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$15,000,000

621 Bay Esplanade

Clearwater Beach, FL 33767

Listing updated: July 23, 2026 at 11:26 AM ET

Active

Listing courtesy of Viewpoint Realty International · Georgette Gillis · MLS #TB8529952 · Active · 727-584-7355

Baths

9,936

Sq Ft

1.47

Acres

1953

Built

◆Waterfront◆Water access◆1.47 acres◆$1,182/sqft◆360° tour

Hotel/Motel

Property type

1953

Year built

64,164 sqft

Lot size

$1,182

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

Rare Clearwater Beach Waterfront Development Opportunity. A premier waterfront opportunity located along the highly desirable Mandalay Channel in Clearwater Beach. This exceptional property offers approximately 185 feet of seawall frontage with expansive open-water views and ownership of both the upland property and submerged lands. Currently operating as an income-producing vacation rental property, this rare waterfront asset provides immediate revenue potential while offering significant opportunity for a future luxury waterfront redevelopment concept. Property highlights include: - Approximately 185 feet of seawall frontage - Ownership of upland property and submerged lands - Prime Mandalay Channel location with outstanding water views - Exceptional boating access - Significant potential for future dock and waterfront improvements - Preliminary waterfront planning indicates substantial slip potential (buyer to verify all dimensions, approvals, and feasibility) - Existing 18-unit vacation rental operation - One of the larger remaining privately owned waterfront parcels available on Clearwater Beach

Estimated monthly payment

Principal & interest$75,848

Property taxes$3,843

Home insurance (est.)$6,875

Down payment

20%

$3,000,000 downRate

6.5%

Term

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 history3 days on market

Status: Active
Jul 20, 2026
Listed$15,000,000
Jul 20, 2026
Price increased$15,000,000

Facts & features

Property type: Commercial Sale
Sub type: Hotel/Motel
Status: Active
Days on market: 3
Subdivision: Mandalay Unit 5 Rep
County: Pinellas
Year built: 1953
Living area: 9,936 sq ft
Price/sq ft: $1,182
Building area: 12,692 sq ft (Public Records)
Lot size: 64,164 sq ft
Lot category: 1 to less than 2
Flood zone: AE (12103C0102H)
Annual taxes: $46,121 (2025)
Parcel #: 05-29-15-54756-078-0050
MLS #: TB8529952

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Heating & Cooling

Cooling: Other

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Commercial Financing
Ownership: Fee Simple

Exterior & Construction

Construction materials: Block, Concrete
Roof: Built-Up
Foundation: Slab
Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt, Paved

Listing Details

Listing date: 2026-07-20
On market date: 2026-07-20
Original list price: $15,000,000
MLS area: 33767 - Clearwater/Clearwater Beach
Listing AOR: Suncoast Tampa
Status changed: 2026-07-20
Tax legal description: MANDALAY UNIT NO. 5 REPLAT BLK 78, LOTS 5 & 6 AS SHOWN IN PL 20 PG 27 TOGETHER WITH SUBM LAND IN O.R. 14573/1865

Flood risk

High riskFEMA Zone AEPanel 12103C0102H

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 (SR60) to roundabout exit right on Mandalay (north) to right on Bay Esplanade to end and follow left along to address on the right

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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 July 23, 2026 at 11:26 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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