Two-Cottage Short-Term Rental
For Sale
$3,500,000
42 SOMERSET Street, Clearwater Beach, FL 33767
MULTI_FAMILY - CLEARWATER BEACH, FL
Property Size2,734 SF
Lot Size0.15 Acres
Price / SF$1,280
Days on Market711
Property Features for 42 SOMERSET Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 2
Parking features
Off Street
Window features
Blinds, Window Treatments
Pets allowed
Yes
Pool private
1
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
Exterior features
Fence, Outdoor Grill
Fencing
Fenced
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Subdivision
MANDALAY UNIT 5 REP
Lot features
In County, Landscaped, Level, Paved
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
Taxes and HOA fees
Tax Year
2023
Tax Description
MANDALAY UNIT NO. 5 REPLAT BLK 83, LOT 7 AS DESC. IN PL 20 PG 27
Tax Annual Amount
11228
Legal Description
MANDALAY UNIT NO. 5 REPLAT BLK 83, LOT 7 AS DESC. IN PL 20 PG 27
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-ground pool
washer and dryer
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
ENGEL & VOLKERS BELLEAIR · Engel & Völkers
(727) 461-1000
Listed By:
Cammie Whalen · License #3267991
(727) 902-3090
Added: Aug 30, 2024
Changed: Aug 1
Last Checked: Aug 10 at 6:06AM
MLS# U8255576
Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. 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 short-term rental property includes two separate, fully updated cottages designed for versatile group accommodations. The front cottage offers 7 bedrooms and four bathrooms, including two bedroom suites with an additional attached extra room with its own door for added privacy. The back cottage features 3 bedrooms and two bathrooms. Both cottages have wood-look tile flooring, updated kitchens with granite counters, and solid surface/stone counter finishes throughout. Additional convenience includes ceiling fans, split-bedroom layout elements, and window treatments. Appliances include dishwasher, microwave, range, refrigerator, washer/dryer sets, and a tankless water heater. The outdoor space is fenced and includes an in-ground pool, along with an outdoor grill.
The property is on a 0.15-acre lot and is located just 150 steps from Clearwater Beach. It is described as being close to the shops and restaurants of Clearwater Beach. Zoning is listed as “Tourist,” so nightly rentals are allowed. Construction is block with a shingle roof, central heating, and central air conditioning, and parking is off street.
Built in 1950, the cottages connect to public water and public sewer services.
The property is on a 0.15-acre lot and is located just 150 steps from Clearwater Beach. It is described as being close to the shops and restaurants of Clearwater Beach. Zoning is listed as “Tourist,” so nightly rentals are allowed. Construction is block with a shingle roof, central heating, and central air conditioning, and parking is off street.
Built in 1950, the cottages connect to public water and public sewer services.
Key Highlights
- Just 150 steps from Clearwater Beach
- Front cottage: 7 bedrooms and 4 bathrooms, with two suites plus an attached extra room
- Back cottage: 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two fully updated cottages with nightly rentals allowed in a Tourist zone, plus an in-ground pool and off-street parking.
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: Just 150 steps from Clearwater Beach; Front cottage: 7 bedrooms and 4 bathrooms, with two suites plus an attached extra room; Back cottage: 3 bedrooms and 2 bathrooms
