425 ISLAND WAY, Clearwater, FL 33767
- Added:
- Jun 16, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 425 ISLAND WAY
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- MHDR-NCOD
- Exterior features
- Level, Paved
- Standard status
- Active
- APN
- 08-29-15-85159-000-0002
- Lot size
- 0.71 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 0
Utilities
- Water front features
- Canal - Saltwater, Waterfront
- Water front
- 1
Building Details
- Architectural style
- Other
Listing agent Chrisy Tellis License #3377823 (727) 424-6499
Listing office MAGNATE REALTY, LLC 98 Devon Drive, Clearwater Beach, FL (727) 424-6499
Listing date Jun 16, 2026
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.
HighLights
- 0.71‑acre (31,237 SF) waterfront land parcel with direct Clearwater Harbor frontage in Island Estates.
- Waterfront features include canal—saltwater and Clearwater Harbor shoreline, with potential for boat slips.
- Entitled for up to 22 residential units under MHDR‑NCOD zoning; Future Land Use: Residential High (RH).
- Development potential supports condominium or townhome redevelopment on an island estates parcel totaling 0.75 acres / 32,569 SF.
- Exterior site features include level terrain and paved access.
- Includes an existing structure described as demolition‑ready; referenced as economically justified under FEMA’s 50% Rule (Zoned AE).
Overview
According to the provided information, the land is entitled for up to 22 residential units under MHDR-NCOD zoning, with a Future Land Use designation of Residential High. The remarks also reference a FEMA 50% Rule and note the property is zoned AE. Buyer is advised to verify zoning, permitted uses, development potential, and all approvals, including dimensions and any other matters affecting the project.
For developers or owner-users seeking a waterfront residential redevelopment site, the current entitlement for up to 22 units under MHDR-NCOD provides a clear framework for planning and permitting. With direct Clearwater Harbor frontage and the potential for marina-related features noted in the remarks, the property may support condominium or townhome redevelopment consistent with the stated Residential High Future Land Use. All development assumptions should be confirmed through due diligence.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.816965
- Latitude
- 27.982081
