Back 425 Island Way
Active

425 Island Way

Clearwater FL 33767

32599 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

32599 sq. ft. lot size
Land

Happy sellers in Clearwater

89%
89% of sellers in Clearwater reported that their sale price either exceeded or met their price expectations.

Clearwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Clearwater over the last 12 months.

Local market activity for land plots in Clearwater

In the last 12 months, 4 land plots similar to 425 Island Way, have been sold.

This represents a 100% decrease in land plots sales when compared to the previous 12 months.

© 2026 RateMyAgent