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$12,000,000

653 MANDALAY AVENUE, CLEARWATER, FL 33767

3D Tour

Active1079 days on market

Beds

—

Baths

Sq Ft

4,360 sq ft

Year Built

1948

Lot Size

0.36 acres

Garage

—

About This Property

Located on beautiful Clearwater Beach. Everything has been updated. 22 unit motel on main thoroughfare with pool. Two - 2 story buildings on a 1/3 of an acre. Across the street from the beach access.

Property Overview

Property TypeCommercial Sale

Sub TypeHotel/Motel

MLS #U8215120

StatusActive

Year Built1948

ConstructionBlock

FoundationSlab

SubdivisionMANDALAY UNIT 5

CountyPinellas

OwnershipSole Proprietor

Interior Features

CoolingOther

HeatingCentral

Exterior & Lot

Lot Size0.36 acres (15,655 sq ft)

Lot FeaturesNear Public Transit, Sidewalk

Road SurfacePaved, Asphalt

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesBB/HS Internet Capable, Electricity Available, Water Connected

Parking

GarageNo

HOA & Community

HOANo

Senior CommunityNo

Financial Details

List Price$12,000,000

Annual Taxes$29,175 (2022)

FinancingCash, Conventional

Parcel #052915547470840060

Directions

West on Memorial Causeway to roundabout - head north on Mandalay to address on the right.

Location

653 MANDALAY AVENUE, CLEARWATER, FL 33767

Listing Information

OfficeVIEWPOINT REALTY INT'L INC

ListedSeptember 26, 2023

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Home Price

$12,000,000

Down Payment20% ($2,400,000)

Interest Rate6.75%

Loan Term

Principal & Interest$62,265

Property Tax (est.)$11,000

Insurance (est.)$150

Total Monthly$73,415

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: May 21, 2026.