Fantastic Clearwater Beach investment opportunity — high-visibility waterfront hotel with monument street sign. Five-story property offering 66 income-producing units, waterfront pool, private dock, and off-street parking. City-approved plans for additional commercial space add redevelopment upside( to be verified with the city). Prime location steps from dining, shopping, beach access and area attractions. Ideal for hotel owner-operator, redevelopment or mixed-use conversion. Sold AS-IS. Buyer to verify all facts, measurements and entitlements.
Garage:
Ground Level, Over 30 Spaces
Construction
Block, Stucco
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Water Connected
Lot Description:
Flood Insurance Required, Landscaped, Near Public Transit, Sidewalk, Street Lights, Waterfront
504 S GULFVIEW BOULEVARD, Clearwater, FL, 33767
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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