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$7,900,000
16 Days On Site

628 MANDALAY AVENUE
CLEARWATER BEACH, FL 33767

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
7,326
SqFt
$1,078
/SqFt
1935
Built
Subdivision:
CLEARWATER BEACH REV
County:
Pinellas
Call Now: 727-742-3789
Is this the home for you? We can help make it yours.
727-742-3789
628 MANDALAY AVENUE628 MANDALAY AVENUE628 MANDALAY AVENUE628 MANDALAY AVENUE
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Mortgage Calculator

Monthly Payment (Est.)

$36,043
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 Frenchy’s 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. Don’t miss out on this rare chance to invest in a thriving market on Clearwater Beach—where 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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Listing Snapshot
Price 
$7,900,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,326 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1935
MLS® Number 
TB8333496
Status 
Active
Property Tax 
$40,867
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.3
Foundation 
Pillar/Post/PierSlab
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
7902
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
Laundry Features 
Inside
Spa 
Yes
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Exterior Features
Construction Details 
BlockConcrete
Lot Features 
Corner LotNear Public TransitPaved
Roof 
Shingle
Spa 
Yes
Spa Features 
Above Ground
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33767 - Clearwater/Clearwater Beach
Roads 
Paved
Township 
29
Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH 7274595543



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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