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Hamden/Coronado - Parcel C - 1.75 acres

1.75 Acres of Commercial Land Offered at $25,000,000 in Clearwater Beach, FL 33767

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Investment Highlights

Currently an income producing parking lot
Small waterfront parcel included (29-15-08-17622-000-0010)

Last large parcel on Clearwater Beach
Design plans available

Executive Summary

can build over 200 units with the purchase of additional density units.

Parcel C Survey

Financial Summary (Actual - 2022) Click Here to Access	Annual	Annual Per AC
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per AC	$9.99

Other Income
Annual	-
Annual Per AC	-

Vacancy Loss
Annual	-
Annual Per AC	-

Effective Gross Income
Annual	$99,999
Annual Per AC	$9.99

Net Operating Income
Annual	-
Annual Per AC	-

Property Facts

Price	$25,000,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial Hospitality Hotel
No. Lots	1	Total Lot Size	1.75 AC

Price	$25,000,000
Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Hospitality Hotel
Total Lot Size	1.75 AC

1 Lot Available

Lot

Price	$25,000,000	Lot Size	1.75 AC
Price Per AC	$14,285,714

Price	$25,000,000
Price Per AC	$14,285,714
Lot Size	1.75 AC

currently a parking lot.

Description

This prime 1.757-acre waterfront property in Clearwater Beach is a lucrative investment opportunity, currently generating over $1 million annually from an established parking business. It includes approved plans for a 166-room luxury hotel with amenities such as nearly 400 parking spaces, upscale restaurants, and a rooftop swimming pool, alongside optional commercial retail space. The property comes with valuable development density units, enhancing its worth and offering the potential for further expansion. Its strategic location with three-sided road access ensures excellent connectivity, and the serene water views add to its desirability. In essence, this is a multifaceted investment opportunity combining immediate income generation with significant future development potential in one of Florida’s top coastal destinations.

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