Clearwater Beach, FL 33767,628 MANDALAY AVE
Clearwater Beach, FL 33767,628 MANDALAY AVE
Clearwater Beach, FL 33767,628 MANDALAY AVE
Clearwater Beach, FL 33767,628 MANDALAY AVE
Clearwater Beach, FL 33767,628 MANDALAY AVE
Clearwater Beach, FL 33767,628 MANDALAY AVE
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$ 7,900,000
Est. payment | /mo

7,326 SqFt


$ 7,900,000
Est. payment | /mo

7,326 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,326 sqft

Price per Sqft $1,078

Subdivision Clearwater Beach Rev

MLS Listing ID TB8333496

HOA Y/N No

Originating Board Stellar MLS

Year Built 1935

Annual Tax Amount $40,867

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 100x87

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 Beach—where every day feels like a vacation! Contact us today to learn more about this incredible property and the possibilities it holds.

Location

State FL

County Pinellas

Community Clearwater Beach Rev

Interior

Interior Features Living Room/Dining Room Combo

Heating Central, Electric

Cooling Central Air

Fireplace false

Laundry Inside

Exterior

Exterior Feature Fence, Sidewalk

Parking Features Ground Level

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Corner Lot, Flood Insurance Required, FloodZone, City Limits, Near Marina, Near Public Transit, Paved

Foundation Pillar/Post/Pier, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Wood Frame

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by ENGEL & VOLKERS MADEIRA BEACH
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628 MANDALAY AVE