Commercial Sale · Hotel/Motel
621 BAY ESPLANADE, CLEARWATER BEACH, FL, 33767
Active4 days on marketListed Jul 20, 2026MLS #TB8529952
About this property
The property at a glance
Rare Clearwater Beach Waterfront Development Opportunity. A premier waterfront opportunity located along the highly desirable Mandalay Channel in Clearwater Beach. This exceptional property offers approximately 185 feet of seawall frontage with expansive open-water views and ownership of both the upland property and submerged lands. Currently operating as an income-producing vacation rental property, this rare waterfront asset provides immediate revenue potential while offering significant opportunity for a future luxury waterfront redevelopment concept. Property highlights include: - Approximately 185 feet of seawall frontage - Ownership of upland property and submerged lands - Prime Mandalay Channel location with outstanding water views - Exceptional boating access - Significant potential for future dock and waterfront improvements - Preliminary waterfront planning indicates substantial slip potential (buyer to verify all dimensions, approvals, and feasibility) - Existing 18-unit vacation rental operation - One of the larger remaining privately owned waterfront parcels available on Clearwater Beach
12,692
Building sq ft
$1,182
Price / sq ft
1.47
Lot acres
1953
Year built
1
Building
Hotel/Motel
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$71,453/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 David 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 621 BAY ESPLANADE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,900,000
404 S MARTIN LUTHER KING JR AVENUE
10,240 sqft · $186/sqft · Sold Mar 26, 2026
$10,920
1221 TURNER STREET
10,298 sqft · $1/sqft · Sold Jan 16, 2025
$1,050,000
701 N MARTIN LUTHER KING JR AVENUE
8,662 sqft · $121/sqft · Sold Dec 19, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 621 BAY ESPLANADE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 621 BAY ESPLANADE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of VIEWPOINT REALTY INTERNATIONAL · Georgette Gillis. MLS #TB8529952.
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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