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    653 Mandalay Ave Clearwater, FL 33767

    Sponsored
    For Sale
    $8,000,000

    Hotel/Motel - CLEARWATER, FL

    Property size:
    4,360 SF
    Lot size:
    0.36 Acres
    Days on Market:
    218
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 653 Mandalay Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    05-29-15-54747-084-0060
    Exterior features
    Paved
    Size
    4,360 SF
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1948
    Number of units
    22
    Building materials
    Block
    Architectural style
    Other

    Viewpoint Realty Internatl (727) 584-7355

    Listing agent Georgette Gillis (727) 584-7355 License #3006422

    Listing date Jun 4, 2025

    MLS# U8215120 Listing URL

    Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clearwater Beach Motel For Sale

    This 22-unit motel is located on Clearwater Beach, across the street from beach access on a main thoroughfare. The property includes two, 2-story buildings and a pool, situated on a 0.36-acre lot. The property size is 4360 square feet. The first floor was affected by a hurricane and is currently being renovated.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Royal Canadian Motel Motel

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Dockside Resort Apartments, Barefoot Bay Resort & Marina, woodspring suites clearwater fl, Double Eagle Fishing Charters, Flamingo Hotel

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.826303
    Latitude
    27.988049

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    FAQs

    What type of property is this?
    Motel - 22-unit motel with pool near Clearwater Beach access.
    Where is this motel located?
    The property is located at 653 Mandalay Ave Clearwater, FL.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: - Prime location on Clearwater Beach, a highly desirable area.; - Beach access directly across the street.; - 22-unit motel offering immediate income potential.
    (727) 448-3533
    Request Owner's contact information
    653 Mandalay Ave Clearwater, FL 33767
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    Clearwater, FL 33767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    653 Mandalay Ave Clearwater, FL 33767
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