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629 Bay Esplanade - 629 Bay Hotel 10,644 SF Specialty Building Offered at $10,911,480 CAD in Clearwater Beach, FL 33767
Investment Highlights
- Clearwater Beach Waterfront - 4 buildings
- Possible Redevelopment Site - ( 14 condos or 36 hotel rooms ) must verify with city
- 4 Parcels - 3 land parcels and .29 parcel of submerged land currently a waterfront motel
Executive Summary
This rare waterfront redevelopment opportunity is located on Clearwater Beach’s Bay Esplanade, offering a prime position along the Intracoastal Waterway. The property spans approximately 0.67 acres and includes three land parcels plus an additional 0.29-acre submerged land parcel. Currently operating as a motel with 21 units across four buildings, the site provides significant upside for redevelopment into a luxury residential or hospitality project. Preliminary discussions suggest potential for up to 14 condominium units or 36 hotel rooms, subject to city approval.
The site boasts 198 feet of waterfrontage, concrete seawall, and over 25 off-street parking spaces, making it an attractive canvas for developers seeking to capitalize on Clearwater Beach’s strong tourism and residential demand. Public utilities, including water and sewer, are available, and the property is zoned for commercial use. Its location offers convenient access to Mandalay Avenue, Clearwater Beach attractions, and the Memorial Causeway, connecting to downtown Clearwater and the greater Tampa Bay region.
The site boasts 198 feet of waterfrontage, concrete seawall, and over 25 off-street parking spaces, making it an attractive canvas for developers seeking to capitalize on Clearwater Beach’s strong tourism and residential demand. Public utilities, including water and sewer, are available, and the property is zoned for commercial use. Its location offers convenient access to Mandalay Avenue, Clearwater Beach attractions, and the Memorial Causeway, connecting to downtown Clearwater and the greater Tampa Bay region.
Property Facts
Amenities
- Signage
- Waterfront
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $559,274 CAD | |
| Land Assessment | $5,073,316 CAD | Total Assessment | $5,632,590 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$5,073,316 CAD
Improvements Assessment
$559,274 CAD
Total Assessment
$5,632,590 CAD
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629 Bay Esplanade - 629 Bay Hotel
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