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$15,000,000 Just Listed
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Property Description
Rare Clearwater Beach Waterfront Development Opportunity. A premier waterfront opportunity located along the highly desirable Mandalay Channel in Clearwater Beach. This exceptional property offers approximately 185 feet of seawall frontage with expansive open-water views and ownership of both the upland property and submerged lands. Currently operating as an income-producing vacation rental property, this rare waterfront asset provides immediate revenue potential while offering significant opportunity for a future luxury waterfront redevelopment concept. Property highlights include: - Approximately 185 feet of seawall frontage - Ownership of upland property and submerged lands - Prime Mandalay Channel location with outstanding water views - Exceptional boating access - Significant potential for future dock and waterfront improvements - Preliminary waterfront planning indicates substantial slip potential (buyer to verify all dimensions, approvals, and feasibility) - Existing 18-unit vacation rental operation - One of the larger remaining privately owned waterfront parcels available on Clearwater Beach
Full Property Details
Full Property Details for 621 Bay Esplanade
General
- Price: $15,000,000
- Taxes: $46,121 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8529952
- Updated: 7/20/2026
- Added to Site: 1 day(s) ago
Location
- Area: 33767 - Clearwater/Clearwater Beach
- County: Pinellas
- Development Name: 33767 - Clearwater/Clearwater Beach
- Subdivision: MANDALAY UNIT 5 REP
- Driving Directions: Memorial causeway (SR60) to roundabout exit right on Mandalay (north) to right on Bay Esplanade to end and follow left along to address on the right
Community
- Community Name: 33767 - Clearwater/Clearwater Beach
Heating & Cooling
- Cooling Type: Other
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete
- Roof: Built-Up
- Square Feet: 9,936
- Sq. Ft. Source: Public Records
- Year Built: 1953
Lot Features
- Lot Size (Acres): 1.47
- Lot Size (Sq. Ft.): 64,164
- Lot Size: 1.473
- Lot Dimensions: 152 x 110
- Frontage: City Street
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Intracoastal Waterway
- Water Extras: Yes
- Water Front Desc.: Intracoastal Waterway
Financial Considerations
- Tax Amount: $46,121.13
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MANDALAY UNIT NO. 5 REPLAT BLK 78, LOTS 5 & 6 AS SHOWN IN PL 20 PG 27 TOGETHER WITH SUBM LAND IN O.R. 14573/1865
- Flood Zone Info: AE
- APN: 52915547560780050
- Property ID: 52915547560780050
- Block/Lot/Section: 78
Listed by Viewpoint Realty International
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Schools
Schools serving 621 Bay Esplanade
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Sandy Lane Elementary School 1360 Sandy Lane, Clearwater, FL 33755 | PK-5 | 2.6 mi |
Dunedin Highland Middle School 70 Patricia Avenue, Dunedin, FL 34698 | 6-8 | 3 mi |
Clearwater High School 540 South Hercules Avenue, Clearwater, FL 33764 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 621 Bay Esplanade
Date
Details
Price
Change
Source
7/20/2026
Listed
$15,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 621 Bay Esplanade
Year
Property Taxes
Change
Tax Assessment
Change
2025
$46,121
-2%
$2,400,000
-25%
2024
$46,973
7%
$3,200,000
8%
2023
$43,848
23%
$2,975,000
53%
2022
$35,632
8%
$1,950,000
20%
2021
$33,023
8%
$1,625,000
12%
2019
$30,451
9%
$1,451,708
10%
2018
$27,907
10%
$1,319,735
1%
2017
$25,322
10%
$1,310,000
14%
2016
$23,086
10%
$1,150,000
16%
2015
$21,066
4%
$995,000
5%
2014
$20,220
1%
$951,100
2%
2013
$19,990
—
$930,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 621 Bay Esplanade
621 Bay Esplanade, Clearwater Beach, FL 33767 (MLS# TB8529952) is a Commercial property. 621 Bay Esplanade is currently listed for $15,000,000 and was received on July 20, 2026. Want to learn more about 621 Bay Esplanade? Do you have questions about finding other Commercial real estate for sale in Clearwater Beach? You can browse all Clearwater Beach real estate or contact a Coldwell Banker agent to request more information.

