5337 Gulf Drive

    Holmes Beach, FL 34217
    • $5,650,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: A4447346
    UPDATED: 170 min ago
    $5,650,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    Description

    Great investment opportunity ,100% leased, rarely available prime A+ commercial property in the center of Anna Maria Island .The Property is zoned commercial C 3 with mixed use, the highest use zoning in the city also allowing residential over retail .Four short term apartments where approved by the city in 2017 but permission has now lapsed and must be reapplied for permits to allow construction. Currently the property is home to 10 commercial business with a good mix of business types.The property was originally constructed in the late 1950,s , expanded again in the 1970,s and 2008.Most of the property has been remodeled and brought up to code with 99% of the electrical, plumbing , glazing and roofing all being updated over the current ownership.An opportunity now exists to either partner with the current owner to develop the residential apartments or purchase the property outright , the property is being listed at LESS than a recent appraisal with a 6.5% cap and allowance of the apartment planning.The Parking lot located at 5374 Gulf drive is also included with this sale and is grandfathered use of parking for the C3 zoning bringing the parking spots to 38 number spaces.Another adjacent property under the same ownership may be available if the buyer wanted more parking (17+ )or a mixed use property with Gulf views

    Monthly Payment Calculator




    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-23T23:39:37.307.
    www.theduncanduo.com/homes/99438614

    5337 Gulf Drive Holmes Beach, FL 34217

    • Price: $5,650,000
    • Status: Active
    • Updated: 170 min ago
    • MLS #: A4447346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2008
    Built
    Neighborhood:
    Holmes Beach/Bradenton Beach
    County:
    Manatee
    Area:
    Holmes Beach/Bradenton Beach
    Property Description
    Great investment opportunity ,100% leased, rarely available prime A+ commercial property in the center of Anna Maria Island .The Property is zoned commercial C 3 with mixed use, the highest use zoning in the city also allowing residential over retail .Four short term apartments where approved by the city in 2017 but permission has now lapsed and must be reapplied for permits to allow construction. Currently the property is home to 10 commercial business with a good mix of business types.The property was originally constructed in the late 1950,s , expanded again in the 1970,s and 2008.Most of the property has been remodeled and brought up to code with 99% of the electrical, plumbing , glazing and roofing all being updated over the current ownership.An opportunity now exists to either partner with the current owner to develop the residential apartments or purchase the property outright , the property is being listed at LESS than a recent appraisal with a 6.5% cap and allowance of the apartment planning.The Parking lot located at 5374 Gulf drive is also included with this sale and is grandfathered use of parking for the C3 zoning bringing the parking spots to 38 number spaces.Another adjacent property under the same ownership may be available if the buyer wanted more parking (17+ )or a mixed use property with Gulf views
    Exterior Features

    Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central AirMini-Split Unit(S)

    Property Features

    Additional Parcels Yn No Business Type Bar/Tavern/LoungeCommercialResidentialRestaurant Flood Zone Code Ae New Construction Yn No Property Sub Type Mixed Use Realtor Info List Agent is Related To Owner Special Listing Conditions None Tax Annual Amount 22429.00 Tax Year 2018 Total Num Buildings 1 Zoning C3


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Ami Real Estate Inc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-23T23:39:37.307.
     
    The Duncan Duo Team
    6320 S Dale Mabry Hwy
    Tampa FL, 33611