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2-acre mixed-use waterfront property in Siesta Key sold to major restaurant operator

aerial view of a boatyard
Photo Harry E. Robbins Associates, Inc.

The Boatyard, a prime 2.03-acre waterfront plot at 1538 Stickney Point Road, has changed hands. Nestled on the mainland adjacent to the South Bridge to Siesta Key, this property boasts deeded canal-front access to Sarasota Bay, Little Sarasota Bay, and the Intracoastal Waterway. It’s located within walking distance of Siesta Key Public Beach, named one of the best beaches in the world.

Currently home to several tenants, including a bustling bar and grill and watersports rentals, it offers a bustling waterfront atmosphere ripe for revitalization. Chris Brown, along with his dynamic Above the Bar Hospitality Group, steps into ownership, envisioning a revamped mixed-use waterfront hub. Facilitating the transaction between the buyer and seller were Kevin Robbins and Troy Robbins of Harry E. Robbins Associates, Inc., marking a significant shift in Sarasota’s waterfront landscape.

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waterfront view from the deck of a restaurant
Photo: Boatyard Waterfront Grill

2+ acres just a quick walk from Siesta Key Beach

“As a highly visible waterfront parcel so close to Siesta Key, this is obviously a very, very sought-after location. We fielded hundreds of requests for information on this listing, and we received multiple offers within a single week,” said Troy Robbins. “We only had three weeks to field offers, and we hosted multiple site visits with the buyers and the seller. Ultimately, we were able to put together a package offer that was acceptable for all parties—and all within that three-week window.”

At The Boatyard Waterfront Bar and Grill, along with Siesta Key Watersports, existing tenants are poised for exciting upgrades. Under the helm of Chris Brown and his team, plans are underway to enhance the complex, fostering a more welcoming environment for both new and longtime patrons.

Aerial view of a waterfront development
Photo Harry E. Robbins Associates, Inc.

The waterfront locale, featuring a vibrant restaurant, boat rentals, watersports facilities, and boutique shops, is set to undergo a customer-centric transformation. Stay tuned for forthcoming details on the comprehensive renovation and refreshed tenant lineup, promising a renewed waterfront experience for all.

Transformative enhancements planned for the mixed-use property

“The Boatyard is an iconic property. This is a generational asset for someone to own and develop. There are not many opportunities to secure this kind of commercial property with frontage on the water, let alone a deeded canal access. The Buyer is a well-established hospitality/restaurant operator with multiple locations,” said Kevin Robbins. “We are excited to see how this project will be improved and enhanced to benefit the community.”

sunset view from a boat ramp
Sunset views, and prime boat access at Boatyard Waterfront Grill
people gathered on a patio under string lights
Photo: Boatyard Waterfront Grill

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