Bradenton home of 130-year Pelot’s pharmacy up for sale

The property east of downtown is being marketed by its current owner after being previously listed for $3 million.


  • By Louis Llovio
  • | 8:00 a.m. August 16, 2025
  • | 2 Free Articles Remaining!
The Bradenton building housing Pelot's Rexall Pharmacy is up for sale.
The Bradenton building housing Pelot's Rexall Pharmacy is up for sale.
Image courtesy of NDC Commercial Real Estate
  • Manatee-Sarasota
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A Bradenton building that's home to Pelot’s Rexall Pharmacy, a business with a 130-year history in the city, is up for sale. 

The property is at 831 Manatee Ave. E., just east of downtown and is being marketed by its current owner, Philip Farley. 

It was previously listed for $3 million by NDC Commercial Real Estate, which was marketing it for redevelopment. 

The three-story mixed-use building has multiple storefronts and an attached parking lot. 

Jessica Pelot, a granddaughter of one of the founders of the pharmacy, writes in an email that the family does not own the property and that “we are not closing, only the building is up for sale.” 

According to the Manatee Village Historical Park, J.C. Pelot, J.J. Pelot and J.F. Stebbins formed the Manatee Drug Co. on Nov. 6, 1894. 

It changed its name in 1925 and moved into its current Manatee Avenue location in 1934. Robert Pelot owns the pharmacy today, buying it from his father John Crews Pelot. 

Farley bought the property from the family in 2020 for $1.25 million, according to county property records. 

The building, nearly 100 years old, suffered significant damage during hurricanes Helene and Milton last year.

 

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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