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    504/455 Gulfview Blvd Clearwater, FL 33767

    For Sale
    $27,000,000

    99 Keys, 2 Buildings, Oceanfront

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a thriving Clearwater Beach hotel comprising two buildings situated on two parcels totaling 0.89 acres. The property boasts a prime location at 504/455 S Gulfview Blvd, Clearwater Beach, FL 33767, offering unparalleled access to the area's vibrant tourism scene. The main building, located at 504 S Gulfview Blvd, features 65 keys and desirable waterfront access. The second building, at 455 S Gulfview Blvd, includes 34 keys and a retail space currently under lease to an ice cream shop, providing additional revenue streams. Both buildings offer a combined total of 99 keys and two swimming pools. The property is zoned for commercial use and includes off-street parking for guests and staff. This is a fee-simple ownership opportunity with no ground lease. The asking price for this established hotel is $27,000,000. The property's APN numbers are 08-29-15-17640-000-0090 and 07-29-15-52380-000-0850. This is a rare chance to acquire a well-established, high-performing hotel in a highly sought-after destination. The property's strong occupancy rates and consistent revenue generation make it an attractive investment for both owner-users and investors seeking a stable and profitable venture in the Florida hospitality market.

    Property Features for 504/455 Gulfview Blvd

    General Information

    Property type
    Hotels
    Lot Size
    38,768 SF

    Building Details

    Buildings
    2

    HighLights

    • $27,000,000 asking price.
    • Hospitality investment opportunity, owner/user.
    • 99‑key hotel with two buildings on a 0.89‑acre lot.
    • Located at 504/455 S Gulfview Blvd, Clearwater Beach, FL 33767.
    • Features two pools and off‑street parking.
    • Includes a retail space currently leased.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Spa & Massage Dental Office Hair Salon Restaurant Realty agency Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.828419266686
    Latitude
    27.96858916781

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    FAQs

    What type of property is this?
    Hotel - 99 Keys, 2 Buildings, Oceanfront
    Where is this hotel located?
    The property is located at 504/455 Gulfview Blvd Clearwater, FL.
    What is the asking price?
    The asking price for this property is $27,000,000.
    What are key features of this property?
    This property features: $27,000,000 asking price.; Hospitality investment opportunity, owner/user.; 99-key hotel with two buildings on a 0.89-acre lot.
    Request Owner's contact information
    504/455 Gulfview Blvd 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
    504/455 Gulfview Blvd Clearwater, FL 33767
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