614 Mandalay Avenue, Clearwater Beach, FL 33767

$725,000
1,786
SqFt

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Sold Price
$725,000
List Price
$749,900
Status
Sold
Days on Market
7
Closing Date
Jun 16, 2025
MLS#
TB8387175
Property Style
Quadruplex
Year Built
1953
Living Area
1,786
Lot Size
1,228
Acres
0.03
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Clearwater Beach Rev
MLS Area Major
Clearwater/Clearwater Beach

Property Description

Investor Special – Prime Clearwater Beach Quadplex! A rare opportunity to own a Quadplex in the heart of world-famous Clearwater Beach, just a few steps from the iconic white sandy shores that draw visitors from around the globe. Located in one of Florida’s fastest-growing beachside communities, this property is perfectly positioned for savvy investors or developers looking to capitalize on the area’s booming short-term rental and redevelopment potential. Each of the four units features 1 Bedroom, 1 Bathroom, a full kitchen, and a cozy living space, offering an ideal setup for vacation rentals or long-term tenants. The entire building is currently vacant and ready for renovation, allowing for a complete transformation tailored to your investment goals. Projected rental income is a minimum of $1,500 per unit, with potential for even higher returns with modern upgrades or short-term rental use (subject to local ordinances). Clearwater Beach continues to see significant development and revitalization, making this property a strategic buy for those looking to secure a foothold in a high-demand coastal market. Don’t miss out on this exceptional opportunity—schedule your viewing today and explore the potential this property has to offer before it’s gone!

Additional Information

Taxes
$5818
Annual Gross Income
72000
Community Features
No Deed Restriction
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Utilities
Other
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Fence
Roof
Membrane
Foundation
Block, Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
05-29-15-16362-006-0101
Legal Description
CLEARWATER BEACH REV BLK 6, N 25FT OF LOT 10

Listing courtesy of YOU FIRST REALTY AND ASSOC LLC. 813-458-6686

Selling Office: BELLO & ASSOCIATES REALTY, LLC.

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