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ADDRESS: 50 Somerset St. LOCATION: From Memorial Causeway turn North on Mandalay
Clearwater, FL 33767 Ave., turn East on Somerset St. LAND AREA: 13,200 SF ZONING: T (Tourist) DIMENSIONS: 120’x 110’ LAND USE: RFH – (Resort Facilities High) FLOOD ZONE: AE (Flood Insurance Required) IMPROVEMENTS: Building 1 (3,084 SF)
Building 2 (2,070 SF) LEGAL DESCRIPTION: MANDALAY UNIT NO. 5 REPLAT
BLK 83, LOTS 5 AND 6 AS DESC. IN PL. 20, PG. 27 YEAR BUILT: 1968 PARKING: 12 spaces UTILITIES: Water, Sewer & Trash (City of Clearwater) Electric (Duke Energy) PRESENT USE: Church Use TAXES: $24,498 Estimated (2017)
PRICE: $1,500,000
PARCEL ID: 05-29-15-54756-083-0050 TERMS: cash and/or financing NOTES: This Clearwater Beach concrete block motel consists of 10 units within walking distance to the Clearwater Beach
sand or Intracoastal. The zoning is T (Tourist) and Land Use (RFH – Resort Facilities High). The property is a U shaped concrete block “Old Florida” motel with six (1-bedroom/1-bath units), one (2-bedroom/1-bath unit) and three (efficiencies) with a courtyard in the middle with pool/patio and covered walkways. New roof in 2012 and 80% of AC systems are less than 5 years old. Currently the property is being used as a retirement home for a religious organization. Property is extremely well maintained and in mint condition.
SHOWING INFORMATION: Property is currently occupied. Please call Angel Calkins at (727) 483-2512 for a private
showing.
SI-1438 PROPERTY OVERVIEW Revise 5/3/18
The information contained herein was gathered from sources believed reliable; however, Klein & Heuchan, Inc., or its agent, cannot be responsible for errors, omissions, changes, withdrawal, or prior sale.