Active
$15,000,000
Est. $89,574/mo

621 Bay Esplanade, Clearwater Beach, FL, 33767

$1,510/sqft·Mandalay

0 ba9,936 sqftHotel/Motel
Listed by VIEWPOINT REALTY INTERNATIONAL· Last updated · MLS# TB8529952

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Est. monthly payment
$89,574/mo
Down payment (20%)
$3,000,000
Property taxes
$3,843/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1953
Waterfront
Intracoastal Waterway
1.47 acres
Lot size
9,936 sqft
Living area

About this home

621 Bay Esplanade is a 1953-built home in Mandalay Unit 5 Rep, Clearwater Beach. Listed at $15,000,000 (about $1,510/sqft), 3 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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

The essentials

Built
1953
Price / sqft
$1,510
On market
53 days
Annual tax
$46,121
Flood zone
AE
Lot
64,164 sqft
Type
Hotel/Motel

Location

621 Bay Esplanade
Clearwater Beach, FL, 33767·33767 - Clearwater/Clearwater Beach
Type
Hotel/Motel
Year Built
1953
Lot
64,164 sqft
Cooling
Other
Heating
-
Parking
-
Waterfront
Intracoastal Waterway
Days on Market
53
Flood Zone AE

Annual Tax (2025)

$46,121

Parcel #

05-29-15-54756-078-0050

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Mandalay Unit 5 Rep

County

Pinellas

MLS Area

33767 - Clearwater/Clearwater Beach

Lot Size

64,164 sqft

Date
Event
Price
7/20/2026
Listed for sale
Source: Stellar MLS #TB8529952
$15,000,000
$1,510/sqft
Est. monthly payment$89,574/mo
Principal & interest$78,231
Property taxes$3,843
Insurance$7,500
Down payment20% · $3,000,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $15,000,000
$13.75M – $15.00M
91.7% – 100% of listTops out right at the list price
80% of listList price
12 of the last 22 home closings in 33767 landed at this number or higher (55%). The median one sat 49 days before it went under contract, and this one is on day 53.

Sample: 22 closed home sales in 33767 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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