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Waterfront Condo-Hotel Unit
For Sale
$319,574

673 BAY ESPLANADE #109, Clearwater, FL 33767

Ground-floor one-bedroom unit with a full kitchen, covered patio, and access to resort-style waterfront amenities.

Property Size335 SF
Price / SF$953.95
Days on Market8

Property Features for 673 BAY ESPLANADE #109

General Information

Standard status Active
Size 335 SF
Property subtype Condo - Hotel

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Amenities

waterfront pool
grilling and gathering areas
putting green
tropical landscaping
Intracoastal Waterway access
boat slip

Building Details

Year Built 1951
Listing Agency: RE/MAX ELITE REALTY
Listed By: Patrick Degnan · License #3208846
Source: Dennisrealty
Added: Aug 24 Changed: Aug 29 Last Checked: Aug 30 at 4:43PM

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 RE/MAX ELITE REALTY

Investment Insights

Based on property information with market context.

This ground-floor condo-hotel unit includes one bedroom, one full bathroom, tile flooring, and a comfortable living area. The kitchen is equipped with wood cabinetry and stainless-steel appliances, while the bathroom features a tiled walk-in shower. Sliding doors connect the bedroom to a covered outdoor patio.

Five Palms includes a waterfront pool, grilling and gathering areas, a putting green, tropical landscaping, and direct Intracoastal Waterway access. Unit 109 also includes Boat Slip #7, adding water access to the property’s vacation-oriented configuration.

The property is designed for personal use and short-term stays, with rental use available when the unit is not occupied by the owner. Clearwater Beach restaurants, shopping, nightlife, attractions, and white-sand beaches are located minutes away. The property was built in 1951.

Key Highlights

  • Ground‑floor one‑bedroom, one‑bath condo‑hotel unit
  • Full kitchen with wood cabinetry and stainless‑steel appliances
  • Covered outdoor patio accessed from the bedroom

Property Analytics

Current Use

Five Palms Hotel & Motel

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop Hair Salon Building Supply Kitchen & Bath Showroom

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Ground-floor one-bedroom unit with a full kitchen, covered patio, and access to resort-style waterfront amenities.
Where is this short term rental property located?
The property is located at 673 BAY ESPLANADE #109 Clearwater, FL.
What is the asking price?
The asking price for this property is $319,574.
What are key features of this property?
This property features: Ground‑floor one‑bedroom, one‑bath condo‑hotel unit; Full kitchen with wood cabinetry and stainless‑steel appliances; Covered outdoor patio accessed from the bedroom
More about this property
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