425 Island Way , Clearwater, FL 33767

$2,850,000
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New to the Market Active
LOT SIZE 0.750 acres MLS#TB8521416
STATUSActive PROPERTY TYPELand - Residential

Property Description

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 22 residential units under MHDR-NCOD zoning with a Future Land Use designation of Residential High, this 0.75-acre (32,569 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. Entitled for up to 22 residential units under MHDR-NCOD zoning - density secured Future Land Use: Residential High (RH) - supports condominium or townhome redevelopment .75 acres / 32,569 SF in 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.

425 Island Way | MLS# TB8521416

This land located at 425 Island Way , Clearwater, FL 33767 is currently listed for sale with an asking price of $2,850,000. The property has approximately 0.75 Acres. Search Clearwater real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.75 Acres
Taxes: $0

Feature Descriptions

Community Features: Waterfront Complex
Directions: Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.
Flood Zone Code: AE
Frontage Bay Harbor: 327
Frontage Canal Salt: 327
Frontage ICW: 327
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Level, Paved
Lot Dimensions: 0.75
Other Structures: Other
Ownership: Other
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: No Lockbox, See Remarks
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Available, Sewer Connected, Water Connected
Water: Public
Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Seawall - Concrete
Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway
Zoning: MHDR-NCOD

Listed By / Shown By

Listed By

Agency Name: MAGNATE REALTY, LLC
Agency Contact: 727-424-6499

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 7,174.11 per month $6,342.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $831.25 Homeowner's Insurance

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