425 Island Way, Clearwater, FL 33767

$2,850,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,850,000
Status
Pending
Days on Market
28
MLS#
TB8521416
Lot Size
31,237
Acres
0.71
Total Acreage
1/2 to less than 1
MLS Area Major
Clearwater/Clearwater Beach

Property Description

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.

Additional Information

Location
Level, Paved
Community Features
Waterfront Complex, No Deed Restriction
Zoning
MHDR-NCOD
Utilities
Electricity Available, Sewer Connected, Water Connected
Pool
No Pool
Water Extras
Seawall - Concrete
Water View
Bay/Harbor - Full, Canal, Intracoastal Waterway
Water Access
Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Water Frontage
Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Flood Zone Code
AE
Parcel ID
08-29-15-85159-000-0002
Legal Description
STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS

Listing courtesy of MAGNATE REALTY, LLC. 727-424-6499

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on