Bay Esplanade and Poinsetta Ave Clearwater Beach FL, Clearwater Beach, FL 33767

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Bay Esplanade and Poinsetta Ave Clearwater Beach FL is located in Clearwater Beach, FL.

Bank owned at $5,150,000. Now asking $950,000.
Less than $20 PSF for 1.09 acres on Clearwater Beach.

Total land area is 47,643 square feet (1.093 acres; 41,164 square feet at 650 Bay Esplanade and 6,479 square feet at 669 Bay Esplanade).

Hotel Density: 154 rooms allowed on this site. Based on the base density of 50 rooms/acre in the Tourist District, the base number of rooms is 54 rooms. Based on the maximum density of 150 rooms/acre under the Hotel Density Reserve, the maximum number of rooms is 163 rooms; however, Beach by Design does not permit more than 100 rooms from the Hotel Density Reserve if your parcel is less than 2.5 acres in size. Therefore, the maximum number of rooms for this site (in two “parcels”) is 154 rooms (54 + 100).

Zoning and Designation: Old Florida Character District of Beach by Design, where the maximum height for overnight accommodation uses is 75 feet. There are also other design guidelines for the Old Florida Character District that will guide the actual design of the site and building. There are also requirements under the Hotel Density Reserve and the Design Guidelines of Beach by Design that will also affect the design of the site and building. The parking requirement is 1.2 parking spaces per room. Additionally, the number of docks/slips is subject to a design that meets not only the City of Clearwater’s Community Development Code, but Pinellas County, SWFWMD and the Army Corps of Engineers.

6 land parcels on clearwater Beach.
Lender Owned
1 parcel waterfront: 60' X 100'
other 5 parcels contigious 40,266 SF
Property owns bottom land 60' X 300" for 3 docks
Tourist Zoning: commercial, hospitality, multifamily. Old Florida District.

Parcel #'s
05/29/15/54756/082/0010 (0020) (0110) (0120) (0130)
05//29/15/54756/077/0080 (waterfront)
2010 County Appraiser value is $1,321,932.00
2010 Real Estate Taxes $27,695