Welcome to the heart of Clearwater, where opportunity meets sophistication in this newly renovated motel located in the bustling Central Business District on Gulf to Bay Blvd. Boasting 13 keys within its 5,546-square-foot space, this property has undergone extensive renovations, making it a turnkey investment awaiting its next visionary owner.Situated on a .61-acre lot, this presents architectural drawings for an additional 11 units and a pool, setting the stage for future expansion. Its enviable location directly on Gulf to Bay Blvd ensures access to higher Average Daily Rates (ADR) and occupancy rates, courtesy of the 15.4 million ecotourists who flock to Pinellas County’s renowned beaches annually. Just 6 miles from Clearwater Beach, 10 miles from Belleair Beach, 11 miles from Indian Rocks Beach, and 10.6 miles from Ben T Davis Beach. It also enjoys proximity to key travel hubs, being a mere 6 miles from Clearwater/St. Pete International Airport and 14 miles from Tampa International Airport. The motel itself has undergone a complete transformation in 2023, ensuring that it meets the highest standards of modernity and functionality. Every aspect of the property has been meticulously upgraded, including new plumbing piping, valves, and fixtures, split-unit air conditioning systems, water heaters, and top-quality Vinyl flooring. The electrical infrastructure has been completely overhauled with new panels, meters, and wiring throughout.Beyond the property’s physical transformation, the surrounding area offers enticing municipal incentives, including grants from The Downtown Development Board, fostering a vibrant live, work, and play environment. With the potential for up to 35 units per acre, building heights of up to 55 feet, and .61 FAR lot coverage, this property represents a canvas for unlimited possibilities.Beyond the motel, the allure of Downtown Clearwater lies in its fusion of waterfront living and urban ambiance. Welcoming nearly 2 million visitors annually, it serves as an international tourist destination with diverse shopping, dining, and entertainment options for both visitors and locals.The broader Pinellas County, home to over 972,000 residents, boasts an international airport, a thriving aviation and aerospace industry, and the state’s third-largest manufacturing base of employment. The region’s 360 days of sunshine annually attract 15.4 million tourists, contributing to an annual spending of $7 billion and fostering continuous growth.The Tampa/St. Petersburg-Clearwater Metropolitan Statistical Area (MSA) is the 18th largest in the United States, with a population exceeding 3,175,275 and a rapid growth rate of 1.39%. The area’s diverse employment landscape includes finance, insurance, healthcare, information technology, avionics, housing, and higher education and research. Home to major professional sports teams and the largest port in Florida, the Tampa Bay Area boasts a robust $15.1 billion local economy.Strategic logistic paths, such as Interstate 4 (I-4) and Interstate 275 (I-275), connect the property to key destinations, ensuring seamless access for residents, tourists, and businesses alike.As the region experiences exciting developments like Gas Worx, Ybor Harbor, Tropicana Field, Rome Yards, and Water Street Tampa Bay, investing in this newly-renovated motel positions you at the forefront of the dynamic growth unfolding in Clearwater’s Central Business District. Don’t miss your chance!