This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1320 Cleveland St
Clearwater, FL 33755
Regal Motel · Hospitality Property For Sale
·
34 Rooms
Investment Highlights
- 34 Units Total
- 1 Acre Lot
- Close to Clearwater Beach
- $1Million Recent Renovations
- Inground Swimming Pool
- Seller will consider financing w/substantial down payment
Property Facts
Amenities
- Outdoor Pool
- Smoke Detector
About 1320 CLEVELAND ST , CLEARWATER, FL 33755
The Tropical Inn & Suites is a gorgeous, unique motel that has completed over $1M in recent renovations, all modern brand new interior & exterior, its a private tropical paradise! Nicely redone landscaping with foxtail palms and LED lighting to enhance the property. Located near downtown Clearwater and only a 10min drive to the world-famous "Clearwater Beach". This motel is perfect as an ABNB investment property. So far this year has grossed $100k, the annual gross is expected to range from $700-800k by the end of 2020. Seller will consider financing w/substantial down payment. * 34 Units * One Acre Lot * Inground Swimming Pool *Low Expenses
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 34 | $53.00 | - |
Property Taxes
| Parcel Number | 15-29-15-12276-002-0230 | Improvements Assessment | $1,822,634 |
| Land Assessment | $662,366 | Total Assessment | $2,485,000 |
Property Taxes
