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Land for Sale in Clearwater, Florida

425 Island Way, Clearwater, FL 33767

$2,850,000
0.75 acres
Active sale
ago
Est $21,017/mo

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

Street address
425 Island Way
Zip code
33767
Elevation
6 feet
Coordinates
27.9821, -82.817

Directions

Memorial Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.

Property details

Lot size
0.75 acres32,670 sq ft
Zoning
MHDR-NCOD
MLS #
MFRMLS TB8521416
Posted

Parcels

  • 08-29-15-85159-000-0002

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Canal-Saltwater, Waterfront

Exterior

Features
Level, Paved

Listing history

DateEventPriceChangeSource
June 20, 2026New listing$2,850,000MFRMLS
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This 0.75-acre property is located at 425 Island Way in Clearwater, FL 33767. The land is available for sale, priced at $2,850,000.

Listed by Magnate Realty, (727) 424-6499

Checked 2 hours agoUpdated Source

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