Eight hundred prospective buyers registered to bid for the homes, leaving refundable reservation deposits of $40,000. The sales "confirm that there is a genuine interest in this type of residential lifestyle on Clearwater Beach," says JMC CEO J. Michael Cheezem. Sales for the second 50-unit phase are scheduled for early August.
Sandpearl will comprise a 15-story, 153-unit condo tower; a 253-room hotel; 9,000 sf of retail; and 10,000 sf of meeting and event space. The 5.5-acre tract has 700 lineal feet of beachfront. Sandpearl will be developed just south of the existing Clearwater Beach Hotel, an historic local landmark.
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