235 E Gulf Beach Dr 2,142 SF Retail Building Saint George Island, FL 32328 $2,502,486 CAD ($1,168.29 CAD/SF) 10% Cap Rate

Located in the heart of St. George Island, one of Dr. Beach's "Top Ten Beaches in America," Island Outfitters presents a rare opportunity to acquire a highly profitable, established coastal business and commercial property in one of Florida's most desirable beach destinations.
Founded in 2003, this family-owned operation has become the Island's premier outfitter destination, serving recreational anglers, kayakers, paddleboarders, beachgoers, and visitors seeking the ultimate Forgotten Coast experience. Strategically positioned along the Island's main thoroughfare, the business enjoys exceptional visibility and exposure to more than 250,000 annual visitors.
The offering includes a 2,100-square-foot retail showroom situated on two commercially zoned lots and generates income through five diverse revenue streams, creating a resilient and well-balanced business model. Revenue sources include retail sales, kayak rentals, paddleboard rentals, fishing equipment rentals, and guided outdoor experiences. The retail operation features premium fishing tackle and gear, quality apparel, footwear, headwear, major sunglass brands, kayaks, stand-up paddleboards, beach gear, artwork, jewelry, and accessories, including several exclusive high-end product lines not available elsewhere in the area.
For investors, the numbers are compelling. The business currently operates at approximately a 10% cap rate while offering significant upside potential. The current owner closes the business for approximately four months each year, creating a unique opportunity for a new owner to substantially increase revenue and profitability simply by extending operations and capitalizing on year-round visitor traffic.
Designed for efficient operation with minimal staffing requirements, Island Outfitters delivers strong cash flow while maintaining excellent growth potential. As St. George Island continues to attract increasing numbers of tourists, vacation homeowners, and outdoor enthusiasts, the business is well-positioned for continued expansion.
This turnkey offering combines commercial real estate, an established and respected brand, multiple revenue streams, strong financial performance, and exceptional growth potential, making it one of the most attractive investment opportunities currently available on Florida's Forgotten Coast.