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425 ISLAND WAY
CLEARWATER FL 33767 US

$2,850,000

Active Listing ID TB8521416
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Lot: 0.71 Acres
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$2,850,000

Active Listing ID TB8521416
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425 ISLAND WAY 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 0.71-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. 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.

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Property Features

  • Facts
  • Lot Size: 0.71 Acres
  • Property Type: Land
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Level, Paved
  • Additional Features
  • Waterfront

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 2850000
  • unparsedaddress: 425 ISLAND WAY
  • postalcity: CLEARWATER
  • stateorprovince: FL
  • country: US
  • postalcode: 33767
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.71
  • lotsizeunits: Acres
  • lotsizearea: 0.71
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 27.982081
  • longitude: -82.816965
  • listagentfullname: Chrisy Tellis
  • listagentemail: chrisytellis@magnaterealty.com
  • listagentkey: 3yd-MFRMLSFL-057002781
  • listagentmlsid: 057002781
  • listagentpreferredphone: 7274246499
  • listagentofficephone: 7274246499
  • listofficekey: 3yd-MFRMLSFL-570021107
  • listagentstatelicense: 3377823
  • listofficemlsid: 570021107
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • listingcontractdate: 2026-06-16
  • countyorparish: Pinellas
  • parcelnumber: 08-29-15-85159-000-0002
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: True
  • exteriorfeatures: Level, Paved
  • waterfrontfeatures: Canal - Saltwater, Waterfront
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.81696, 27.98208
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Magnate Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Chrisytellis@magnaterealty.com", "ListBrokerageCity":"Clearwater Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"chrisytellis@magnaterealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Magnate Realty LLC", "ListBrokeragePhone":"(727)424-6499", "ListBrokeragePostalCode":"33767", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"140 Island Way #190", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"98 Devon Drive", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Clearwater Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"chrisytellis@magnaterealty.com", "ListOfficePostalCode":"33767", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Land - CLEARWATER, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/425-Island-Way_Clearwater_FL_33767_M99584-86804?f=listhub&s=MFRMLSFL&m=TB8521416&c=rexren", "MLSModificationTimestamp":"2026-06-25T17:37:12Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/25/2026 7:08:05 PM GMT
Source Updated Date: 6/26/2026 12:41:02 PM GMT

Courtesy of: Chrisy Tellis, MAGNATE REALTY, LLC, chrisytellis@magnaterealty.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.