This rare waterfront redevelopment opportunity is located on Clearwater Beach’s Bay Esplanade, offering a prime position along the Intracoastal Waterway. The property spans approximately 0.67 acres and includes three land parcels plus an additional 0.29-acre submerged land parcel. Currently operating as a motel with 21 units across four buildings, the site provides significant upside for redevelopment into a luxury residential or hospitality project. Preliminary discussions suggest potential for up to 14 condominium units or 36 hotel rooms, subject to city approval.
The site boasts 198 feet of waterfrontage, concrete seawall, and over 25 off-street parking spaces, making it an attractive canvas for developers seeking to capitalize on Clearwater Beach’s strong tourism and residential demand. Public utilities, including water and sewer, are available, and the property is zoned for commercial use. Its location offers convenient access to Mandalay Avenue, Clearwater Beach attractions, and the Memorial Causeway, connecting to downtown Clearwater and the greater Tampa Bay region.