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Entitled Waterfront Development Land
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Pending

425 Island Way, Clearwater, FL 33767

Entitled Clearwater Harbor parcel with direct waterfront frontage and approval potential for up to 22 residential units.

Property Size32,599 SF
Lot Size0.75 Acres
Days on Market57

Property Features for 425 Island Way

General Information

Standard status Pending
Size 32,599 SF
Lot size 0.75 Acres
Property subtype Land
Zoning MDHR-NCOD-Future Land Use Residential High
Investment Type Redevelopment

Building Details

Buildings 1
Listing Agency: Magnate Realty LLC
Listed By: Chrisy Tellis · License #FL BK3377823
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Jul 24 at 11:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnate Realty LLC

Investment Insights

Based on property information with market context.

This is a waterfront land parcel on the shores of Clearwater Harbor, offered with entitlements for up to 22 residential units. The site totals about 0.75 acres (approximately 32,569 square feet) and is designated under MHDR-NCOD zoning, with a Future Land Use designation of Residential High. The property’s direct harbor frontage supports development plans that may include potential for boat slips, subject to applicable approvals.

The land is located within the Island Estates community in Clearwater, Florida. It offers direct Clearwater Harbor frontage within a waterfront neighborhood setting.

For developers or builders seeking a properly positioned site, the value here is the existing entitlement framework for a multi-unit residential project on a waterfront parcel. The zoning and Future Land Use designations provide a clear starting point for concept planning, while the harbor frontage adds a feature that can differentiate the finished community. Prospective buyers should conduct their own due diligence on final permitting and site-specific feasibility for any boat-slip improvements, as approvals are not guaranteed by the information provided.

Key Highlights

  • 0.75‑acre (32,569 SF) waterfront land parcel on Clearwater Harbor with direct water frontage
  • Entitled for up to 22 residential units under MHDR‑NCD zoning
  • Future Land Use designation: Residential High

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Auto Repair Shop Kitchen & Bath Showroom Building Supply Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Entitled Clearwater Harbor parcel with direct waterfront frontage and approval potential for up to 22 residential units.
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: 0.75‑acre (32,569 SF) waterfront land parcel on Clearwater Harbor with direct water frontage; Entitled for up to 22 residential units under MHDR‑NCD zoning; Future Land Use designation: Residential High
(727) 424-6499 Call to check price and availability
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