Hotel/Motel at 621 BAY ESPLANADE, CLEARWATER BEACH
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26 photos

$15,000,000

621 BAY ESPLANADE
CLEARWATER BEACH, FL 33767
Listed by Georgette Gillis · VIEWPOINT REALTY INTERNATIONAL
Bedrooms
N/A
Bathrooms
N/A
Living area
9,936 sqft
Year built
1953

About this home

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

Highlights

Waterfront

Property details

MLS #
MFRTB8529952
Property type
Hotel/Motel
Subdivision
MANDALAY UNIT 5 REP
Status
Active
Days on market
3
On market date
July 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.47 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
SANDY LANE ELEMENTARY SCHOOL
2.63 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
324
Student:teacher ratio
10.5:1
District
PINELLAS
Middle
DUNEDIN HIGHLAND MIDDLE SCHOOL
2.97 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,022
Student:teacher ratio
19.7:1
District
PINELLAS
High
DUNEDIN HIGH SCHOOL
4.41 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,196
Student:teacher ratio
20.3:1
District
PINELLAS

Walkability

Blended score for CLEARWATER BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores1
Parks10
Schools1
Transit stops20
Pharmacies3

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$90,482/mo
$3,000,000 down
$12,000,000 loan
Principal & interest$77,832
Property tax (est.)$12,500
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.