Prime Clearwater Beach Commercial Opportunity – 41-Unit Motel Just Steps from the Sand
🏨 Investment Opportunity: $24,600,000
Property: 41-Unit Motel | Size: 18,412 sq ft | Lot: Over 1 Acre
Location: 648 Poinsettia Avenue, Clearwater Beach, FL 33767
Strategically positioned just a 2-minute walk to the white sands of Clearwater Beach, this rare 41-unit motel sits on over one acre of prime coastal real estate. Situated in the heart of the highly desirable Mandalay subdivision, this single-story, concrete block structure offers a combination of strong income potential and future redevelopment value.
🔹 41 Motel Units – Income-producing asset with immediate cash flow opportunities
🔹 Heated Pool & Guest Amenities – Enhancing guest experience and competitive advantage
🔹 Off-Street Parking – Recently resurfaced in 2023, accommodating guest convenience
🔹 Public Utilities – Fully connected with water, sewer, electricity, and phone
🔹 Zoned for Commercial Use – Explore redevelopment options or hotel repositioning
🔹 High Barrier-to-Entry Market – Rare chance to own over an acre in Clearwater Beach
🔹 Tourism Hotspot – Benefit from one of Florida’s top travel destinations year-round
🔹 1960s Block Construction – Solid foundation for either continued use or upscale redesign
Whether you're looking to expand your hospitality portfolio, develop a luxury boutique resort, or hold a trophy asset in a world-famous destination, this offering presents unmatched upside.
📞 Contact Kevin Farfan – Your Trusted Local Realtor
Coldwell Banker Realty
Direct: 813-784-7139
Kevin is ready to guide you through the financials, development potential, and the unique advantages of this Clearwater Beach gem. Serious inquiries only.
Don’t miss your opportunity to own a legacy investment property in one of Florida’s most iconic beachfront communities.