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$2,850,000 - 425 Island Way, CLEARWATER

-
Bedrooms
-
Baths
N/A
SQ. Feet
0.71
Acres

Under contract-accepting backup offers. 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 21 residential units under MHDR-NCOD zoning with a Future Land Use designation of Residential High, this 0.71-acre (31,237 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. 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.

Essential Information

  • MLS® #:
    TB8521416
  • Price:
    $2,850,000
  • Acres:
    0.71
  • Type:
    Land
  • Sub-Type:
    Land
  • Status:
    Pending

Community Information

  • Address:
    425 Island Way
  • Area:
    Clearwater/Clearwater Beach
  • City:
    CLEARWATER
  • County:
    Pinellas
  • State:
    FL
  • Zip Code:
    33767

Amenities

  • View:
    Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Waterfront, Bay/Harbor, Canal - Saltwater, Intracoastal Waterway

Exterior

  • Lot Description:
    Level

Additional Information

  • Days on Market:
    39
  • Zoning:
    MHDR-NCOD

Listing Details

  • Listing Office:
    Magnate Realty, Llc

Listing information courtesy of Magnate Realty, Llc.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on July 30th, 2026 at 3:52am EDT.