425 Island Way CLEARWATER, Clearwater Beach, FL 33767

This waterfront land parcel offers direct Clearwater Harbor frontage and is positioned for residential redevelopment within the Island Estates community. The site is described as entitled for up to 21 residential units under MHDR-NCOD zoning, with density secured Future Land Use of Residential High, and it has also been referenced as supporting up to 22 residential units. The property is sized at 0.71 acres (31,237 SF) and includes a demolition-ready existing structure, with reference to economic justification under FEMA’s 50% Rule (Zoned AE).

The parcel is located on the shores of Clearwater Harbor in Island Estates, identified in the remarks as one of Clearwater’s more exclusive waterfront neighborhoods. It is presented as one of the last remaining developable parcels of meaningful scale in the submarket, with the opportunity to explore boat slip potential tied to the harbor frontage.

For developers, condo builders, or townhome operators seeking an entitled waterfront site, the combination of direct harbor access and Residential High future land use provides a defined redevelopment pathway under MHDR-NCOD. Interested parties should confirm all zoning requirements, permitted uses, approvals, entitlement details, and dimensions during due diligence, as all information is provided subject to buyer verification.