- For Sale $3,250,000
- Property Type Retail
- Property Size 9,611 SF
- Lot Size 1.3 Acre
- Property Tenancy Multi-Tenant
- Year Built 1986
- Year Renovated 2024
- Date Updated Jun 2, 2026
Description
Situs Address: 5610 GULF OF MEXICO DR, LONGBOAT KEY, FL
34228-1900
Jurisdiction: TOWN OF LONGBOAT KEY
Tax District: 0256; LONGBOAT KEY BAYSIDE DISTRICT
Sec/Twp/Rge: 25-35S-16E
Neighborhood: 7005; ISLAND
Condominium: 7958800; NORTH KEY PLAZAParadise 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.
Situated on approximately 1.3 acres, Paradise Isle Plaza offers approximately 9,611 SF of leasable space across six retail suites with an abundance of on-site parking for both customers and employees. The property has been exceptionally maintained and features a strong, long-standing tenant mix that serves both the local community and the area’s steady stream of visitors.
Current tenants include:
- Guppy’s Pub Fare
- Backyard Bike Shop
- Ana’s Breakfast and Lunch Cafe
- Penny’s Ice Cream
- Costello’s Pizzeria & Wings
- Le Gardenia Bleu Home, Gift, and Floral Studio
- Suite A (A1) will be oMultfficially vacant and is currently being marketed to be the frontage unit/anchor tenant of this plaza with approx. 1,973 sf.
All tenant leases are structured as NNN leases, providing investors with stable income and reduced landlord responsibilities.
An additional standout feature of this offering is the included deeded beach access, further enhancing the long-term desirability and uniqueness of the property.
With a proven operating history, established tenant base, excellent parking, and a premier Longboat Key location, Paradise Isle Plaza represents an exceptional investment opportunity in one of Florida’s most sought-after coastal communities.
*For Income information please complete the NDA attached to the brochure
Highlights
- All tenant leases structured as NNN leases, minimizing landlord expenses
- Approximately 9,611 SF of leasable retail space
- Diverse tenant mix including restaurants, retail, service, and specialty businesses
- Excellent opportunity for investors seeking stable income in a premier coastal market
- Includes valuable deeded beach access, enhancing the property’s uniqueness and appeal
- Positioned on approximately 1.3 acres with an abundance of on-site parking
- Prime multi-tenant retail investment opportunity located on highly desirable Longboat Key
- Situated along Gulf of Mexico Drive with excellent visibility and accessibility
- Six fully leased retail suites with established long-term tenants
- Well-maintained shopping plaza with strong curb appeal and consistent customer traffic
False
Contacts
Adam Doak
American Property Group of Sarasota
Location
Contact Listing Broker
Adam Doak
American Property Group of Sarasota