Under contract-accepting backup offers. 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 21 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.
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.
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.
Property Details
Price:
$2,850,000
MLS #:
TB8521416
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
33767clearwaterclearwaterbeach
Listed Date:
Jun 19, 2026
Lot Size:
31,237 sqft / 0.71 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Waterfront, Waterfront Complex
Lot Features
Level
Other Structures
Other
View
Water
Waterfront Features
Waterfront, Bay/Harbor, Canal – Saltwater, Intracoastal Waterway
Financial
Tax Year
2025
Map
Community
- Address425 ISLAND WAY CLEARWATER FL
- CityCLEARWATER
- CountyPinellas
- Zip Code33767
Subdivisions in CLEARWATER
Market Summary
Current real estate data for Land in CLEARWATER as of Aug 29, 2026
47
Land Listed
178
Avg DOM
$999,970
Avg List Price
Property Summary
- 425 ISLAND WAY CLEARWATER FL is a Land for sale in CLEARWATER, FL, 33767. It is listed for $2,850,000 and features 1 acres. To schedule a showing of MLS#tb8521416 at 425 ISLAND WAY in CLEARWATER, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MAGNATE REALTY, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 425 ISLAND WAY
CLEARWATER, FL
