653 MANDALAY AVENUE Clearwater, FL ^$ 8,000,000

653 MANDALAY AVENUE

^$ 8,000,000

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653 MANDALAY AVENUE

Clearwater, FL, 33767

^$ 8,000,000

Bedrooms-- Baths-- Sq 4,360

Monthly Estimate*

^$ 49,910

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 1

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 2

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 3

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 4

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 5

653 MANDALAY AVENUE, Clearwater, FL 33767 - Image 6

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Commercial Property for sale in Clearwater, FL

for $8,000,000. This 4,360 square foot building was built in 1948 on a lot size of 0.36.

Located on beautiful Clearwater Beach. Across the street from the beach access. Main thoroughfare. 22 unit motel with pool. Two, 2 story buildings with pool. 1/3 of an acre. 1st floor was affected by hurricane and is currently being renovated

Commercial Active

Price

^$ 8,000,000

Property Type

Commercial

Taxes

^$ 29,175

Style

Hotel/Motel

Lot Size

0.36

Year Built

1948

Town/City

Clearwater

County/Region

Pinellas

MLS | Web ID

U8215120

Features

General

Sewer public sewer

Heating central

Cooling other

Utilities bb/hs internet capable electricity available water connected

Construction Materials block

Year Built 1948

Property Subtype hotel/motel

Tax Year 2022

Ownership sole proprietor

County pinellas

New Construction no

Property Type commercial sale

HOA N

Subdivision Name mandalay unit 5

Status active

Directions west on memorial causeway to roundabout - head north on mandalay to address on the right.

City clearwater

Number Of Units Total 22

MLS Area 33767 - clearwater/clearwater beach

Lot Size Units square feet

Lot Size Square Feet 15655

Listing Terms cash conventional

Tax Annual Amount 29175

Additional Parcels Y/N no

Virtual Tour https://www.propertypanorama.com/instaview/stellar/u8215120

Building Area Units square feet

Living Area Units square feet

Standard Status active

Tax Lot 4

Legal Description mandalay unit no. 5 blk 84 lots 5 & 6 & n 1/2 of lot 4

Water Access Y/N no

Water View Y/N no

Flood Zone Code ae

Exterior

Parking Features 13 to 18 spaces

Lot Features near public transit sidewalk

Water Source public

Lot Size Area 15655

Foundation Details slab

Number of Buildings 2

Building Area Total 11056

Lot Size Acres 0.36

Road Surface Type paved asphalt

Waterfront Y/N no

Road Frontage Type street paved main throrughfare

Interior

Air Conditioning Y/N yes

Heating Y/N yes

Total Baths 0

Internal Only

Street Number 1 653

* Excluded Features

List By

Viewpoint Realty Int'l Inc

Broker

viewpointrealtyinternational@gmail.com

Affordability Calculator

$52,341

Per Month

Monthly Principal & Interest: $49,910
Monthly Property Taxes: $2,431
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Clearwater, FL

Average List Price ^$1,933,270

Percent of Sale Price 76%

About Clearwater, FL

114,168 Population

5% Since 2002

^$47,077 Median Income

45.09 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/6/2024	$7,000,000	-39.13%	Price Down
6/12/2024	$11,500,000	-4.17%	Price Down
9/26/2023	$12,000,000		Listed Price

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653 MANDALAY AVENUE, Clearwater, FL, 33767 is a Commercial Property for sale at $8,000,000 with 4,360 sqft and a lot size of 0.36. 653 MANDALAY AVENUE was built in 1948. The property's zip code is 33767 which is in Clearwater, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 12/7/2025.

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653 MANDALAY AVENUE

Commercial Property for sale in Clearwater, FL

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