This prime 1.757-acre waterfront property in Clearwater Beach is a lucrative investment opportunity, currently generating over $1 million annually from an established parking business. It includes approved plans for a 166-room luxury hotel with amenities such as nearly 400 parking spaces, upscale restaurants, and a rooftop swimming pool, alongside optional commercial retail space. The property comes with valuable development density units, enhancing its worth and offering the potential for further expansion. Its strategic location with three-sided road access ensures excellent connectivity, and the serene water views add to its desirability. In essence, this is a multifaceted investment opportunity combining immediate income generation with significant future development potential in one of Florida’s top coastal destinations.