425 Island Way

CLEARWATER, FL 33767

About this property

Under contract-accepting backup offers. A rare waterfront land parcel situated on the shores of Clearwater Harbor within the prestigious Island Estates community, one of Clearwater's most exclusive waterfront neighborhoods. Entitled for up to 21 residential units under MHDR-NCOD zoning with a Future Land Use designation of Residential High, this 0.71-acre (31,237 SF) site features direct Clearwater Harbor frontage with potential for boat slips, and represents one of the last remaining developable parcels of meaningful scale in the submarket. Island Estates, one of Clearwater's most supply-constrained market. Tampa-St. Petersburg-Clearwater MSA - one of the fastest-growing metros in the U.S. Demolition-ready existing structure-economically justified under FEMA'S 50% Rule (Zoned AE) All information is deemed reliable but not guaranteed and should be independently verified by Buyer. Buyer is responsible for verifying zoning, permitted uses, development potential, dimensions, approvals, and all other matters affecting the property.

About this property

Under contract-accepting backup offers. A rare waterfront land parcel situated on the shores of Clearwater Harbor within the prestigious Island Estates community, one of Clearwater's most exclusive waterfront neighborhoods. Entitled for up to 21 residential units under MHDR-NCOD zoning with a Future Land Use designation of Residential High, this 0.71-acre (31,237 SF) site features direct Clearwater Harbor frontage with potential for boat slips, and represents one of the last remaining developable parcels of meaningful scale in the submarket. Island Estates, one of Clearwater's most supply-constrained market. Tampa-St. Petersburg-Clearwater MSA - one of the fastest-growing metros in the U.S. Demolition-ready existing structure-economically justified under FEMA'S 50% Rule (Zoned AE) All information is deemed reliable but not guaranteed and should be independently verified by Buyer. Buyer is responsible for verifying zoning, permitted uses, development potential, dimensions, approvals, and all other matters affecting the property.

Features and Additional Information

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$2,850,000 Active Under Contract
0 sqft

Presented By Carol and Tony Marino

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1-727-424-6499
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Area Information

33767 Clearwater | Clearwater Beach | Pinellas County |

$ 2,850,000
This listing is play_arrow 400.0% higher than the average in the area
$ 570,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
130 days on site
This listing is play_arrow 50.3% above the average in the area
87 days on site in the area

Schools in the Area

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Listed By Chrisy Tellis
Brokerage: MAGNATE REALTY, LLC

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