Currently a waterfront motel with 3 buildings – 21 total units – .48 acres – 107 feet of waterfrontage with 2 docks, pool and 25+ off street parking spaces. Redevelopment site – must verify with city ( 14 condos or 36 hotel rooms ) or keep as a motel . All measurements are believed to be accurate but to be verified by buyer.
OriginalEntryTimestamp: February 10, 2026 at 05:01pm
OriginalListPrice: 7000000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Other
ParcelNumber: 052915547560770010
PhotosChangeTimestamp: February 10, 2026 at 05:07pm
PhotosCount: 1
PostalCodePlus4: 1539
PriceChangeTimestamp: February 10, 2026 at 07:36pm
RoadFrontageType: City Street
RoadSurfaceType: Asphalt,Paved
Sewer: Public Sewer
SourceSystemKey: 781163120
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: February 10, 2026 at 05:01pm
StreetName: ROYAL
StreetNumber: 50
StreetNumberNumeric: 50
StreetSuffix: WAY
TaxAnnualAmount: 57033.78
TaxBlock: 77
TaxBookNumber: 20-48
TaxLegalDescription: (1) MANDALAY UNIT NO. 5 REPLAT BLK 77, LOT 1 & SW'LY 1/2 OF LOT 2 AS SHOWN IN PLAT BK 20 PG 27, (2) MANDALAY UNIT NO. 5 REPLAT BLK 77, NE'LY 1/2 OF LOT 2 & W'LY 23.25FT OF LOT 3, (3) MANDALAY UNIT NO. 5 REPLAT BLK 77, LOT 3 LESS W'LY 23.25FT
TaxLot: 1
TaxYear: 2025
Utilities: BB/HS Internet Available,Cable Available,Electricity Available,Sewer Connected,Water Connected