Intracoastal Potential ± 65,000 SF Boutique Hotel / Condominium Development Site

657 & 663 Bay Esplanade Clearwater Beach, FL 33767

657 & 663 Bay Esplanade, Clearwater Beach, FL, 33767
657 & 663 Bay Esplanade, Clearwater Beach, FL, 33767
Property Type:
Other Land
Last Verified:
Oct 01, 2019


  • “No. 1 on America’s Top 25 Beaches for 2018” - TripAdvisor
  • Directly on the Intracoastal Waterway
  • Only a 4-minute walk to the beach
  • Conceptual architectural plans include 27 rooms with 11 lockouts for a total of 38 units
  • Rooftop amenities include infinity pool, fitness center, outdoor kitchens and dog walk
  • Oversized outdoor waterfront patio for every unit
  • Close proximity to restaurants, bars and nightlife yet far enough away to enjoy peace & quiet
  • Broker of Record: Michael Bull, CCIM | FL License# 3165854


Opportunity to develop a 65,000 SF boutique hotel / vacation rental / condominium on the Intracoastal Waterway (ICW) in the popular Clearwater Beach, near Tampa and St. Petersburg.

Existing plans included provide for 27 rooms with 11 lockouts for a total of 38 units.

The 15,246 SF (0.35 AC) Tourist (T) zoned site has incredible views over the Intracoastal Waterway and is well-located near popular attractions, dining, nightlife and the beach.

Located on the Mandalay Channel in Clearwater Beach, FL.

Lot Size: 0.35 acres

Map of 657 & 663 Bay Esplanade, Clearwater Beach, FL, 33767

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.