CLEARWATER BEACH MOTEL

50 SOMERSET ST.

CLEARWATER, FL 33767

10 UNIT MOTEL

ONLY 600 FEET TO THE

INTRACOASTAL OR BEACH

ZONING: T – TOURIST

BEAUTIFUL NORTH BEACH

LOCATION

CONCRETE BLOCK

POOL & PATIO COURTYARD

PRICE: $1,500,000

SI-1438

1744 N. Belcher Rd., Clearwater, FL 33765 ■ Telephone 727-441-1951 ■ Fax 727-449-1724

www.kleinandheuchan.com

Downtown

Clearwater

Clearwater Beach

Somerset St.

Clearwater Beach Recreation

Center/Library &

Boat Ramp

North Beach

South Beach

ADDRESS: 50 Somerset St. LOCATION: From Memorial Causeway turn North on Mandalay

Clearwater, FL 33767 Ave., turn East on Somerset St. LAND AREA: 13,200 SF ZONING: T (Tourist) DIMENSIONS: 120’x 110’ LAND USE: RFH – (Resort Facilities High) FLOOD ZONE: AE (Flood Insurance Required) IMPROVEMENTS: Building 1 (3,084 SF)

Building 2 (2,070 SF) LEGAL DESCRIPTION: MANDALAY UNIT NO. 5 REPLAT

BLK 83, LOTS 5 AND 6 AS DESC. IN PL. 20, PG. 27 YEAR BUILT: 1968 PARKING: 12 spaces UTILITIES: Water, Sewer & Trash (City of Clearwater) Electric (Duke Energy) PRESENT USE: Church Use TAXES: $24,498 Estimated (2017)

PRICE: $1,500,000

PARCEL ID: 05-29-15-54756-083-0050 TERMS: cash and/or financing NOTES: This Clearwater Beach concrete block motel consists of 10 units within walking distance to the Clearwater Beach

sand or Intracoastal. The zoning is T (Tourist) and Land Use (RFH – Resort Facilities High). The property is a U shaped concrete block “Old Florida” motel with six (1-bedroom/1-bath units), one (2-bedroom/1-bath unit) and three (efficiencies) with a courtyard in the middle with pool/patio and covered walkways. New roof in 2012 and 80% of AC systems are less than 5 years old. Currently the property is being used as a retirement home for a religious organization. Property is extremely well maintained and in mint condition.

KEY HOOK #: 43 ASSOCIATE: Angel Calkins / (727) 483-2512 mobile

K&H SIGNAGE: 4’ x 6’ LISTING CODE: SI-1438-3-16

SHOWING INFORMATION: Property is currently occupied. Please call Angel Calkins at (727) 483-2512 for a private

showing.

SI-1438 PROPERTY OVERVIEW Revise 5/3/18

The information contained herein was gathered from sources believed reliable; however, Klein & Heuchan, Inc., or its agent, cannot be responsible for errors, omissions, changes, withdrawal, or prior sale.

Beach Property