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1320 Cleveland St Clearwater, FL 33755

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For Sale
$7,400,000

35-unit motel near downtown Clearwater with expansion possibilities.

Property size:
16,614 SF
Lot size:
0.94 Acres

Property Features for 1320 Cleveland St

General Information

Standard status
Active
Size
16,614 SF
Lot size
0.94 Acres

Building Details

Year built
1964

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Listing Contact
Georgette Gillis
Georgette Gillis
Source: Exitrealty

Listing Agency: VIEWPOINT REALTY INTERNATIONAL Listing Agent: Georgette Gillis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Clearwater Motel with Expansion Potential

This property features a motel with 35 units, including a 3-bedroom manager's unit, two 1-bedroom apartments, four efficiencies, 12 standard rooms, and 16 king rooms. Recent upgrades include new roofs in 2024 and an updated electrical panel in 2023. The property includes a pool equipped with an ADA lift and an off-street parking lot. An adjacent vacant lot is included, offering the potential to build up to six additional units. Situated on nearly an acre of land in the Clearwater redevelopment area, specifically the Downtown Gateway, the location provides convenient access to Downtown Clearwater, the Baycare Sound Amphitheater, and Clearwater Beach. A survey is available.
Location Intelligence

Current Use by Public Records

Regal Motel Hotel & Motel tropical inn & suites Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Residence Inn Clearwater Downtown, Travelers Inn - Clearwater, Budget Inn of Clearwater, Belleair village motel, Villa Crystal

Location Insight

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  • Local Demand
City
Clearwater
County
Pinellas
State
Florida
Longitude
-82.782434
Latitude
27.9661013

FAQs

What type of property is this?
Motel - 35-unit motel near downtown Clearwater with expansion possibilities.
Where is this motel located?
The property is located at 1320 Cleveland St Clearwater, FL.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: - Prime location: Short trip to Downtown Clearwater, Baycare Sound Amphitheater, and Clearwater Beach.; - Development potential: Vacant adjacent lot included, allowing for construction of up to 6 additional units.; - Multiple Income Streams: 35 units consisting of a mix of unit types.
More about this property
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