For Sale
$8,500,000

628 Mandalay Ave Clearwater, FL 33767

Prime Beachfront B&B, 11 Units

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents an established 11-unit Air B&B located at 628 Mandalay Ave, Clearwater, Florida, 33767. Situated on a prominent main thoroughfare in Clearwater Beach, this property boasts a prime location just steps from the sand. The 0.30-acre site comprises three separate buildings, offering a unique blend of existing income generation and significant redevelopment potential. Currently operating as a successful Air B&B, the property offers immediate returns with the potential for substantial future growth. The asking price for this turnkey business and building is $8,500,000. The property's strategic location on Clearwater Beach, a highly sought-after tourist destination, ensures consistent demand and strong rental income. The existing infrastructure provides a solid foundation for continued operation as an Air B&B, while the size and location of the land present exciting possibilities for future development projects. This is a rare opportunity to acquire a thriving business with significant upside in one of Florida's most desirable coastal communities. Detailed financial information and operational data are available upon request. Don't miss this chance to own a piece of Clearwater Beach paradise.

Highlights

  • Prime Clearwater Beach location, steps from the sand.
  • 11-unit established AirBnB generating immediate income.
  • 0.30-acre site with three buildings offering redevelopment potential.
  • Asking price: $8,500,000.
  • Turnkey business with strong rental income and significant upside.

Property Details for 628 Mandalay Ave

Property type
Commercial real estate
Units
11

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.987772295118
Longitude
-82.826613678378

FAQs

What type of property is this?
Commercial real estate - Prime Beachfront B&B, 11 Units
Where is the commercial real estate located?
The property is located at 628 Mandalay Ave Clearwater, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Prime Clearwater Beach location, steps from the sand.; 11-unit established AirBnB generating immediate income.; 0.30-acre site with three buildings offering redevelopment potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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628 Mandalay Ave
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