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425 ISLAND WAY

Lots/Land For Sale
$2,850,000

BTC: 44.39970892

ETH: 1,616.61769544

3 days
Waterfront
0 room(s)

Overview

A rare waterfront land parcel situated on the shores of Clearwater Harbor within the prestigious Island Estates community, one of Clearwater's most exclusive waterfront neighborhoods. Entitled for up to 22 residential units under MHDR-NCOD zoning with a Future Land Use designation of Residential High, this 0.75-acre (32,569 SF) site features direct Clearwater Harbor frontage with potential for boat slips, and represents one of the last remaining developable parcels of meaningful scale in the submarket. Entitled for up to 22 residential units under MHDR-NCOD zoning — density secured Future Land Use: Residential High (RH) — supports condominium or townhome redevelopment .75 acres / 32,569 SF in Island Estates, one of Clearwater's most supply-constrained market. Tampa–St. Petersburg–Clearwater MSA — one of the fastest-growing metros in the U.S. Demolition-ready existing structure-economically justified under FEMA'S 50% Rule (Zoned AE) All information is deemed reliable but not guaranteed and should be independently verified by Buyer. Buyer is responsible for verifying zoning, permitted uses, development potential, dimensions, approvals, and all other matters affecting the property.

Location

Florida • CLEARWATER • 33767 • Lots/Land • For Sale • Waterfront

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.75 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$467,500
$256K – $1.9M
Confidence Low
List vs. estimate
$2.4M above estimate
List $2,850,000 · +509.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

View
Water
Waterfront
Waterfront, Bay/Harbor
All facts and features

  • Lot

    • Lot: 0.75 Acres

    Other Property Information

    • Parcel Number: 082915851590000002

    • Zoning: MHDR-NCOD

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Connected

    • Water Connected

  • Source details

    • MLS ID: TB8521416

    Other facts

    • Lot Features: Level

    • Other Structures: Other

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 327 x 100 x 327 x 100

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33767
399
median $849K
Active
Same city
CLEARWATER
1,547
median $370K
Active
Same type
Lots/Land
42
median $507K
Active
Similar price
$2.0M – $3.7M
66
median $2.5M
Active

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: MAGNATE REALTY, LLC