Hotel in Clearwater, Florida 418.43 sq.m. № 1283301
9
ID1283301
$ 2 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Introducing a remarkable, partially -renovated short-term rental opportunity in Clearwater's Central Business District. What was once a motel has been transformed into an 11-unit (4/11 unfinished and unfurnished and is being sold as is), 4,707-square-foot Airbnb/VRBO income generator. This property is strategically positioned on a .55-acre lot that stretches from street to street in Downtown Clearwater. It's directly on the coveted Gulf To Bay corridor, which boasts higher Average Daily Rates (ADR) and occupancy rates, thanks to the 15.4 million ecotourists who visit Pinellas County Beaches annually. This prime location is a stone's throw away from the downtown waterfront and offers easy access to The District on Cleveland Avenue, a bustling hub of shops, restaurants, and cultural activities. The property's strategic location places it just 4 miles from Clearwater Beach, 7.8 miles from Belleair Beach, 9.2 miles from Indian Rocks Beach, and 12 miles from Ben T Davis Beach. Additionally, it's a mere 8.7 miles from Clearwater/St. Pete International Airport and 16 miles from Tampa International Airport, ensuring convenient access for travelers.
Every structure on this property has been meticulously renovated (4 units need renovations that will not be delivered furnished or completed, this property is being sold as is) and will include 7 furnished at the time of sale and to be sold As-Is. The surrounding area offers enticing municipal incentives, including grants from The Downtown Development Board. These incentives are crafted to promote vibrant live, work, and play environments while also supporting building renovations and improvements.
MLS #: OM665295
Clearwater - Statistics
Choose a city for comparison
Compare
| Parameters | Clearwater |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 112.50 |
| Apartment (1 bedroom) Outside of Centre | $ 1 562.50 |
| Apartment (3 bedrooms) in City Centre | $ 3 660.00 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 912.50 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 078.32 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 782.31 |
Choose a city for comparison
Compare
| Parameters | Clearwater |
|---|---|
| Crime Index | 37.97 |
| Traffic Commute Time Index | 35.00 |
| Restaurant Price Index | 87.31 |
| Property Price to Income Ratio | 3.67 |
| Climate Index | 88.17 |
| Safety Index | 62.03 |
| Traffic CO₂ Index | 9310.00 |
| Traffic Inefficiency Index | 150.97 |
| Rent Index | 48.29 |
| Health Care Index | 72.72 |
| Traffic Index | 167.39 |
| Groceries Index | 92.98 |
| Pollution Index | 28.63 |
Choose a city for comparison
Compare
| Parameters | Clearwater |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 18.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 65.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 9.00 |
| Domestic Beer (0.5 liter draught) | $ 4.50 |
| Imported Beer (0.33 liter bottle) | $ 8.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.98 |
| Water (0.33 liter bottle) | $ 1.88 |
| Cappuccino (regular) | $ 4.39 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.10 |
| Loaf of Fresh White Bread (500g) | $ 3.30 |
| Eggs (regular) (12) | $ 4.48 |
| Local Cheese (1kg) | $ 11.44 |
| Water (1.5 liter bottle) | $ 2.87 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 4.31 |
| Cigarettes 20 Pack (Marlboro) | $ 7.25 |
| Apples (1kg) | $ 5.72 |
| Chicken Fillets (1kg) | $ 10.37 |
| Oranges (1kg) | $ 5.45 |
| Potato (1kg) | $ 3.58 |
| Lettuce (1 head) | $ 2.18 |
| Rice (white), (1kg) | $ 4.13 |
| Tomato (1kg) | $ 5.06 |
| Banana (1kg) | $ 1.49 |
| Onion (1kg) | $ 3.61 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 16.65 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 3.00 |
| Monthly Pass (Regular Price) | $ 32.50 |
| Gasoline (1 liter) | $ 0.89 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 32 000.00 |
| Taxi Start (Normal Tariff) | $ 3.37 |
| Taxi 1km (Normal Tariff) | $ 1.48 |
| Taxi 1hour Waiting (Normal Tariff) | $ 60.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 412.90 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 254.80 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 68.40 |
| $ 51.83 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 3 989.43 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.55 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 55.00 |
| Tennis Court Rent (1 Hour on Weekend) | $ 25.00 |
| Cinema, International Release, 1 Seat | $ 12.50 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 59.83 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 55.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 102.00 |
| 1 Pair of Men Leather Business Shoes | $ 159.83 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 427.78 |
| International Primary School, Yearly for 1 Child | $ 7 200.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityClearwater
Address1466 GULF TO BAY STREET
TypeHotel
Living space418.43 m²
- m²
- sq. ft
Completion dateIV quarter, 1948
Price
- Price
- per m²
$ 2 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
Offer your price