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2050 W BAY DRIVE

Commercial For Sale
$599,000

BTC: 9.25525340

ETH: 314.82571585

10 days
0 room(s)
1,640 sqft

Overview

Welcome to the iconic Mermaid House, one of the area's most recognizable landmarks and a rare commercial opportunity where visibility, character, and versatility converge. Zoned for commercial use, this distinctive property offers endless possibilities for entrepreneurs, investors, and business owners seeking a location that stands out. Whether you envision a boutique retail shop, professional office, creative studio, vacation rental business, wellness space, or another unique commercial venture, this turnkey property is ready to bring your vision to life. Inside, the beautifully renovated interior features an inviting open-concept layout with coastal-inspired design elements that create a warm and welcoming atmosphere for clients, guests, or customers. Gorgeous tile flooring extends throughout the space, while the spacious central gathering area seamlessly connects to a well-appointed kitchen featuring a large island, abundant cabinetry, quality countertops, and flexible space ideal for meetings, hospitality, or employee collaboration. Thoughtfully updated bathrooms showcase custom tilework and coastal charm, while multiple private rooms offer flexibility for offices, treatment rooms, consultation spaces, or short-term accommodations. Outside, the fully paved backyard provides a private, low-maintenance outdoor area perfect for client events, outdoor seating, employee breaks, or additional gathering space. With ample flexibility and exceptional curb appeal, the Mermaid House is designed to leave a lasting impression. Strategically located just minutes from major shopping destinations, restaurants, airports, and Florida's world-famous Gulf beaches, this high-visibility property offers an exceptional opportunity to establish or expand your business in one of the area's most desirable coastal markets. Whether you're looking to create a signature commercial destination, capitalize on its proven short-term rental appeal, or invest in a truly one-of-a-kind property, the Mermaid House delivers unmatched potential.

Location

Details

Type:
Commercial Sale
Parking:
Ground Level
Year Built:
1959
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$365
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$314K – $659K
Confidence Low
List vs. estimate
$124K above estimate
List $599,000 · +26.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$365
+98.4% vs. city median $184
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,677
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Washer

  • Parking

    • Ground Level

    Property

    • Levels: One

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 332915070020001680

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $7,677

  • Source details

    • MLS ID: TB8536203

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: Corner Lot / City Lot / Landscaped / Near Public Transit / Sidewalk

    • Window Features: Drapes

    • Direction Faces: South

    • Other Structures: Storage

    • Living Area: 1640

    • Water Source: Public

    • Lot Size Dimensions: 100 x 103

    • Subdivision Name: BELLEAIR MANOR UNIT 1 & 2

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY