$269,000

About this home

Rare Waterfront Investment & Vacation Opportunity on Clearwater Beach! Discover the perfect blend of coastal charm, investment potential, and carefree ownership at the boutique Coral Resort, ideally situated on the Intracoastal Waterway and just moments from the world-famous sugar-white sands of Clearwater Beach. Whether you're searching for a relaxing vacation retreat, a full-time beach escape, or a turnkey income-producing property, this exceptional opportunity checks every box. Even better, the adjoining studio is also available for purchase, creating a rare opportunity to own two side-by-side units for expanded personal use, multi-generational vacations, or enhanced rental income potential. This second-floor condo was untouched by the recent hurricanes, offering buyers added confidence and peace of mind. The community has also completed extensive property improvements, including new plumbing, updated electrical systems, and beautifully renovated pool and patio areas, allowing you to enjoy a refreshed, well-maintained waterfront community from day one. As an added bonus, because Coral Resort is a two-story building, it is not subject to Florida's milestone inspection requirements or structural integrity reserve study requirements that apply to many taller condominium buildings. Unlike many condo-hotel properties, Coral Resort offers unlimited owner usage, giving you the freedom to enjoy your Florida getaway whenever you choose while also providing the flexibility to generate income through short-term or long-term rentals. Rental Management available. This fully furnished, turnkey second-floor studio is thoughtfully designed to maximize both comfort and functionality, featuring a queen Murphy bed, kitchenette, walk-in shower, and an inviting living space that's ready to enjoy from day one. Coral Resort has earned a loyal following of returning guests thanks to its welcoming atmosphere and outstanding waterfront location. Owners and guests enjoy a heated swimming pool maintained at a comfortable 86 degrees year-round, on-site laundry facilities, and a private fishing pier overlooking the beautiful Intracoastal Waterway. Spend your mornings watching dolphins play from the dock or poolside before heading to Clearwater Beach to experience breathtaking Gulf sunsets each evening. Location truly is everything. Just blocks from the iconic Pier 60, you'll enjoy convenient access to award-winning restaurants, waterfront cafés, boutique shopping, entertainment, and Clearwater Beach's vibrant nightlife. Favorite nearby destinations include Frenchy's Original Café, Clear Sky Café, Palm Pavilion, Frenchy's Rockaway Grill, Hogan's Hangout, and many other local favorites. Whether you're looking for a personal beach retreat, a flexible vacation home, or a smart investment in one of Florida's most desirable coastal destinations, opportunities like this are incredibly rare. Purchase one—or secure both adjoining units—and start enjoying the Clearwater Beach lifestyle you've always imagined. Schedule your private showing today!

Property details

MLS

Stellar MLS

MLS #

MFRTB8323285

Property type

Condo - Hotel

Subdivision

CORAL MOTEL CONDO

Status

Active

Days on market

637

On market date

November 22, 2024

Stories

N/A

Total bathrooms

1

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.41 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.