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Listed by:

Viewpoint Realty International

Waterfront Motel Redevelopment Site Clearwater For Sale

Clearwater, Florida, US
Asking Price:
$7,900,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Rare waterfront redevelopment opportunity in Clearwater featuring three land parcels plus 0.29 acres of submerged land. The property currently operates as a waterfront motel with four buildings and 21 total units situated on approximately 0.67 acres with 198 feet of direct waterfront frontage.

The site includes more than 25 off street parking spaces and offers exceptional water views and coastal appeal. Investors may continue operating the existing motel or pursue redevelopment potential, subject to city verification. Preliminary possibilities include approximately 14 condominium units or up to 36 hotel rooms, depending on approvals and design.

With substantial waterfront frontage, multiple parcels, and strong redevelopment upside, this property represents a unique opportunity in one of Clearwater’s most desirable waterfront corridors. Buyers are advised to verify all measurements, zoning, and redevelopment options with the city.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

21 motel units across four buildings.

Location:

Waterfront location in Clearwater with 198 feet of frontage and multiple parcels totaling approximately 0.67 acres plus submerged land.

Premises Details:

Four building waterfront motel with 21 units and more than 25 off street parking spaces. Three land parcels plus 0.29 acres of submerged land included.

Size in square feet:
Approximately 0.67 acres plus 0.29 acres of submerged land.
Planning Consent:

Buyer must verify redevelopment potential and permitted uses with the city.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Potential redevelopment for approximately 14 condominiums or up to 36 hotel rooms subject to city approvals.

Competition / Market:

Situated in a high demand waterfront market with limited comparable redevelopment parcels available.

Trading hours:

Operates as a motel with year round guest accommodations.