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Casa Linda Motel 1770 N Fort Harrison Ave 7 Room Hotel Clearwater, FL 33755 $1,100,335 CAD ($157,191 CAD/Room)



Investment Highlights
- Existing 9-unit hotel with on-site office component.
- Opportunity to assemble up to four parcels totaling approximately 31,250 SF.
- Tourist zoning supports a variety of hospitality-related uses.
- Development concepts indicate potential for a multi-level project subject to approvals.
Executive Summary
9 -unit Hotel complex with office located at 1770 N Ft Harrison Ave which offers great potential for redevelopment for luxury Highrise townhomes with under garage parking and retail office space. Property use is Hotel & Motel, Tourist zoning for muti level building. All plans of development must be approved by zoning board, seller is not guaranteeing redevelopment. Parcel # 04-29-15-61488-003-0051, located at 416 Princess St is also listed for sale for $300K (TB8420067). Parcel 04-29-15-61488-003-0010, 1780 N Ft Harrison Ave and Parcel # 04-29-15-61488-003-0050, 1762 N Ft Harrison Ave are not yet listed, but may be available for purchase. All 4 parcels total would be 31,250 sf. See site plan for all four parcels. See attachments for maximum development potential based on community development code for tourist district.
Property Facts
| Price | $1,100,335 CAD | Building Size | 3,378 SF |
| Price Per Room | $157,191 CAD | No. Rooms | 7 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1948 |
| Property Subtype | Hotel | Parking Ratio | 2.41/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.29 AC | ||
| Zoning | T, Clearwater | ||
| Price | $1,100,335 CAD |
| Price Per Room | $157,191 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,378 SF |
| No. Rooms | 7 |
| No. Stories | 1 |
| Year Built | 1948 |
| Parking Ratio | 2.41/1,000 SF |
| Corridor | Exterior |
| Zoning | T, Clearwater |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | $72.89 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-29-15-61488-003-0030 | Improvements Assessment | $271,073 CAD |
| Land Assessment | $262,295 CAD | Total Assessment | $533,368 CAD |
Property Taxes
Parcel Number
04-29-15-61488-003-0030
Land Assessment
$262,295 CAD
Improvements Assessment
$271,073 CAD
Total Assessment
$533,368 CAD
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Presented by
Capital Realty Investment Group
Casa Linda Motel | 1770 N Fort Harrison Ave
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