Commercial Sale · Office
2050 W BAY DRIVE, LARGO, FL, 33770
Active1 days on marketListed Aug 7, 2026MLS #TB8536203
About this property
The property at a glance
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.
1,672
Building sq ft
$358
Price / sq ft
0.24
Lot acres
1959
Year built
1
Building
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,493/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cindy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
25,005
Population
$58,071
Median income
49.3
Median age
2.22
Avg household
$245,200
Median home value
$1,481/mo
Median rent
2,227
Households w/ kids
Recent sales
What actually sold near 2050 W BAY DRIVE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$300,000
13191 STARKEY ROAD UNIT 11
1,660 sqft · $181/sqft · Sold Sep 30, 2025
$375,000
13551 WALSINGHAM ROAD
1,698 sqft · $221/sqft · Sold May 21, 2025
$30,585
706 S FORT HARRISON AVENUE UNIT #B
1,530 sqft · $20/sqft · Sold Mar 10, 2025
Your team
The pros in your corner
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 2050 W BAY DRIVE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2050 W BAY DRIVE.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of COLDWELL BANKER REALTY · Martha Thorn. MLS #TB8536203.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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