628 MANDALAY AVE Clearwater Beach, FL 33767
7,326 SqFt
UPDATED:
02/12/2025 12:36 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,326 sqft
Price per Sqft $1,078
Subdivision Clearwater Beach Rev
MLS Listing ID TB8333496
HOA Y/N No
Originating Board Stellar MLS
Year Built 1935
Annual Tax Amount $40,867
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 100x87
Property Sub-Type Multi-Family
Property Description
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.
Location
State FL
County Pinellas
Community Clearwater Beach Rev
Interior
Interior Features Living Room/Dining Room Combo
Heating Central, Electric
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Fence, Sidewalk
Parking Features Ground Level
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, Flood Insurance Required, FloodZone, City Limits, Near Marina, Near Public Transit, Paved
Foundation Pillar/Post/Pier, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Wood Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8333496
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