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42 SOMERSET STREET

Multi-family For Sale
$3,500,000

BTC: 54.68750000

ETH: 1,944.44444444

638 days
7 bds
2,734 sqft

Overview

Exceptional & rare short-term rental opportunity with a prime Clearwater Beach location! Discover unparalleled profitability with this stunning short-term rental property well-suited for large group vacations, and ideally situated just 150 steps from the pristine sands of Clearwater Beach, one of the top beach destinations in the entire United States. This unique offering features two separate, fully updated cottages, perfectly designed for versatile accommodations. The front cottage features 7 bedrooms (two of them are suites with an additional attached extra room with their own door for extra privacy) and four bathrooms, while the back cottage has 3 bedrooms and two bathrooms. Both buildings have wood-look tile throughout, updated kitchens with granite counters. The backyard in-ground pool offers hours of fun, and two sets of washers & dryers provide convenience. Clearwater Beach is a high demand tourist area. This property is close to the shops and restaurants of Clearwater Beach. Zoned “Tourist”, so nightly rentals are allowed. Capitalize on this rare opportunity to own a highly profitable short-term rental property in one of Florida’s most coveted beach destinations. Your gateway to exceptional rental income and beachside bliss awaits!

Location

Details

Type:
Residential Income
Parking:
Off Street
Year Built:
1950
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$1,280
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$11,228
2023
Pool
Gunite
View
Garden
Furnished
Turnkey
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Tankless Water Heater

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Parking

    • Off Street

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Fenced / Outdoor Grill

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 052915547560830070

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $11,228

  • Source details

    • MLS ID: U8255576

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet / Outside

    • Lot Features: In County / Landscaped / Level

    • Pool Features: Gunite / In Ground

    • Window Features: Blinds / Window Treatments

    • Living Area: 2734

    • Water Source: Public

    • Lot Size Dimensions: 60 x 110

    • Subdivision Name: MANDALAY UNIT 5 REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ENGEL & VOLKERS BELLEAIR