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Updated Motel with Pool
For Sale
$12,000,000

653 Mandalay Avenue CLEARWATER, Clearwater Beach, FL 33767

Updated 22-unit motel on a main thoroughfare, featuring a pool and beach-access location across the street.

Property Size11,056 SF
Lot Size0.33 Acres
Price / SF$2,752
Days on Market48

Property Features for 653 Mandalay Avenue CLEARWATER

General Information

Standard status Active
Size 11,056 SF
Lot size 0.33 Acres

Additional Details

Multifamily Units 22

Taxes and HOA fees

Annual Taxes $29,175

Amenities

true
Public Records
Near Public Transit,Sidewalk
Public
15655
0.36
false
13 to 18 Spaces
Paved,Asphalt
Slab
Street Paved,Main Throrughfare
11056
2

Building Details

Building Size 11,056 SF
Year Built 1948
Buildings 2
Stories 2
Listing Agency:
Listed By: Mayra Oberti
Source: Movetojacksonville
Added: Jun 30 Changed: Aug 16 Last Checked: Aug 16 at 3:19AM

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 Mayra Oberti

Investment Insights

Based on property information with market context.

This for-sale property is an updated 22-unit motel with a pool, set up in two separate two-story buildings. The offering is described as having been updated throughout, providing a turnkey hospitality configuration for an operator or investor.

The motel is located on a main thoroughfare in Clearwater Beach, with beach access across the street. The site is approximately one-third of an acre, supporting the motel buildings and pool amenities on property.

With its defined unit count and established motel layout, the property is well suited for buyers seeking a hospitality asset designed around lodging operations. The combination of two two-story structures, on-site pool amenity, and direct proximity to beach access across the street may appeal to tenants and operators focused on short-stay accommodations in a walk-to-water area.

Key Highlights

  • Updated 22‑unit motel with a pool
  • Property includes 2 buildings with a total of 11,056 sq ft
  • Two 2‑story buildings on a 0.36‑acre (15,655 SF) lot

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.

Lease Details

22
Residential units

Location Intelligence

Trade Area within ½ mile

1,014
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 - Updated 22-unit motel on a main thoroughfare, featuring a pool and beach-access location across the street.
Where is this motel located?
The property is located at 653 Mandalay Avenue CLEARWATER Clearwater Beach, 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: Updated 22‑unit motel with a pool; Property includes 2 buildings with a total of 11,056 sq ft; Two 2‑story buildings on a 0.36‑acre (15,655 SF) lot
More about this property
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