IDX

Listed by Evan Pedone · Courtesy of ENGEL & VOLKERS MADEIRA BEACH · Agent MLS ID# MFR260042669 · Deemed reliable but not guaranteed. · Data last updated: Feb 12, 2025 · 5:21 PM

628 MANDALAY AVE

$7,900,000

0Bedrooms
0Bathrooms
7,326Sq Ft
1935Year Built
N/AGarage
36Days on Market
0.3 acLot Size

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.

What's special

Facts & Features

MLS ID#
MFRTB8333496
PRICE
$7,900,000
STATUS
Active
BEDROOMS
0
BATHROOMS
0
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
7,326 sqft
ACRES
0.3
YEAR BUILT
1935
TYPE
Multi-Family
SUB-TYPE
N/A
STYLE
N/A

Community Information

ADDRESS
628 MANDALAY AVE
SUBDIVISION
Clearwater Beach Rev
CITY
Clearwater Beach
COUNTY
Pinellas
STATE
FL
ZIP CODE
33767
SENIOR COMMUNITY
No

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Interior

INTERIOR FEATURES
Living Room/Dining Room Combo
HEATING
Central, Electric
COOLING
Central Air
FLOORING
N/A
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
N/A

Exterior

EXTERIOR FEATURES
Fence, Sidewalk
CONSTRUCTION
Block, Wood Frame, Concrete
FOUNDATION
Slab, Pillar/Post/Pier
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
Paved, Corner Lot, Near Public Transit, City Limits, FloodZone, Near Marina, Flood Insurance Required

School Information

ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Additional Information

DATE LISTED
January 6, 2025
DAYS ON MARKET
36
ZONING
N/A
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

36 days on market

Listing updated: Feb 12, 2025 · 5:21 PM

Listed by: Evan Pedone · 727-459-5543 — ENGEL & VOLKERS MADEIRA BEACH

Source: Stellar MLS (My Florida Regional MLS) · MLS ID# MFRTB8333496

MLS/IDX data last updated: September 16, 2026 10:00 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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. Some IDX listings have been excluded from this website.

LOCATION

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Stellar MLS

Based on information submitted to the MLS GRID as of September 16, 2026 10:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.