$37,500,000
1198 Mandalay Point
Clearwater, FL 33767
Listing updated: January 5, 2026 at 10:58 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
An opportunity of this caliber rarely presents itself on the west coast of Florida, 1198 Mandalay Point represents extraordinary value for one of the state's most exclusive waterfront properties. Set on 42.57 acres at the secluded northern tip of Clearwater Beach, this remarkable beach to bay property is the last and only private residence of its kind. Bordered on the north by the untouched beauty of Caladesi Island State Park and accessible by a private road, the estate offers unmatched tranquility with miles of pristine beach. For the yachting enthusiasts, a rare deep-water dock accommodates vessels up to 80 feet, providing direct access to the Intracoastal Waterway and the Gulf of America for effortless cruising, fishing and island hopping. This is more than a home - it is a private sanctuary, a lifestyle investment, and a generational legacy. With its protected setting, private entrance, and rare beach-to-bay frontage, 1198 Mandalay Point stands alone as the crown jewel of Clearwater Beach real estate. The 3,434 square foot residence is elevated 20 feet above sea level to showcase panoramic Gulf to Bay views. Inside, soaring 30 plus foot ceilings crown an atrium with a heated lap pool, overlooking the lush preserves of the south end of Caladesi Island, Malone and Moonshine Islands. Each room frames views of sunrises, sunsets and importantly - 360 degrees of palm trees, sandy beaches, the gulf and the bay. Whether entertaining guests or enjoying quiet moments, this home provides an unparalleled living experience. From its tranquil setting and proximity to Tampa International Airport to its world-class dockage and breathtaking natural beauty, 1198 Mandalay Point offers everything you need to enjoy the best of Florida living. An exceptional offering.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history679 days on market
- Status: ActiveFeb 26, 2024
- Listed$37,500,000Feb 26, 2024
- Price increased$37,500,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 679
- Subdivision
- Mandalay Point Sub 1st Add
- County
- Pinellas
- Year built
- 1987
- Living area
- 3,434 sq ft
- Price/sq ft
- $10,920
- Building area
- 5,278 sq ft (Public Records)
- Lot size
- 1,854,480 sq ft
- Lot category
- 20 to less than 50
- Flood zone
- AE (12103C0064H)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $70,103 (2023)
- Parcel #
- 32-28-15-54702-000-0270
- Zoning
- RES
- MLS #
- U8231430
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Carpet, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Interior features
- Built-in Features, Cathedral Ceiling(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- South
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Ground Level, Guest, Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Check with City of Clearwater.
Exterior & Construction
- Exterior features
- Balcony, French Doors, Garden, Hurricane Shutters, Lighting, Outdoor Shower
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Phone Available
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Second | 25x22 |
| Primary Bedroom | Second | 14.6x21.5 |
| Bedroom 2 | Second | 19.3x20.11 |
| Kitchen | Second | 19.7x7.2 |
Listing Details
- Listing date
- 2024-02-26
- On market date
- 2024-02-26
- Original list price
- $37,500,000
- Occupant type
- Owner
- MLS area
- 33767 - Clearwater/Clearwater Beach
- Listing AOR
- Pinellas Suncoast
- Status changed
- 2024-02-26
- Tax legal description
- MANDALAY POINT SUB 1ST ADD RESERVED (SEE N32-28-15 AND S29-28-15 MAPS) PT OF LOTS 27, 26, 26A & ACCRETED LANDS AS PER 1983 SURVEY & AKA BAY PARCELS IN SEC 29 & 32-28-15 DESC IN O.R.'S 9006/1455, 8865/1531 & 8811/2330 LESS PRIVATE RD KNOWN AS PALMER HAYWARD
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Memorial Bridge West to Clearwater Beach, stay North on Mandalay Avenue to just past Carlouel Yacht Club. Agent will meet you at entrance gate to Mandalay Point.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of January 5, 2026 at 10:58 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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