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Paradise Isle Plaza on Longboat Key

$3,250,000

5610 Gulf Of Mexico Dr, Longboat Key, FL 34228

Active
Last Updated: 07/09/2026

9,611 sqft

Building Size

1.2968 acres

Lot Area

Details:
Building Size:    9,611 sqft
Lot Area:    1.2968 acres
Occupancy:    80%
Year Built:    1986
Floors:    1
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 retail suites with established long-term tenants
  • Diverse tenant mix including restaurants, retail, service, and specialty businesses
  • All tenant leases structured as NNN leases, minimizing landlord expenses
  • Well-maintained shopping plaza with strong curb appeal and consistent customer traffic
  • Includes valuable deeded beach access, enhancing the property’s uniqueness and appeal
  • Excellent opportunity for investors seeking stable income in a premier coastal market
Description:

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.

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

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 PLAZA

Map:
Documents:
Title
Sale_Brochure_5610_Gulf_of_Mexico_Dr.pdf
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Location
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