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Active Land

425 ISLAND WAY

Clearwater, FL 33767

STELLAR #TB8521416 Updated: Jun 25, 2026, 4:08pm
$2,850,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/58
$2,850,000

425 ISLAND WAY

Clearwater, FL 33767
0
Beds
0
Baths
0
SqFt
0.71
Acres
STELLAR
#TB8521416
Updated: Jun 25, 2026, 4:08pm

Property Description

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 0.71-acre (31,237 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.
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Property Details

Highlights
View
Yes
Waterfront
Yes
Site & Exterior
Current Use
Residential
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
Level
Lot Size Acres
0.71
Lot Size Area
31237
Lot Size Dimensions
327 x 100 x 327 x 100
Lot Size Square Feet
31237
Lot Size Units
Square Feet
Other Structures
Other
Public Survey Range
15
Public Survey Section
08
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity AvailableSewer ConnectedWater Connected
View
Water
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
WaterfrontBay/HarborCanal - SaltwaterIntracoastal Waterway
Waterfront Feet Total
981
Zoning
MHDR-NCOD
Financials
Calculated List Price By Calculated Sq Ft
91.24
Contract Status Change Date
2026-06-19
Current Adjacent Use
Residential
Current Price
2850000
Feed Types
BBO
Ownership
Other
Parcel Number
082915851590000002
Price Per Acre
4014085
Public Survey Township
29
Tax Block
000
Tax Book Number
8593/1502
Tax Legal Description
STARBOARD TOWER CLIPPER COVE CONDO REC AREA FOR CLIPPER COVE AND CUTTER COVE CONDOS
Tax Lot
0002
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
Community Features
WaterfrontWaterfront Complex
M L S Area Major
33767 - Clearwater/Clearwater Beach
WalkScore™
Walk Score
Car-Dependent
48
Bike Score
Somewhat Bikeable
38
More details on WalkScore.com
Listing provided courtesy of STELLAR via IDX. Updated: Jun 25, 2026, 4:08pm.
Chrisy Tellis

Listing Agent

MAGNATE REALTY, LLC

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