




628 MANDALAY AVE
$7,900,000
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.

