42 SOMERSET STREET
CLEARWATER BEACH, FL 33767
About this home
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!
Facts & features
Interior
- Bedrooms
- 7
- Bathrooms
- 4
- Living area
- 2,734 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Tile
- Features
- Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters…
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater…
Exterior & lot
- Lot size
- 6,432 sqft (0.15 ac)
- Pool
- Yes
- Roof
- Shingle
- Construction
- Block
- Exterior
- Fence, Outdoor Grill
Financial
- Annual tax
- $11,228 (2023)
- Price / sqft
- $1280/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Public
Property
- Property type
- Multi-Family
- Year built
- 1950
- Subdivision
- MANDALAY UNIT 5 REP
- County
- Pinellas
Listing
- Status
- Active
- Days on market
- 361 days
- MLS #
- MFR735450125
- Source
- Stellar MLS
Listed by Cammie Whalen · ENGEL & VOLKERS BELLEAIR
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 22 comparable sales within 3 miles of CLEARWATER BEACH, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $17,698/mo
- Property tax
- $936/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 30, 2024 | Listed | $3,500,000 | — |
NeighbourhoodSample data
Reference scores for CLEARWATER BEACH, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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