602 POINSETTIA AVE, Clearwater Beach, FL 33767

DEVELOPERS DREAM...redevelopment opportunity and is currently licensed as a motel. Views to the sandy white beach of clearwater and the intercoastal all of which you can walk to in minutes. Fine restaurants and shopping along Mandalay Ave. Property is approved under clearwater zoning to put up a 40 unit high-rise motel to capture the spectacular views of the intercoastal and the breath taking sunsets on the gulf. Great zoning: Tourist. Base elevation around 11’ ALLOWS; 1.) Hotel (highest and best use) 75’ above base elevation around ( 1.2 parking spaces parking required per key ): Total land area =15400 ÷ 43560 = .35 X 50= 17..5 rooms. With the City of Clearwater hotel room pool where you can add additional room as long as you meet the set-back, height restrictions. Residential Condo’s 65’ height restrictions above Base elevation., 30 units per acre., 2 parking spaces required per Condo EXAMPLE: Total land area =15400 ÷ 43560 = .35 X 30= 10 total buildable condo's. 3.) Condo Hotel (Attached Dwelling) 65’ height, above Base elevation above , 30 units per acre, 1.5 parking space requirement per Condo. EXAMPLE: Total land area =15400 ÷ 43560 = .35 X 30= 10 total units