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Gelfand Realty Miami Properties - Multi Family

217 CORONADO, CLEARWATER BEACH, FL 33767

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Multi Family -

217 CORONADO, CLEARWATER BEACH, FL 33767

Sold Price$2,725,000 Asking Price$3,100,000

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  • Days on market:

    38 day(s)
  • Original Price:

    $4,700,000
  • Price per sqft:

    $240.65
  • Tax Legal Description:

    COLUMBIA SUB BLK B, W 105FT OF LOT 2 AND N 50FT OF LOT 4 OF COLUMBIA SUB REPLAT
  • Tax Year:

    2016
  • Property Type:

    Multi Family
  • Special Listing Conditions:

    None

Description

$3,100,000 • living size area 12882 sqft

Redevelopment opportunity in the shadow of the new wyndham grand, or rehab and reopen the existing 23 units of the riviera motel! this property is one short block away from the sugar sand of beautiful clearwater beach - with the beach access between the wyndham and hyatt (very nice neighbors)! existing configuration would also allow for a small retail use in the single story building on the north end of the coronado dr frontage. existing pool should be demolished and removed to create a functional parking court in the center of the property. for redevelopment - by itself this site can accommodate 40 motel units, retail is also allowed, or mixed use or residential condos at a lower density. an assemblage may be possible for a larger scale redevelopment plan. property needs work (understatement), and will be sold as is, where is.

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