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SpringHill Suites St. Petersburg Clearwater 3485 Ulmerton Rd 79 Room Hotel Clearwater, FL 33762 $13,610,220 CAD ($172,281 CAD/Room)
INVESTMENT HIGHLIGHTS
- 79 Rooms
- Expected New Buyer PIP: Approximately $1.5M
- Within ~1.5 Miles from St. Pete–Clearwater International Airport
- 2006 Construction
- Property Is on a Ground Lease with St. Pete–Clearwater International Airport
- Within ~16 Miles from Downtown Tampa
EXECUTIVE SUMMARY
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 79-room SpringHill Suites by Marriott, located in Clearwater, Florida. The property is a three-story, limited-service hotel directly off of Ulmerton Road and conveniently located near world-renowned beaches (Clearwater Beach, St. Pete Beach), top attractions like Tropicana Field and downtown St. Petersburg, major corporate offices, tech parks, and St. Pete–Clearwater International Airport. Additionally, the property presents the opportunity to operate a highly desirable flag within the rapidly growing Tampa - St. Petersburg - Clearwater MSA, known for its strong tourism, healthcare, defense, and finance sectors driving year-round demand. The SpringHill Suites St. Petersburg Clearwater offers investors the opportunity to acquire a 79-room, interior-corridor property in a highly established and growing market with value-add potential.
PROPERTY FACTS
| Price | $13,610,220 CAD | Building Size | 52,265 SF |
| Price Per Room | $172,281 CAD | No. Rooms | 79 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2006 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 1.86 AC | Corridor | Interior |
| Zoning | C-2 - General commercial uses like retail, hotels, offices, and service businesses. | ||
| Price | $13,610,220 CAD |
| Price Per Room | $172,281 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 52,265 SF |
| No. Rooms | 79 |
| No. Stories | 3 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - General commercial uses like retail, hotels, offices, and service businesses. |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 79 | $235.91 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 34-29-16-00110-000-0022 | Improvements Assessment | $8,046,093 CAD |
| Land Assessment | $1,648,345 CAD | Total Assessment | $9,694,437 CAD |
PROPERTY TAXES
Parcel Number
34-29-16-00110-000-0022
Land Assessment
$1,648,345 CAD
Improvements Assessment
$8,046,093 CAD
Total Assessment
$9,694,437 CAD
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SpringHill Suites St. Petersburg Clearwater | 3485 Ulmerton Rd
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