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    483 Mandalay Ave Clearwater, FL 33767

    Sponsored
    For Lease
    $300 /Mo

    Prime Beachfront Office, 900-2735 SF

    Lot size:
    38,017 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Pelican Walk Plaza, located at 483 Mandalay Ave, Clearwater Beach, FL 33767, offers a unique opportunity to lease Class A office space in a landmark retail plaza. This two-story, 38,017 square foot building, constructed in 1992 and extensively renovated in 2024, boasts a prime location directly across from beach access and adjacent to a public parking garage with over 780 spaces. The available space, ranging from 900 to 2,735 contiguous square feet, is situated within a vibrant, diverse tenant mix. Unit 201, located on the second floor, offers a newly renovated interior featuring tile flooring, high industrial ceilings, new AC units, updated bathrooms, a front reception area, a large open floor plan, a conference room, a kitchenette, and two bathrooms. The unit also includes outdoor balcony space providing excellent street visibility. The building features four staircases and two elevators, ensuring convenient access. The property's zoning is Tourist, and it benefits from a comprehensive landlord-implemented signage program, including directories and marketing screens, maximizing tenant exposure. The space is suitable for office, retail, or restaurant use, however, vape shops, smoke shops, kava bars, and tattoo parlors are not permitted. This exceptional property offers unparalleled visibility and accessibility in a high-demand Clearwater Beach location.

    Property Features for 483 Mandalay Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,017 SF
    Class
    A
    Total Rate
    300

    Building Details

    Year Built/Renovated
    1992/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 201
    Size
    2,735 SF
    Rate per SF
    $300
    Space
    Unit 208
    Size
    900 SF
    Rate per SF
    $420

    HighLights

    • Prime Clearwater Beach location in high‑traffic tourist area.
    • Extensive signage program maximizing tenant visibility.
    • Convenient beach access and proximity to 700+ space public parking garage.
    • Exceptional street frontage with ample outdoor seating.
    • Three blocks from Causeway Byway and Pier 60.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pelican Walk Plaza ... Shopping Mall Captain’s Pizza North ... Pizza Restaurant Clearwater Beach Real ... Real Estate Agency Salt House Social Bar & Grill Maui Nix Surf ... Surf Shop

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.826765
    Latitude
    27.98148

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    FAQs

    What type of property is this?
    Restaurant - Prime Beachfront Office, 900-2735 SF
    Where is this restaurant located?
    The property is located at 483 Mandalay Ave Clearwater, FL.
    What is the lease rate?
    The lease rate is $300-$420 SF/Yr.
    What are key features of this property?
    This property features: Prime Clearwater Beach location in high-traffic tourist area.; Extensive signage program maximizing tenant visibility.; Convenient beach access and proximity to 700+ space public parking garage.
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    483 Mandalay Ave Clearwater, FL 33767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    483 Mandalay Ave Clearwater, FL 33767
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