Active
$37,500,000
Est. $220,170/mo

1198 Mandalay Pt, Clearwater, FL, 33767

$10,920/sqft·Mandalay Point Sub 1st

3 bd3 ba3,434 sqft2 car garageSingle Family
Listed by COASTAL PROPERTIES GROUP INTERNATIONAL· Last updated · MLS# U8231430

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Est. monthly payment
$220,170/mo
Down payment (20%)
$7,500,000
Property taxes
$5,842/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1987
Waterfront
Bay/Harbor
Private pool
Heated
2 car garage
Driveway
42.57 acres
Lot size

About this home

Built-in FeaturesCathedral Ceiling(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen Floorplan

1198 Mandalay Pt is a 1987-built home in Mandalay Point Sub 1st Add, Clearwater. Inside you'll find 3 bedrooms, 3 bathrooms, and 3,434 square feet of living space. Listed at $37,500,000 (about $10,920/sqft), 874 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

An opportunity of this caliber rarely presents itself on the west coast of Florida, 1198 Mandalay Point represents extraordinary value for one of the state's most exclusive waterfront properties. Set on 42.57 acres at the secluded northern tip of Clearwater Beach, this remarkable beach to bay property is the last and only private residence of its kind. Bordered on the north by the untouched beauty of Caladesi Island State Park and accessible by a private road, the estate offers unmatched tranquility with miles of pristine beach. For the yachting enthusiasts, a rare deep-water dock accommodates vessels up to 80 feet, providing direct access to the Intracoastal Waterway and the Gulf of America for effortless cruising, fishing and island hopping. This is more than a home - it is a private sanctuary, a lifestyle investment, and a generational legacy. With its protected setting, private entrance, and rare beach-to-bay frontage, 1198 Mandalay Point stands alone as the crown jewel of Clearwater Beach real estate. The 3,434 square foot residence is elevated 20 feet above sea level to showcase panoramic Gulf to Bay views. Inside, soaring 30 plus foot ceilings crown an atrium with a heated lap pool, overlooking the lush preserves of the south end of Caladesi Island, Malone and Moonshine Islands. Each room frames views of sunrises, sunsets and importantly - 360 degrees of palm trees, sandy beaches, the gulf and the bay. Whether entertaining guests or enjoying quiet moments, this home provides an unparalleled living experience. From its tranquil setting and proximity to Tampa International Airport to its world-class dockage and breathtaking natural beauty, 1198 Mandalay Point offers everything you need to enjoy the best of Florida living. An exceptional offering.

The essentials

Built
1987
Price / sqft
$10,920
On market
928 days
Annual tax
$70,103
Flood zone
AE
Lot
1,854,480 sqft
Type
Single Family Residence

Location

1198 Mandalay Pt
Clearwater, FL, 33767·33767 - Clearwater/Clearwater Beach
Type
Single Family Residence
Year Built
1987
Lot
1,854,480 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener, Ground Level, Guest, Garage
Pool
Above Ground, Deck, Heated, Lap, Lighting
Waterfront
Bay/Harbor, Beach Front, Gulf/Ocean, Gulf/Ocean to Bay, Lagoon
Days on Market
928
Built-in Features
Cathedral Ceiling(s)
Crown Molding
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Split Bedroom
Tray Ceiling(s)
Vaulted Ceiling(s)
Window Treatments
Balcony
French Doors
Garden
Hurricane Shutters
Lighting
Outdoor Shower
Gated Community - No Guard
Dishwasher
Disposal
Dryer
Range
Refrigerator
Washer
Homestead exemption on fileFlood Zone AE

Annual Tax (2023)

$70,103

Parcel #

32-28-15-54702-000-0270

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 Point Sub 1st Add

County

Pinellas

MLS Area

33767 - Clearwater/Clearwater Beach

Lot Size

1,854,480 sqft

CoastalConstruction Control LineFlood Insurance RequiredFloodZoneCity LimitsIn CountyLandscapedLevelNear MarinaOversized LotPrivateStreet Dead-EndPaved
Date
Event
Price
10/28/2025
Price change
Source: Stellar MLS #U8231430
$37,500,000+36.4%
$10,920/sqft
Price change
Source: Stellar MLS #U8231430
$27,500,000-26.7%
$8,008/sqft
2/26/2024
Listed for sale
Source: Stellar MLS #U8231430
$37,500,000
$10,920/sqft
Est. monthly payment$220,169/mo
Principal & interest$195,578
Property taxes$5,842
Insurance$18,750
Down payment20% · $7,500,000
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

Choose an offer strength

List price: $37,500,000
$34.38M – $37.50M
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 928.

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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