22 kendall street, clearwater beach · 6 unit motel/redevelopment site for sale - $2,199,000 22...

6 UNIT MOTEL/REDEVELOPMENT SITE Ultra rare opportunity to purchase a small property on the west side of Mandalay Ave, ½ block to the Gulf of Mexico and it’s sandy beaches, in world famous Clearwater Beach Currently operated as a 6 unit seasonal motel, with three 2br/1ba & three 1br/1ba units, but the value is in the redevelopment of the land in this exclusive area Zoning density in the Tourist District would allow for 6 condos or 14 motel units Lot size is 100’ x 87’; Kendall St is a not only a short walk to the beautiful beaches, but also a casual stroll to the remarkable shopping and dining areas of North Clearwater Beach The buildings were built in the 1930’s & 1940’s, but are in nice rentable condition, offering some income flow during the planning and permitting process The income and expenses will not justify this pricing, as it is being marketed for its future potential uses A new 34 unit short term luxury condo hotel is being constructed adjacent to this property; info at www.condohotelcenter.com/condo-hotels/featured-properties/the-avalon.html STRICTLY CONFIDENTIAL, AND SHOWN BY APPOINTMENT ONLY, AS GUESTS ARE UNAWARE OF POTENTIAL SALE Smith & Associates Real Estate, does not guarantee any representations. Important facts should be confirmed by buyer. FOR SALE - $2,199,000 PAT CALHOON, COMMERCIAL BROKER CALHOON COMMERCIAL GROUP Specializing in: Apartments | Strip Centers | Retail Office Buildings | Warehouses | Motels DIRECT 727.542.0998 | OFFICE 727.282.1788 | [email protected] CALHOONCOMMERCIAL.COM 22 KENDALL STREET, CLEARWATER BEACH

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6 UNIT MOTEL/REDEVELOPMENT SITE

Ultra rare opportunity to purchase a small property on the west side of Mandalay Ave, ½ block to the Gulf of Mexico and it’s sandy beaches, in world famous Clearwater Beach

Currently operated as a 6 unit seasonal motel, with three 2br/1ba & three 1br/1ba units,but the value is in the redevelopment of the land in this exclusive area

Zoning density in the Tourist District would allow for 6 condos or 14 motel units

Lot size is 100’ x 87’; Kendall St is a not only a short walk to the beautiful beaches, but alsoa casual stroll to the remarkable shopping and dining areas of North Clearwater Beach

The buildings were built in the 1930’s & 1940’s, but are in nice rentable condition,offering some income flow during the planning and permitting process

The income and expenses will not justify this pricing, as it is being marketedfor its future potential uses

A new 34 unit short term luxury condo hotel is being constructed adjacent to this property;info at www.condohotelcenter.com/condo-hotels/featured-properties/the-avalon.html

STRICTLY CONFIDENTIAL, AND SHOWN BY APPOINTMENT ONLY, AS GUESTS ARE UNAWARE OFPOTENTIAL SALE

Smith & Associates Real Estate, does not guarantee any representations. Important facts should be confirmed by buyer.

FOR SALE - $2,199,000

PAT CALHOON, COMMERCIAL BROKERCALHOON COMMERCIAL GROUP

Specializing in: Apartments | Strip Centers | Retail Office Buildings | Warehouses | Motels

DIRECT 727.542.0998 | OFFICE 727.282.1788 | [email protected]

22 KENDALL STREET, CLEARWATER BEACH