To schedule a showing of 42 Somerset Street, Clearwater, Florida, Call David Shippey at 863-521-4517 TODAY!
$3,500,000 | 7 beds | N/A full baths | N/A half baths | 2,734 sqft
Clearwater, FL 33767
- 7Beds
- 4.00Total Baths
- 0 Full, 0 HalfBaths
- 2,734SqFt
- 1950Year Built
- 0.15Acres
- MLS# U8255576
- Income
- Duplex
- Active
- Approx Time on Market1 year, 10 months, 7 days
- Area33767 - Clearwater/clearwater Beach
- CountyPinellas
- Subdivision Mandalay Unit 5 Rep
Overview
Exceptional & rare short-term rental opportunity with a prime Clearwater Beach location! Discover unparalleled profitability with this stunning short-term rental property well-suited for large group vacations, and ideally situated just 150 steps from the pristine sands of Clearwater Beach, one of the top beach destinations in the entire United States. This unique offering features two separate, fully updated cottages, perfectly designed for versatile accommodations. The front cottage features 7 bedrooms (two of them are suites with an additional attached extra room with their own door for extra privacy) and four bathrooms, while the back cottage has 3 bedrooms and two bathrooms. Both buildings have wood-look tile throughout, updated kitchens with granite counters. The backyard in-ground pool offers hours of fun, and two sets of washers & dryers provide convenience. Clearwater Beach is a high demand tourist area. This property is close to the shops and restaurants of Clearwater Beach. Zoned Tourist, so nightly rentals are allowed. Capitalize on this rare opportunity to own a highly profitable short-term rental property in one of Floridas most coveted beach destinations. Your gateway to exceptional rental income and beachside bliss awaits!
Agriculture / Farm
Association Fees / Info
Pets Allowed: Yes
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 4.00
Building Info
Window Features: Blinds, WindowTreatments
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Pool Features: Gunite, InGround
Pool Private: Yes
Exterior Features: Fence, OutdoorGrill
Fees / Restrictions
Financial
Gross Income: 272,577
Original Price: $3,500,000
Garage / Parking
Open Parking: No
Parking Features: OffStreet
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Floors: Tile
Levels: One
Spa: No
Laundry Features: LaundryCloset, Outside
Interior Features: BuiltInFeatures, CeilingFans, MainLevelPrimary, StoneCounters, SplitBedrooms, SolidSurfaceCounters, WoodCabinets, WindowTreatments
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, TanklessWaterHeater, Washer
Lot Info
Direction Remarks: Heading North on Mandalay, go East on Somerset. Property will be on the left.
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Sqft: 6,432
Est Lotsize: 60x110
Lot Desc: Flat, Landscaped, Level, OutsideCityLimits
Misc
Other
Special Conditions: None
Security Features: SmokeDetectors
Other Rooms Info
Property Info
Section: 05
Class Type: Duplex
Property Sub Type: Duplex
Property Condition: NewConstruction
Property Attached: No
New Construction: No
Construction Materials: Block
Stories: 1
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 2,734
Bulding Area Sqft: 2,998
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,023
Tax Lot: 7
Tax Legal Description: MANDALAY UNIT NO. 5 REPLAT BLK 83, LOT 7 AS DESC. IN PL 20 PG 27
Tax Block: 83
Tax Annual Amount: 11228.16
Tax Book Number: 20-48
Unit Info
Total Units: 2
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: MunicipalUtilities
Waterfront / Water
Waterfront: No
View: Yes
View: Garden
Directions
Heading North on Mandalay, go East on Somerset. Property will be on the left.This listing courtesy of Engel & Volkers Belleair
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MLS IDX data last updated on 07-10-2026 7:53 PM EST.
If you have any questions on 42 Somerset Street, Clearwater, Florida, please call David Shippey at 863-521-4517.
MLS# U8255576 located at 42 Somerset Street, Clearwater, Florida is brought to you by David Shippey REALTOR®
42 Somerset Street, Clearwater, Florida has 7 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 42 Somerset Street, Clearwater, Florida is U8255576.
The price for 42 Somerset Street, Clearwater, Florida is $3,500,000.
The status of 42 Somerset Street, Clearwater, Florida is Active.
The subdivision of 42 Somerset Street, Clearwater, Florida is Mandalay Unit 5 Rep.
The home located at 42 Somerset Street, Clearwater, Florida was built in 2026.