621 BAY ESPLANADE Clearwater Beach, FL $ 15,000,000
621 BAY ESPLANADE
$ 15,000,000
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621 BAY ESPLANADE

Clearwater Beach, FL, 33767
$ 15,000,000
Bedrooms-- Baths-- Sq 9,936

Monthly Estimate*

$ 94,712

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Commercial Property for sale in Clearwater Beach, FL

for $15,000,000. This 9,936 square foot building was built in 1953 on a lot size of 1.47.

Rare Clearwater Beach Waterfront Development Opportunity. A premier waterfront opportunity located along the highly desirable Mandalay Channel in Clearwater Beach. This exceptional property offers approximately 185 feet of seawall frontage with expansive open-water views and ownership of both the upland property and submerged lands. Currently operating as an income-producing vacation rental property, this rare waterfront asset provides immediate revenue potential while offering significant opportunity for a future luxury waterfront redevelopment concept. Property highlights include: - Approximately 185 feet of seawall frontage - Ownership of upland property and submerged lands - Prime Mandalay Channel location with outstanding water views - Exceptional boating access - Significant potential for future dock and waterfront improvements - Preliminary waterfront planning indicates substantial slip potential (buyer to verify all dimensions, approvals, and feasibility) - Existing 18-unit vacation rental operation - One of the larger remaining privately owned waterfront parcels available on Clearwater Beach

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Commercial Active

Price

$ 15,000,000

Property Type

Commercial

Taxes

$ 46,121

Style

Hotel/Motel

Lot Size

1.47

Year Built

1953

Town/City

Clearwater Beach

County/Region

Pinellas

MLS | Web ID

TB8529952

Features
General
Cooling Other
Possession Close Of Escrow
Roof Built-Up
Construction Materials Block Concrete
Year Built 1953
Property Subtype Hotel/Motel
Tax Year 2025
Ownership Fee Simple
Waterfront Features Intracoastal Waterway
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name MANDALAY UNIT 5 REP
Status Active
Directions Memorial causeway (SR60) to roundabout exit right on Mandalay (north) to right on Bay Esplanade to end and follow left along to address on the right
City CLEARWATER BEACH
MLS Area 33767 - Clearwater/Clearwater Beach
Lot Size Units Acres
Lot Size Square Feet 64164
Listing Terms Cash
Tax Annual Amount 46121.13
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8529952
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 5
Legal Description MANDALAY UNIT NO. 5 REPLAT BLK 78 LOTS 5 & 6 AS SHOWN IN PL 20 PG 27 TOGETHER WITH SUBM LAND IN O.R. 14573/1865
Water View Intracoastal Waterway
Water Access Type Intracoastal Waterway
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
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Interior
Total Stories 2
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 1.473
Foundation Details Slab
Number of Buildings 1
Building Area Total 12692
Lot Dimensions 152 x 110
Lot Size Acres 1.47
Road Surface Type Asphalt Paved
Waterfront Y/N true
Road Frontage Type City Street
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* Excluded Features
List By
viewpointrealtyinternational@gmail.com

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Affordability Calculator

$98,555
Per Month
96%
4%
0%
Monthly Principal & Interest
$94,712
Monthly Property Taxes
$3,843
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/20/2026$15,000,000 Listed Price

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621 BAY ESPLANADE, Clearwater Beach, FL, 33767 is a Commercial Property for sale at $15,000,000 with 9,936 sqft and a lot size of 1.47. 621 BAY ESPLANADE was built in 1953. The property's zip code is 33767 which is in Clearwater Beach, FL