17490 Gulf Blvd

Office for Sale
Catylist Listing ID: 30323047
Building Size (RSF): 1,200 SF
Gross Land Area: 0.77 Acres
Sale Price: $6,500,000
Unit Price: $5,416 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2018

Overview / Comments

The Redington Long Pier is a unique fishing and recreational property with a long and profitable history in beautiful tourist destination, Redington Shores, Florida.

Property Attributes
• Zoning (Future Land Use) is Recreational / Open Space in Redington Shores.
• The Pier stretches approximately 1000 ft into the Gulf of Mexico and is on a submerged land lease with the State of Florida (to be conveyed with sale).
• The Parking Area is approximately 0.77 acres (100’ X 350’) and is located on Gulf Blvd with excellent visibility.
• Revenue comes from beach parking, Fishing Pier access, bait and tackle sales and snack sales.
• The Pier is currently closed and in need of approximately $300K to $500K in repairs.
• This is one of only two public beach parking access points in Redington Shores.
• There is a Tackle and Bait store located on the Pier, over the water.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Town of Redington Shores
Tax ID/APN: 31-30-15-34110-001-0090
Property Visibility: Excellent
Legal Description: Gulf Cottage Colony Unit 1 Blk A, Lots 9,10,11,12 & Pt of Lot 23 & Vac Rd E of Lots 11 & 12 & Gulf Cottage Colony Unit 2, Lot V.

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