Stay at the Clearwater Suites Bungalows on the corner of I-4 and Dooseldorf Road.
Renting a house or a condo would be a great idea so that you can split the cost with the other couple. There are a lot of choices for rentals in the Florida area. It s best to do your homework and use online research to find available places to stay that fit within your budget.Rather than give you a specific property name and location, I would suggest that you do some research on the available houses/condos, the prices and the locations. I have used justvr.com in the past and it was quite helpful for narrowing down my choices and booking a few nights stay.