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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.
Listing Courtesy of: MAGNATE REALTY, LLC
727-424-6499
| Listing Id: | TB8521416 |
|---|---|
| List Price: | $2,850,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active Under Contract |
| Tax Annual Amount: | $0 |
| Lot Size Square Feet: | 31,237 |
| Lot Size Acres: | 0.71 |
| Waterfront?: | Yes |
| City: | Clearwater |
| County Or Parish: | Pinellas |
| Postal Code: | 33767 |
| Additional Parcels?: | No |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Directions: | Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates. |
| Community Features: | Waterfront Complex |
| Listing Contract Date: | 2026-07-17 |
| Ownership: | Other |
| Living Area Units: | Square Feet |
| Lot Features: | Level, Paved |
| Lot Size Acres: | 0.71 |
| Lot Size Dimensions: | 327 x 100 x 327 x 100 |
| MLS Area Major: | 33767 - Clearwater/Clearwater Beach |
| MLS Area Major: | 33767 - Clearwater/Clearwater Beach |
| Other Structures: | Other |
| Original List Price: | $2,850,000 |
| Parcel Number: | 08-29-15-85159-000-0002 |
| Township: | 29 |
| Road Surface Type: | Paved |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | Electricity Available, Sewer Connected, Water Connected |
| View: | Water |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 08 |
| Zoning: | MHDR-NCOD |
| Waterfront Features: | Bay/Harbor, Canal - Saltwater, Intracoastal Waterway |
| Backups Requested Yn: | Yes |
| Calculated List Price By Calcula: | 91.24 |
| Cddyn: | No |
| Current Adjacent Use: | Residential |
| Flood Zone Code: | AE |
| For Lease Yn: | No |
| Front Footage: | 258 |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 2902 |
| Price Per Acre: | 4014085 |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Water Access: | Bay/Harbor, Canal - Saltwater, Intracoastal Waterway |
| Water Access Yn: | Yes |
| Water Extras: | Seawall - Concrete |
| Water Extras Yn: | Yes |
| Water Frontage Feet Bay Harbor: | 327 |
| Water Frontage Feet Canal Salt: | 327 |
| Water Frontage Feet Icw: | 327 |
| Waterfront Feet Total: | 981 |
| Water View: | Yes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-424-6499 |
| Originating System Name : | Stellar MLS |
| Community Association Water Features: | Waterfront |
| Designated Builder Yn: | No |
| Listing Contract Date: | 2026-06-16 |
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Property Last Updated: November 06, 2026 03:15 PM - ET
