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Listed by:

Viewpoint Realty International

Waterview Short Term Rental Development Site For Sale

Clearwater, Florida, US
Asking Price:
$2,100,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Prime waterview property located across from public access to the Intracoastal and within walking distance to the beach. This two story building, constructed in 1953, features four existing units with the potential to convert to five units, subject to verification and approvals.

Situated on approximately 0.15 acres, the property includes a pool and spa and is approved for short term rentals, creating strong income potential in a highly desirable coastal market. Public tennis courts and beach access are nearby, enhancing guest appeal and long term rental demand.

The building requires total renovation or may serve as an excellent redevelopment site. Investors can reposition the asset as a boutique short term rental property or explore redevelopment options in this sought after waterfront corridor. Possible owner financing may be considered.

This is a rare opportunity to acquire a waterview property with short term rental approval in Clearwater’s coastal market.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Four units with potential for five units.

Location:

Located across from public Intracoastal access with waterview and walking distance to the beach and public tennis courts.

Premises Details:

Two story building with 3,859 square feet, four existing units with potential for five, pool and spa on approximately 0.15 acres.

Size in square feet:
3,859 square feet on approximately 0.15 acres.
Planning Consent:

Approved for short term rentals. Buyer to verify redevelopment and unit expansion potential.

Business Operation

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

Potential to renovate and increase unit count to five or pursue redevelopment subject to local approvals. Approved for short term rentals.

Competition / Market:

Positioned in a high demand coastal short term rental market with strong tourism activity.

Trading hours:

Operates as short term rental accommodations.

Years established:
69 Years

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner may consider financing.