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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2026 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. LISTING DATA REFRESHED ON MAR 15 2026 AT 1:28 PM.

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628 MANDALAY Ave

clearwater, FL 33767

$5,500,000

    Interested? Let's Connect

    One entire beach city block on nearly a 1/3 of an acre (3 parcels) only 100 steps to #1 rated Clearwater Beach. Established business of 20 years with 11 vacation rentals in 5 buildings main thoroughfare in the highly desired North Beach tourist district. Center courtyard with deck and grill. 2 hot tubs, and outdoor showers. Sheds for laundry and linens. Located in the tourist district of Clearwater Beach on 3 parcels to be sold together for a reduced price of $5.5M! This is your chance to feel like you are playing Monopoly by owning one whole entire city block, on the beach side of Mandalay Ave, from Glendale Street to Idlewild Street! A tropical, walkable, pet friendly environment, where people save up all year long to vacation here. Clearwater Beach is known for it's soft powdery sand, which gets raked by a tractor twice daily. Outdoorsy activities for healthy lifestyle like walking over the bridge, photography, bird watching, and dolphin sightings make life more enjoyable. Walk to a variety of restaurants and cafes like Clear Sky, Frenchy's, Crabby's, and Hogan's Hangout. Find different festivals every weekend like the annual Sugar Sand Festival, Super Boat Races, and Crab Fest. From Concerts to Fireworks, and even Marathons and Sporting Events, you will never get bored. Wake up and have a morning jog on the sand, or walk as you witness birds fly by, and watch the sunrise (and moon set) and parasailing. Whether you enjoy bike riding, roller blading, or even golf carts, and nature watching, there is never a dull moment. There is even a 24 hour gas station and fire station. Mc Kay Park has new equipment more equipment to bring a smile to everyone. World Famous Sunsets at Pier 60 with out door movie nights, live entertainers, from artists to jugglers, we've got you covered. You could even witness the coast guard planes doing training exercises. The Pier is also known for it's marina, with various boats an activities. The World Famous Clearwater Marine Aquarium is a local attraction, where several movies have been filmed. Do you love live performances? There is a comedy club at Pelican Plaza on Mandalay Ave. It's only a short drive to to theatres with live productions at Coachman Park, The Capitol Theatre, The Francis Wilson Playhouse, Ruth Eckerd Hall, and SPC. Spring Training always attracts people from other areas. There are at least 5 libraries in Clearwater, and they have daily classes like yoga, crafting, and more. Community Pool is within a short walk, with tennis courts, and basketball courts. There is also a boat ramp, kayaking and paddleboarding. There are golf courses and Yacht Clubs nearby. The Clearwater Beach Causeway, Sand Key Bridge, and the Pinellas Trail provide breathtaking views. Being in the tourist district, this property could also be developed into condos or overnight lodging. Please check with the city of Clearwater for more information.
    The 3 parcels are to be purchased together and the addresses are as follows: 628 Mandalay Ave 640 Mandalay Ave 644 Mandalay Ave
    This is your chance to feel like you are playing Monopoly by owning one whole entire city block, from Glendale Street to Idlewild Street! A tropical, walkable, pet friendly environment, where people save up all year long to vacation here!
    Below is the link to the Tourist zone code.
    https://library.municode.com/fl/clearwater/codes/community_development_code?nodeId=PTICODECO_ART2ZODI_DIV8TODIT_S2-802FLSTDE

    Details

    7,326 Sq Ft

    0.3 Private Acres Lot Size

    commercial

    $22,346 Annual Tax

    Built in 1935

    MLS/Listing ID TB8428260

    1 Stories

    11 Units

    Amenities & Features

    Lot - Corner Lot

    Engineered Hardwood

    Porcelain Tile

    Lot - Flood Insurance Required

    Shingle

    Construction - Wood Frame

    Construction - Concrete

    Cooling - Other

    Tile

    Marble

    Ceramic Tile

    Pillar Post Pier

    Heating - Electric

    Lot - Near Public Transit

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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