Palm Pavilion Restaurant & Inn in Clearwater sold for $23 million. Beachside Hospitality Group purchased the beachside Palm Pavilion Restaurant, while McKibbon Equities, purchased the Inn.
Built in 1926, the Palm Pavilion is recognized as the oldest operating beach pavilion in Florida. The property includes an 11,869-square-foot restaurant and a 12,129-square-foot, 37-unit inn.
The Hamilton family has owned and operated the business for more than 60 years, transforming it into a full-scale restaurant in the 1990s and opening the Palm Pavilion Inn in 1988…