Commercial Sale Active
331 CORONADO DRIVE,Clearwater,Pinellas,Commercial Sale
331 CORONADO DRIVE
  • $2,690,000

Overview

Property ID: O6447559
  • O6447559
  • Property ID
  • Hotel/Motel
  • Property Type
  • 0.15
  • Lot Square Feet
  • 2453
  • Square Feet
  • 1953
  • Year Built

Description

Rare Clearwater Beach redevelopment site, ±450 feet from the sand. 331 Coronado Drive sits in the center of the South Beach hotel district, across from the Hyatt Regency, beside the 255-room Residence Inn and SpringHill Suites, and less than half a mile from Pier 60 and Beach Walk. Tripadvisor ranked Clearwater Beach the No. 2 beach in the United States for 2026, and Pinellas County welcomed nearly 15 million overnight visitors in 2025.

Small parcels this close to the beach seldom come to market. The lot is ±6,726 SF (0.15 acre) with ±60 feet of frontage on Coronado Drive, the main corridor carrying visitors from the Pier 60 roundabout to the South Beach hotels. Two public parking garages stand directly across the street.

Zoning is Tourist (T) with a Resort Facilities High land use, and it allows an unusually wide range of uses. The City of Clearwater confirmed in September 2026 that the lot can be developed with resort residences that may be rented for any term (up to 4 units), mixed use, restaurant, bar, retail or office. Heights of 35 to 50 feet are available through staff review and up to 100 feet through a public hearing. No rezoning is required. All development is subject to City approval.

The existing 1950s buildings, formerly a 3-unit vacation rental with a pool, were damaged in the 2024 hurricanes and have been taken down to the shell. The property is offered as-is, giving a buyer a clean start and allowing new construction above the flood elevation with parking below. Concept studies are available for 2 options, including a 4-residence building with a rooftop terrace and an elevated restaurant with open-air dining.

Suited to a developer, a short-term rental investor, or a restaurant or retail operator who wants a permanent place in one of the top beach markets in the country.

Schedule a Tour

Your information

Contact Information

Signature Collection Realty
  • Signature Collection Realty

Enquire About This Property

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • Monthly HOA Fees
$
%
%
%
$
$

Compare listings

Compare
Signature Collection Realty
  • Signature Collection Realty

George Radford

George Radford, 32 years old and from London. Co-founder and director of Bellingtons Property Group. George describes him as a hardworking, enthusiastic and determined young entrepreneur. George decided to co-found Bellingtons Property Group to be a part of something that is meaningful, impactful and helps others. Not content on letting his clients settle for mediocracy, George is someone that sets goals and helps his clients achieve them.

With family ties in the Marbella area for more than 30 years, George has lived and worked here for many years accumulating invaluable first-hand knowledge and connections that he can pass on to benefit his clients. When asked how George would describe his clientele, he says “My wonderfully diverse clients are great! From finance to tech, elite sport to medicine, working with such a broad range of professionals is so enjoyable”. George has experience when it comes to selling every type of property. Working with first time buyers to luxury homes, he values providing an unparalleled service that he can be proud of.

 What clients appreciate most when working with George is his laid back, low pressured and patient approach with them yet tenacious attitude and commitment on their behalf. George feels strongly that his ability to listen and comprehend his clients demands is what helps him build such strong client relationships.

  • +34 664 01 34 40
  • george@bellingtonspropertygroup.com

Sam Bobes Gilroy

As a native Andalusian with a British heritage, Sam is a fluent English and Spanish speaker who has lived his in Marbella for 30 years. Sam has been one of the most influential individuals in the Real Estate sector for the last 8 years, gaining invaluable experience along the way whilst working for several leading brand name agencies before co-founding Bellingtons Property Group.

Sam brings extensive industry experience to the team, allowing him to advise his international clients complete solution to fulfil their needs, whilst streamlining the whole process whether it be buying or selling. He’s obtained a very strong real estate network during his early successful career and prides himself on his excellent local knowledge, setting his clients up for success.

  • +34 637 13 91 98
  • sam@bellingtonspropertygroup.com

Pelayo Gomez Picó

Pelayo is the co-founder and partner of Bellingtons Property Group. A graduate from Richmond, The American University in London with BSc Honours in Business Management & Finance, Pelayo is highly acquainted with corporate planning, risk management whilst having strong negotiation, communication, and quantitative skills.

He has ample experience dealing with high-net-worth clients while he excelled working for a boutique hedge fund in London, assigned to the derivatives desk where he focused on Options Trading in US markets. With his diverse background, as well as being born and raised in Marbella, Pelayo has brought another dimension to the ethos of the company.

Pelayo speaks three languages: English, German, and his native tongue, Spanish.

  • +34 661 41 43 56
  • pelayo@bellingtonspropertygroup.com