$1,510/sqft·Mandalay
Est. $78,231/moSee payment621 Bay Esplanade is a 1953-built home in Mandalay Unit 5 Rep, Clearwater Beach. Listed at $15,000,000 (about $1,510/sqft), 3 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
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
Annual Tax (2025)
$46,121
Parcel #
05-29-15-54756-078-0050
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Mandalay Unit 5 Rep
County
Pinellas
MLS Area
33767 - Clearwater/Clearwater Beach
Lot Size
64,164 sqft
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