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Clearwater Beach Motel For Sale
For Sale
$12,000,000

653 MANDALAY AVENUE, Clearwater, FL 33767

22-unit motel on Clearwater Beach, undergoing renovations.

Property Size4,360 SF
Lot Size0.36 Acres
Price / SF$2,752
Days on Market1056

Property Features for 653 MANDALAY AVENUE

General Information

Standard status Active
Size 4,360 SF
Lot size 0.36 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $29,175

Building Details

Year Built 1948
Listing Agency: VIEWPOINT REALTY INTERNATIONAL
Listed By: Georgette Gillis · License #3006422
Source: Exitrealty
Added: Sep 26, 2023 Changed: Aug 8 Last Checked: May 20 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VIEWPOINT REALTY INTERNATIONAL

Investment Insights

Based on property information with market context.

This commercial property is located on Clearwater Beach, across the street from beach access, along the main thoroughfare. The property features a 22-unit motel with a pool. It consists of two, 2-story buildings situated on 1/3 of an acre. The first floor is currently being renovated due to hurricane damage.

Key Highlights

  • Located on Clearwater Beach, offering prime beach access.
  • 22‑unit motel presents immediate income potential.
  • Includes a pool, a desirable amenity for guests.

Property Analytics

Current Use

Royal Canadian Motel Hotel & Motel

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Auto Repair Shop Plumbing Service Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33767, FL

8,462
Population
8,806
Households
1
Avg Household Size
64
Median Age
55%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
4,231
Density / Sq Mi
$105,662
Median Household Income
$76,977
Median Earnings
$2,033
Median Rent
$704,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Motel - 22-unit motel on Clearwater Beach, undergoing renovations.
Where is this motel located?
The property is located at 653 MANDALAY AVENUE Clearwater, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Located on Clearwater Beach, offering prime beach access.; 22‑unit motel presents immediate income potential.; Includes a pool, a desirable amenity for guests.
More about this property
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