Prime Clearwater Beach Motel (or Redevelopment Site) for Sale

2431 Gulf to Bay Blvd., Clearwater, FL

$1,299,000

Price

5,546 sqft

Building Size

0.6107 acres

Lot Area

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Street
Map
Overview
Building Size
5,546 sqft
Lot Area
0.6107 acres
Keys
12
Occupancy
80%
Year Built
1951
Floors
1
Parking Spots
15
Description

This boutique Skylit Motel is located in the heart of Gulf to Bay Blvd and corner of Edenville Ave in Clearwater off of Hwy US 19. It is 6.5 miles from the Famous Clearwater Beach and the well renowned Nova Southeastern University-Tampa Regional Center. The property has 12 individual suites with individual AC Units which consists of 3 King Rooms (2 Kings Rooms with Kitchen apartment studio), 7 Queen Rooms (1 Queen bed with microwave and fridge) and 2 Double Beds (Both rooms have fridge), along with an additional manager condo one bedroom suite with a garage, supply room and central AC. With a more than 80% occupancy rate even during the COVID situation, all units are in great condition and have been recently renovated in 2017 with a new roof installation in 2018. The property has city water. This property currently has 15 plus parking spots.
This prime location corner property is commercially zoned on Gulf to Bay Blvd and perfect for redevelopment. Can build a motel of 40 units with 25 foot height building, 1 parking space per unit OR can be redeveloped as a restaurant, car wash, storage facility with potential rezone for any other commercial use.
Also located close to Tampa International Airport and St.Petersburg/Clearwater Airport, shopping malls, supermarkets, McMullen Tennis Complex, Morningside Recreation Center, and the Public Library.



This boutique Skylit Motel is located on Gulf to Bay Blvd. and the corner of Edenville Ave.
Prime location within 3 miles of Clearwater Beach and the brand new Nova Southeastern University-Tampa Bay Regional Campus is within 8 minutes
Located close to Tampa International Airport and St.Petersburg/Clearwater Airport, shopping malls, supermarkets, McMullen Tennis Complex, Morningside Recreation Center, the Public Library.

Highlights
  • GREAT REDEVELOPMENT SITE OR MOTEL USE/ PRIME LOCATION!!
  • Free standing property is commercially zoned on Gulf to Bay Blvd in Clearwater off of Hwy US 19
  • Boutique Skylit Motel consists of 12 rooms plus a manager condo
  • Minutes away from Famous Clearwater Beach and Nova Southeastern University -Tampa Bay
  • Great Occupancy rate of 80% plus
  • 14.5 miles from Tampa International Airport/ 6 miles from St-Petersburg Airport
  • The property is in excellent condition newly renovated in 2017
  • This is also a great redevelopment opportunity for restaurant, car wash, storage facility or any other commercial use
  • Daily traffic count AADT: 53500 cars per day.
  • Average Daily Room Rate: $85.00
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