425 ISLAND WAY Clearwater, FL $ 2,850,000
425 ISLAND WAY
$ 2,850,000
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425 ISLAND WAY

Clearwater, FL, 33767
$ 2,850,000
Baths0.0

Monthly Estimate*

$ 17,548

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Studio

Lots and Land for sale in Clearwater, FL

for $2,850,000. The lot size is 0.75.

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.

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Lots and Land Active

Price

$ 2,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.75

Town/City

Clearwater

County/Region

Pinellas

MLS | Web ID

TB8521416

Features
General
Sewer Public Sewer
Utilities Electricity Available Sewer Connected Water Connected
Zoning MHDR-NCOD
View Water
Tax Year 2025
Current Use Residential
Ownership Other
Waterfront Features Waterfront Bay/Harbor Canal - Saltwater Intracoastal Waterway
Community Features Waterfront Waterfront Complex
County Pinellas
Property Type Land
Other Structures Other
Status Active
Directions Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.
City CLEARWATER
MLS Area 33767 - Clearwater/Clearwater Beach
Lot Size Units Square Feet
Lot Size Square Feet 32599
Listing Terms Cash Conventional
Tax Annual Amount 0
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8521416
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0002
Legal Description STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS
Water View Bay/Harbor - Full Canal Intracoastal Waterway
Water Access Type Bay/Harbor Canal - Saltwater Intracoastal Waterway
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
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Interior
Total Baths 0
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 32599
Lot Dimensions 327 x 100 x 327 x 100
Lot Size Acres 0.75
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type Street Paved
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* Excluded Features
List By
chrisytellis@magnaterealty.com

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Affordability Calculator

$17,548
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,548
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$2,850,000 Listed Price

Map


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425 ISLAND WAY, Clearwater, FL, 33767 is a Lots and Land for sale at $2,850,000 with a lot size of 0.75. 425 ISLAND WAY is a studio with 0.0 baths. The property's zip code is 33767 which is in Clearwater, FL