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$2,850,000

425 Island Way Clearwater, FL 33767 Land - Residential Active

  • 425 Island Way , Clearwater, FL 33767 Main Photo

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Description

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.

Property Highlights

Property Type: Land - Residential
Lot Size: 0.75 Acres
Taxes: $0

General Information

County: Pinellas
Listed By:
Chrisy Tellis MAGNATE REALTY, LLC 727-424-6499

Property Features

Community Features: Waterfront Complex
Directions: Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.
Flood Zone Code: AE
Frontage Bay Harbor: 327
Frontage Canal Salt: 327
Frontage ICW: 327
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Level, Paved
Lot Dimensions: 0.75
Other Structures: Other
Ownership: Other
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: No Lockbox, See Remarks
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Available, Sewer Connected, Water Connected
Water: Public
Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Seawall - Concrete
Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway
Zoning: MHDR-NCOD
$2,850,000
New to the Market Active
LOT SIZE 0.750 acres MLS#TB8521416
STATUSActive PROPERTY TYPELand - Residential

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425 Island Way , Clearwater, FL 33767.

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Estimated Payment

$ 10,443.82 per month $9,612.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $831.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 8:16:09 AM EST) or Stellar MLS (last updated Fri 06/19/2026 1:59:07 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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