$2,850,000
425 Island Way
Clearwater, FL 33767
Listing updated: June 20, 2026 at 1:01 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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 history0 days on market
- Status: ActiveJun 19, 2026
- Listed$2,850,000Jun 19, 2026
- Price increased$2,850,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- County
- Pinellas
- Price/sq ft
- $87
- Lot size
- 32,599 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE
- Parcel #
- 08-29-15-85159-000-0002
- Zoning
- MHDR-NCOD
- MLS #
- TB8521416
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Other
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-06-16
- On market date
- 2026-06-19
- Original list price
- $2,850,000
- MLS area
- 33767 - Clearwater/Clearwater Beach
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-19
- Tax legal description
- STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS
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 Causeway (SR 60) to Island Way. North on Island Way to property at 425 Island Way in Island Estates.
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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 June 20, 2026 at 1:01 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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