of Mexico Dr
Longboat Key, FL 34228


HIGHLIGHTS

  • Prime multi-tenant retail investment opportunity located on highly desirable Longboat Key
  • Situated along Gulf of Mexico Drive with excellent visibility and accessibility
  • Approximately 9,611 SF of leasable retail space
  • Positioned on approximately 1.3 acres with an abundance of on-site parking
  • Six fully leased (NNN) retail suites with established long-term tenants
  • Includes valuable deeded beach access, enhancing the property’s uniqueness and appeal

OVERVIEW

Paradise Isle Plaza presents a rare opportunity to acquire a well-established multi-tenant retail investment property in the heart of Longboat Key. Exclusively offered by American Property GroupAttachment.png, this highly visible neighborhood shopping plaza is located at 5610 Gulf of Mexico Drive and benefits from strong frontage along one of the island’s primary corridors.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paradise Isle Plaza on Longboat Key

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1, Longboat Key

APN/PARCEL ID

79588-0015-8,79588-0020-8,79588-0025-7,79588-0030-7,79588-0035-6

ASK ABOUT THIS PROPERTY

Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-400-2802

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Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-400-2802

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