Two-Cottage Short-Term Rental
For Sale
$3,500,000
42 SOMERSET STREET, Clearwater Beach, FL 33767
Other - CLEARWATER BEACH, FL
Property Size2,734 SF
Lot Size0.15 Acres
Price / SF$1,280
Days on Market309
Property Features for 42 SOMERSET STREET
General Information
Property type
Other
Property subtype
Duplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Off Street
Interior features
Stone Counters
Exterior features
Outdoor Grill
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
MANDALAY UNIT 5 REP
Directions
Heading North on Mandalay, go East on Somerset. Property will be on the left.
Standard status
Active
APN
05-29-15-54756-083-0070
Size
2,734 SF
Lot size
0.15 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
1
Flooring type
Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Engel & Völkers Belleair
(727) 461-1000
Listed By:
Cammie Whalen
(727) 902-3090
Added: Oct 6, 2025
Changed: Jul 15
Last Checked: Aug 10 at 7:06AM
MLS# U8255576
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering features two separate, fully updated cottages suitable for short-term stays. The front cottage includes 7 bedrooms and 4 bathrooms, including two suites with an additional attached extra room that has its own door. The back cottage has 3 bedrooms and 2 bathrooms. Both cottages have wood-look tile throughout and updated kitchens with granite counters. A backyard in-ground pool and two sets of washers and dryers add convenience for guests.
The property is located in Clearwater Beach, Florida, about 150 steps from Clearwater Beach. It is also close to shops and restaurants in the Clearwater Beach area. The property is zoned “Tourist,” and the listing states that nightly rentals are allowed.
For planning purposes, the layout provides two distinct rental units on one property, with bedroom and bathroom counts that support larger group accommodations.
The property is located in Clearwater Beach, Florida, about 150 steps from Clearwater Beach. It is also close to shops and restaurants in the Clearwater Beach area. The property is zoned “Tourist,” and the listing states that nightly rentals are allowed.
For planning purposes, the layout provides two distinct rental units on one property, with bedroom and bathroom counts that support larger group accommodations.
Key Highlights
- Two fully updated cottages in Clearwater Beach, about 150 steps from Clearwater Beach
- Front cottage offers 7 bedrooms and 4 bathrooms, including suites with an attached extra room and its own door
- Back cottage features 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 33767, FL
8,462
Population
8,806
Households
1
Avg Household Size
64
Median Age
55%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
4,231
Density / Sq Mi
$105,662
Median Household Income
$76,977
Median Earnings
$2,033
Median Rent
$704,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Two fully updated cottages with multiple bedrooms, granite-counter kitchens, and an in-ground pool, zoned for nightly rentals.
Where is this short term rental property located?
The property is located at 42 SOMERSET STREET Clearwater Beach, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Two fully updated cottages in Clearwater Beach, about 150 steps from Clearwater Beach; Front cottage offers 7 bedrooms and 4 bathrooms, including suites with an attached extra room and its own door; Back cottage features 3 bedrooms and 2 bathrooms
