Single Family Residence at 1198 MANDALAY PT, CLEARWATER
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$37,500,000

1198 MANDALAY PT
CLEARWATER, FL 33767
Listed by Mary Hickok · COASTAL PROPERTIES GROUP INTERNATIONAL
Bedrooms
3
Bathrooms
3
Living area
3,434 sqft
Year built
1987

About this home

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.

Highlights

WaterfrontPrivate poolFireplace

Property details

MLS #
MFRU8231430
Property type
Single Family Residence
Subdivision
MANDALAY POINT SUB 1ST ADD
Status
Active
Days on market
874
On market date
February 26, 2024
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
42.57 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CURTIS FUNDAMENTAL ELEMENTARY
2.69 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
529
Student:teacher ratio
15.1:1
District
PINELLAS
Middle
DUNEDIN HIGHLAND MIDDLE SCHOOL
3.15 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,022
Student:teacher ratio
19.7:1
District
PINELLAS
High
DUNEDIN HIGH SCHOOL
3.62 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,196
Student:teacher ratio
20.3:1
District
PINELLAS

Walkability

Blended score for CLEARWATER's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
15 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops3
Pharmacies0

Market position

How this listing compares to current activity in CLEARWATER, from live MLS data.

On the market 874 days -- 766 more days than CLEARWATER's current average of 108 days.
For reference, the median list price across 1,833 active listings in CLEARWATER right now is $224,800.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$225,979/mo
$7,500,000 down
$30,000,000 loan
Principal & interest$194,579
Property tax (est.)$31,250
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.