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Investment Highlights

  • 79 Rooms
  • Expected New Buyer PIP: Approximately $1.5M
  • Within ~1.5 Miles from St. Pete–Clearwater International Airport
  • 2006 Construction
  • Property Is on a Ground Lease with St. Pete–Clearwater International Airport
  • Within ~16 Miles from Downtown Tampa

Executive Summary

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 79-room SpringHill Suites by Marriott, located in Clearwater, Florida. The property is a three-story, limited-service hotel directly off of Ulmerton Road and conveniently located near world-renowned beaches (Clearwater Beach, St. Pete Beach), top attractions like Tropicana Field and downtown St. Petersburg, major corporate offices, tech parks, and St. Pete–Clearwater International Airport. Additionally, the property presents the opportunity to operate a highly desirable flag within the rapidly growing Tampa - St. Petersburg - Clearwater MSA, known for its strong tourism, healthcare, defense, and finance sectors driving year-round demand. The SpringHill Suites St. Petersburg Clearwater offers investors the opportunity to acquire a 79-room, interior-corridor property in a highly established and growing market with value-add potential.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.86 AC
Building Size 52,265 SF
No. Rooms 79
No. Stories 3
Year Built/Renovated 2006/2015
Parking Ratio 1.4/1,000 SF
Corridor Interior
Zoning C-2 - General commercial uses like retail, hotels, offices, and service businesses.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 79 $109.00 -
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
34-29-16-00110-000-0022
Land Assessment
$1,111,574
Improvements Assessment
$6,288,426
Total Assessment
$7,400,000
  • Listing ID: 36092926

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 3485 Ulmerton Rd, Clearwater, FL 33762

Contact the Sale Advisor

SpringHill Suites by Marriott St. Petersburg | 3485 Ulmerton Rd

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