628 Mandalay Avenue, CLEARWATER BEACH, FL 33767
  • MLS#: TB8333496 ( Residential Income )
  • Street Address: 628 Mandalay Avenue
  • Viewed: 2
  • Price: $7,900,000
  • Price sqft: $1,000
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 7902
  • Days On Market: 13
  • Additional Information
  • Geolocation: 27.9875 / -82.8269
  • County: PINELLAS
  • City: CLEARWATER BEACH
  • Zipcode: 33767
  • Subdivision: Clearwater Beach Rev
  • Provided by: ENGEL & VOLKERS MADEIRA BEACH
  • Contact: Evan Pedone
  • 727-394-7365
  • mfrmls
  • DMCA Notice
  • 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 Frenchys 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. Dont 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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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Sidewalk
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Living Room/Dining Room Combo
Legal Description
  1. CLEARWATER BEACH REV BLK 4
  2. LOTS 10 & 11
Living Area
  1. 7326.00
Lot Features
  1. Corner Lot
  2. Flood Insurance Required
  3. FloodZone
  4. City Limits
  5. Near Marina
  6. Near Public Transit
  7. Paved
Area Major
  1. 33767 - Clearwater/Clearwater Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 05-29-15-16362-004-0100
Parking Features
  1. Ground Level
Pets Allowed
  1. Yes
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 29
Utilities
  1. Electricity Connected
  2. Public
  3. Sewer Connected
  4. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8333496
Water Source
  1. Public
Year Built
  1. 1935