Commercial Sale · Hotel/Motel
653 MANDALAY AVENUE, CLEARWATER, FL, 33767
Active1050 days on marketListed Sep 26, 2023MLS #U8215120
About this property
The property at a glance
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.
11,056
Building sq ft
$1,085
Price / sq ft
0.36
Lot acres
1948
Year built
22
Units
2
Buildings
Hotel/Motel
Property type
The numbers
Investment snapshot
$545,455
Price / unit
22
Units
Estimated payment (illustrative)
Estimated payment
$56,551/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Jessica to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,289
Population
$87,434
Median income
58
Median age
2
Avg household
$801,867
Median home value
$2,184/mo
Median rent
104
Households w/ kids
Consumer profile
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Recent sales
What actually sold near 653 MANDALAY AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$46,379
585 MAIN STREET
4,350 sqft · $11/sqft · Sold Jun 1, 2025
$1,050,000
602 S MARTIN LUTHER KING JR AVENUE
4,400 sqft · $239/sqft · Sold Feb 20, 2025
$960,000
1155 NE CLEVELAND STREET
4,441 sqft · $216/sqft · Sold Dec 16, 2024
Your team
The pros in your corner
Your agent
Jessica Stickler
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 653 MANDALAY AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 653 MANDALAY AVENUE.
See it in person
Schedule a tour
Live availability from Jessica's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of VIEWPOINT REALTY INTERNATIONAL · Georgette Gillis. MLS #U8215120.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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