Property summary
This exceptional 73-unit hotel presents a compelling investment opportunity in Clearwater, Florida. Situated on the highly visible US Highway 19, this two-story, exterior corridor property benefits from a prime location less than 15 miles from Tampa International Airport and Clearwater Beach. The strategic positioning ensures maximum visibility and accessibility, attracting a consistent flow of guests. Its proximity to popular attractions such as Clearwater Beach, the Florida Aquarium, and Tampa Bay Downs contributes to a high occupancy potential. The hotel's location also offers convenient access to major transportation hubs, including Amtrak and Greyhound. Furthermore, the property is within a reasonable distance of other significant attractions, such as Busch Gardens and Lowry Park Zoo, enhancing its appeal to a diverse range of travelers. This established hotel offers a unique blend of convenience, visibility, and access to a thriving tourism market, making it an ideal investment for those seeking a strong return in the hospitality sector. The property is located in Pinellas County, Florida, with the address being 27988 US Hwy 19 N, Clearwater, FL 33761. Please note that direct visits to the property are discouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
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