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Monaco Vacation Rentals 648 Poinsettia Ave 41 Room Hotel Clearwater Beach, FL 33767 $24,600,000 ($600,000/Room)
INVESTMENT HIGHLIGHTS
- 2 minute walk to the beach
- Heated pool
- Over 1 acre of land
- Parking resurfaced 2023
EXECUTIVE SUMMARY
This hospitality asset is a 41-room motel situated on 1.1 acres in the heart of Clearwater Beach, just a 2-minute walk from the shoreline. Built in 1960 and recently renovated in 2025, the property spans approximately 22,388 square feet and is zoned for Tourism (T) use. The site comprises four parcels, offering potential for future redevelopment or continued motel operations.
PROPERTY FACTS
| Price | $24,600,000 | Building Size | 22,388 SF |
| Price Per Room | $600,000 | No. Rooms | 41 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2025 |
| Property Subtype | Hotel | Parking Ratio | 3.04/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 1.10 AC | ||
| Zoning | T - Tourism | ||
| Price | $24,600,000 |
| Price Per Room | $600,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 22,388 SF |
| No. Rooms | 41 |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2025 |
| Parking Ratio | 3.04/1,000 SF |
| Corridor | Exterior |
| Zoning | T - Tourism |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 41 | $428.00 | - |
PROPERTY TAXES
| Parcel Number | 05-29-15-43264-000-0001 | Improvements Assessment | $2,871,557 |
| Land Assessment | $4,928,443 | Total Assessment | $7,800,000 |
PROPERTY TAXES
Parcel Number
05-29-15-43264-000-0001
Land Assessment
$4,928,443
Improvements Assessment
$2,871,557
Total Assessment
$7,800,000
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Monaco Vacation Rentals | 648 Poinsettia Ave
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