For Sale
$8,500,000

628 Mandalay AveClearwater, FL 33767

Prime Beachfront B&B, 11 Units

Overview

Added:
Dec 11, 2024
Days on market:
114
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
Units
11

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.987772295118
Longitude
-82.826613678378
628 Mandalay Ave, Clearwater, Florida

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628 Mandalay Ave
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