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 Florida’s most coveted beach destinations. Your gateway to exceptional rental income and beachside bliss awaits!
Property Details
Property Features
Property Information:
Year Built: 1950
Living Area: 2,734 SqFt
Listing Office:
Office Name: ENGEL & VOLKERS BELLEAIR
Office Phone: (727) 461-1000
Listing Agent: Cammie Whalen
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Tile
Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
Exterior Features
Exterior Information:
Private Pool: Yes
View: Garden
Exterior: Fence, Outdoor Grill
Parking Information:
Attached Garage: No
Parking: Off Street
Lot Features
Lot Information:
Lot: Landscaped, Level, Paved
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Heading North on Mandalay, go East on Somerset. Property will be on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Price Per SqFt: $1,280/SqFt
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Housing Market Comparison
See how this home compares to others in Clearwater Beach, FL.
This property is $2.7M more than the Median Sold Price and $720/SqFt more than other homes in Clearwater Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #U8255576
Listing Office:
Office Name: ENGEL & VOLKERS BELLEAIR
Office Phone: (727) 461-1000
Listing Agent: Cammie Whalen
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Curtis Fundamental Elementary School
531 Beltrees St
Distance between this listing and this school2.73 miles
Public Magnet Grades KG-5
5
/10
Sandy Lane Elementary
1360 Sandy Ln
Distance between this listing and this school2.75 miles
Public District Grades PK-5
7
/10
Kings Highway Elementary Magnet School
1715 Kings Hwy
Distance between this listing and this school2.93 miles
Public Magnet Grades PK-5
Nearby Schools
1
/10
Clearwater Intermediate School
1220 Palmetto St
Distance between this listing and this school2.60 miles
Public District Grades 4-9
4
/10
Dunedin Highland Middle School
70 Patricia Ave
Distance between this listing and this school3.03 miles
Public Magnet Grades 6-8
9
/10
Clearwater Fundamental Middle School
1660 Palmetto St
Distance between this listing and this school3.74 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Dunedin High School
1651 Pinehurst Rd
Distance between this listing and this school4.38 miles
Public Magnet Grades 9-12
3
/10
Clearwater High School
540 S Hercules Ave
Distance between this listing and this school4.73 miles
Public Magnet Grades 9-12
1
/10
Pinellas Teleschool
2235 NE Coachman Rd
Distance between this listing and this school5.17 miles
The neighbors living near this home have an average income of $88,993. Typical income of Clearwater Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 42 Somerset St in Clearwater Beach, FL and zip code 33767. This 2,734 square foot home, which was built in 1950, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $3,500,000.
Over 2 listings were sold over their listed price in November 2024 in Clearwater Beach, FL. In the same period over 17 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Clearwater Beach, FL between October 2024 and November 2024 increased by 5%. While the average time on the market in November 2024 was 82 days, the median list price was $785,000.
From Rocket Homes Real Estate and based on county public records data.