$5,000,000
Active · 216 days on market · MLS# MFRTB8399383
| Living area | 6,758 sq ft |
|---|---|
| Lot size | 0.87 acres |
| Year built | 1981 |
| Property type | Hotel/Motel |
| Waterfront | Yes |
| Annual taxes | $51,187 |
| County | Pinellas |
FOR SALE: Renovated 32-Room Motel on Prime Florida Beachfront Near ClearwaterAsking Price: $5,000,000 (Negotiable)Loan: Assumable at $2.5 MillionAppraised Value: $5,000,000Annual Revenue: $1,000,000+Occupancy: Consistently Full Due to 7-Star Guest RatingProperty Overview:An exceptional investment opportunity on one of Florida's most luxurious and sought-after beachfronts, just minutes from world-renowned Clearwater Beach. This fully renovated 32-room Floridian Inn Motel is situated in a high-traffic, highly visible location, ideal for tourists, business travelers, and beachgoers alike.Highlights:32 Newly Renovated Guest Rooms – Modern design, upscale finishesConsistently Fully Booked – Thanks to an impressive 7-star guest ratingAnnual Revenue of $1 Million+ – Strong and stable incomeFull-Service Dining Area – On-site restaurant or café includedResort-Style Amenities – Includes a beautifully maintained swimming poolLarge Parking Lot – Over 40 vehicle capacityTurnkey Investment – No renovation needed; ready to operate immediatelyAssumable Loan – $2.5 million financing availableThis rare opportunity combines location, luxury, and income stability, making it a perfect asset for seasoned hospitality investors or entrepreneurs entering the Florida resort market. The current asking price is very reasonable and open to negotiation, reflecting true market value as confirmed by a professional appraisal.
Listing courtesy of Saurabh Patel, IMPACT REALTY TAMPA BAY. Presented by MC Homes Realty Inc · 727432218.