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50 Royal Way - 3 Waterfront Parcels 0.48 Acres of Commercial Land Offered at $7,900,000 in Clearwater, FL 33767
Investment Highlights
- 107' of waterfrontage with 2 docks
- can redevelop or keep motel
- .48 acres
Executive Summary
Redevelopment site - must verify with city ( 14 condos or 36 hotel rooms )
Property Facts
1 Lot Available
Lot
| Price | $7,900,000 | Lot Size | 0.48 AC |
| Price Per AC | $16,458,333.33 |
| Price | $7,900,000 |
| Price Per AC | $16,458,333.33 |
| Lot Size | 0.48 AC |
107' of waterfrontage
Description
3 Parcels currently a waterfront motel with 3 buildings - 21 total units - .48 acres - 107 feet of waterfrontage with 2 docks, pool and 25+ off street parking spaces. Redevelopment site - must verify with city ( 14 condos or 36 hotel rooms ) or keep as a motel .
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $861,735 (2025) | |
| Land Assessment | $2,653,265 (2025) | Total Assessment | $3,515,000 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$2,653,265 (2025)
Improvements Assessment
$861,735 (2025)
Total Assessment
$3,515,000 (2025)
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50 Royal Way - 3 Waterfront Parcels
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