CLEARWATER BEACH, FL 33767 628 MANDALAY AVENUE
$6,900,000



38 more







































Presented By: ENGEL & VOLKERS MADEIRA BEACH with 727-394-7365. - 727-394-7365
Home Details
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.
Presented By: ENGEL & VOLKERS MADEIRA BEACH with 727-394-7365. - 727-394-7365
Interior Features for 628 MANDALAY AVENUE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Common Wallscorner unit
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesliving room/dining room combo
Laundry Featuresinside
General for 628 MANDALAY AVENUE
Additional Parcels Description05-29-15-16362-004-0091; 05-29-15-16362-004-0090
Additional Parcels Y/NYes
Building Area Unitssquare feet
Carport Y/NNo
Cityclearwater beach
Construction Materialsblock, concrete, wood frame
Coolingcentral air
Countypinellas
Directionsfrom gulf to bay blvd, head west toward the beach. continue on gulf to bay blvd until you reach the roundabout at the beach. take the 1st exit onto mandalay ave. continue on mandalay ave for about 0.5
Flood Zone Codeae
Garage Y/NNo
HOANo
Heatingcentral, electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionclearwater beach rev blk 4, lots 10 & 11
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet12981
Lot Size Unitssquare feet
MLS Area33767 - clearwater/clearwater beach
Minimum Leaseno minimum
ModificationTimestamp2025-04-28t14:37:50.000z
New ConstructionNo
Number Of Units Total11
Occupancy Typetenant
Ok to Lease>6 months <12
Ownershipfee simple
Pets Allowedyes
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Spa Featuresabove ground
Standard Statusactive
Statusactive
Subdivision Nameclearwater beach rev
Tax Annual Amount40867
Tax Lot10
Tax Year2024
Utilitieselectricity connected, public, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1935
Exterior for 628 MANDALAY AVENUE
Building Area Total7902
Exterior Amenitiesfenced, sidewalk
Foundation Detailspillar/post/pier, slab
Lot Dimensions100 x 87
Lot Featurescorner lot, flood insurance required, floodzone, city lot, near marina, near public transit
Lot Size Acres0.3
Lot Size Area12981
Number of Buildings4
Number of Lots3
Parking Featuresground level
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved
SpaYes
Water Sourcepublic
Additional Details
Price History

Lady Schmidt
Realtor®