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628 Mandalay Avenue

Clearwater Beach, FL 33767
  • $7,900,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: TB8333496
$7,900,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,326
    SQFT
  • $1,078
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Description

Discover a unique opportunity to own three desirable parcels of land on stunning Clearwater Beach, a premier tourist destination renowned for its beautiful white-sand beaches and vibrant atmosphere. This prime location boasts high demand for vacation rentals, making it an ideal investment for those looking to capitalize on the flourishing rental market or scoop up land for a development. Spanning a total of 0.30 acres, the property currently features 11 well-maintained rental units, comprising a charming 5-unit apartment building, two inviting duplexes, and two standalone cottages. Each unit offers a cozy retreat for guests, enhanced by sought-after amenities such as a relaxing hot tub and a communal outdoor space that encourages socializing and relaxation. Situated just 100 steps from the beach, this property is perfectly positioned for vacationers, being a mere 6 blocks north of the iconic Pier 60, and only 3 blocks from the beloved Frenchy's Rockaway. Guests will enjoy easy access to sun-soaked shores, lively entertainment, and delicious dining options. Notably, this property was untouched during the 2024 hurricane season, ensuring peace of mind for future owners. With the potential for further development on the expansive 0.30 acres, this is an exciting opportunity for investors to enhance or expand the existing rental portfolio or create a brand-new venture that could meet the ever-growing demand for accommodations in this bustling tourist hotspot. Clearwater Beach, Florida, is renowned for its stunning white sandy shores and crystal-clear waters, making it a prime destination for beach lovers. Voted America's Best Beach multiple times, it boasts a vibrant atmosphere with a variety of dining, shopping, and recreational activities. Visitors can enjoy long walks on the beach, morning jogs on the Beach Walk, water sports, and stunning sunsets, all contributing to its reputation as a top vacation spot. Don't miss out on this rare chance to invest in a thriving market on Clearwater Beachwhere every day feels like a vacation! Contact us today to learn more about this incredible property and the possibilities it holds.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
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628 Mandalay Avenue Clearwater Beach, FL 33767

  • Price: $7,900,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: TB8333496
0
Beds
0
Baths
0
½ Baths
0.3
Acres
7,326
SQFT
$1,078
$/SQFT
1935
Built
Neighborhood:
Clearwater Beach Rev
County:
Pinellas
Area:
Clearwater/Clearwater Beach
Property Description
Discover a unique opportunity to own three desirable parcels of land on stunning Clearwater Beach, a premier tourist destination renowned for its beautiful white-sand beaches and vibrant atmosphere. This prime location boasts high demand for vacation rentals, making it an ideal investment for those looking to capitalize on the flourishing rental market or scoop up land for a development. Spanning a total of 0.30 acres, the property currently features 11 well-maintained rental units, comprising a charming 5-unit apartment building, two inviting duplexes, and two standalone cottages. Each unit offers a cozy retreat for guests, enhanced by sought-after amenities such as a relaxing hot tub and a communal outdoor space that encourages socializing and relaxation. Situated just 100 steps from the beach, this property is perfectly positioned for vacationers, being a mere 6 blocks north of the iconic Pier 60, and only 3 blocks from the beloved Frenchy's Rockaway. Guests will enjoy easy access to sun-soaked shores, lively entertainment, and delicious dining options. Notably, this property was untouched during the 2024 hurricane season, ensuring peace of mind for future owners. With the potential for further development on the expansive 0.30 acres, this is an exciting opportunity for investors to enhance or expand the existing rental portfolio or create a brand-new venture that could meet the ever-growing demand for accommodations in this bustling tourist hotspot. Clearwater Beach, Florida, is renowned for its stunning white sandy shores and crystal-clear waters, making it a prime destination for beach lovers. Voted America's Best Beach multiple times, it boasts a vibrant atmosphere with a variety of dining, shopping, and recreational activities. Visitors can enjoy long walks on the beach, morning jogs on the Beach Walk, water sports, and stunning sunsets, all contributing to its reputation as a top vacation spot. Don't miss out on this rare chance to invest in a thriving market on Clearwater Beachwhere every day feels like a vacation! Contact us today to learn more about this incredible property and the possibilities it holds.
Exterior Features

Carport Yn No Construction Materials BlockConcreteWood Frame Exterior Features FencedSidewalk Foundation Details Pillar/Post/PierSlab Lot Features Corner LotFlood Insurance RequiredFloodZoneCity LotNear MarinaNear Public Transit Lot Size Dimensions 100 x 87 Parking Features Ground Level Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof Shingle Spa Features Above Ground Spa YN Yes Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 7902 Cooling Central Air Cooling YN Yes Fireplace Yn No Heating CentralElectric Heating YN Yes Interior Features Living Room/Dining Room Combo Laundry Features Inside Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 0 Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code AE Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term >6 Months <12 Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Multi Family Realtor Info As-IsNo SignShort Term Rental Allowed Senior Community Yn No Special Listing Conditions None Tax Annual Amount 40867 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of ENGEL & VOLKERS MADEIRA BEACH: 727-394-7365.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
 
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