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628 Mandalay Avenue

CLEARWATER BEACH, FL 33767

– beds
– baths
7,326 sqft
12,981 sqft lot
$1,078 per sqft
1935 build
– on site

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.

Listing courtesy of STELLAR_MLS / ENGEL & VOLKERS MADEIRA BEACH

Last checked: Checking… • Last updated Jan 16, 2025 •

MLS# TB8333496 —

The Building

Year Built:

1935
New Construction:

false
Construction Materials:

Block
Common Walls:

Corner Unit
Roof:

Shingle
Foundation Details:

Pillar/Post/Pier
# of Buildings:

4
Building Area Total:

7902
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Living Room/Dining Room Combo
Fireplace:

false

Room Dimensions

Living Area:

7326
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From 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 miles. Properties on the left between Glendale St and Idlewild St.
Latitude:

27.987487
Longitude:

-82.826867
Coordinates:

-82.826867, 27.987487

The Property

Parcel Number:

052915163620040100
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Acres:

0.3
Lot Size Area:

12981
Lot Size SqFt:

12981
Lot Size Dimensions:

100 x 87
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
View:

false
Exterior Features:

Fenced
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Additional Parcels:

true
Additional Parcels Description:

05-29-15-16362-004-0091; 05-29-15-16362-004-0090
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

10
Tax Block:

4
Tax Legal Description:

CLEARWATER BEACH REV BLK 4, LOTS 10 & 11
Tax Book Number:

11-5
Tax Annual Amount:

40867

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8333496
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Inside

The Community

Subdivision Name:

CLEARWATER BEACH REV
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

true
Spa Features:

Above Ground
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Ground Level

Extra Units

# of Units Total:

11

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/15/25 Jan 15, 2025	Listed / Active	STELLAR_MLS	$7,900,000

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This multifamily located in Clearwater Beach, Clearwater, FL 33767 is currently for sale for $7,900,000. 628 Mandalay Avenue is a 7,326 square foot multifamily with – beds and – baths that has been on Estately for 17 days. 628 Mandalay Avenue is in the Clearwater Beach neighborhood of Clearwater and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Clearwater High School and Sandy Lane Elementary School.

Listing Courtesy of: STELLAR_MLS and ENGEL & VOLKERS MADEIRA BEACH.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.