Waterfront Land Parcel with Harbor
For Sale
Under Contract
$2,850,000
425 ISLAND Way, Clearwater, FL 33767
LAND - CLEARWATER, FL
Property SizeContact for details
Lot Size0.71 Acres
Days on Market58
Property Features for 425 ISLAND Way
General Information
Property type
Land
Property subtype
Other
Zoning
MHDR-NCOD
Lot features
Level, Paved
View
Harbor, Water
Directions
Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.
Subdivision
33767 - Clearwater/Clearwater Beach
Standard status
Active Under Contract
APN
08-29-15-85159-000-0002
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS
Legal Description
STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Water front
1
Listing Agency:
MAGNATE REALTY, LLC
(727) 424-6499
Listed By:
Chrisy Tellis · License #BK3377823
(727) 424-6499
Added: Jun 16
Changed: Jul 30
Last Checked: Aug 12 at 6:06PM
MLS# TB8521416
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.
Investment Insights
Based on property information with market context.
For sale is a 0.71-acre waterfront land parcel on the shores of Clearwater Harbor within the Island Estates community. The site offers direct harbor frontage and is described as demolition-ready, with an existing structure noted as potentially economically justified under FEMA’s 50% rule. The property is zoned MHDR-NCOD, and the listing states it is entitled for up to 21 residential units, with a Future Land Use designation of Residential High.
The address is 425 Island Way in Clearwater, Florida 33767 (Pinellas County). The listing also references that the property is zoned AE for FEMA flood purposes, and includes a reminder that buyers should independently verify zoning, permitted uses, development potential, dimensions, and approvals.
All information is deemed reliable but not guaranteed, and the buyer is responsible for verification of matters affecting development and use.
The address is 425 Island Way in Clearwater, Florida 33767 (Pinellas County). The listing also references that the property is zoned AE for FEMA flood purposes, and includes a reminder that buyers should independently verify zoning, permitted uses, development potential, dimensions, and approvals.
All information is deemed reliable but not guaranteed, and the buyer is responsible for verification of matters affecting development and use.
Key Highlights
- 0.71‑acre (31,237 SF) waterfront land parcel with direct Clearwater Harbor frontage in Island Estates.
- Entitled for up to 21 residential units under MHDR‑NCD zoning; Future Land Use designation: Residential High.
- Utilities available: electricity, public water, and public sewer.
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
845
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 0.71-acre waterfront parcel with direct Clearwater Harbor frontage in an Island Estates community, zoned MHDR-NCOD.
Where is this waterfront land located?
The property is located at 425 ISLAND Way Clearwater, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 0.71‑acre (31,237 SF) waterfront land parcel with direct Clearwater Harbor frontage in Island Estates.; Entitled for up to 21 residential units under MHDR‑NCD zoning; Future Land Use designation: Residential High.; Utilities available: electricity, public water, and public sewer.
