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For sale
    • $3,500,000

    42 SOMERSET STREET, CLEARWATER BEACH, FL 33767

    7beds
    4baths
    2,734sqft
    : 
    $23,969/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $1,280/sqft
    $-- HOA

    What's special

    Backyard in-ground poolPrime clearwater beach location
    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!
    723 days
    |
    282
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cammie Whalen 727-902-3090,

    ENGEL & VOLKERS BELLEAIR 727-461-1000

    Source: Stellar MLS,MLS#: U8255576MLS LogoOriginating MLS: Pinellas Suncoast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
      • Laundry: Laundry Closet, Outside
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters
      • Flooring: Tile
      • Doors: Outdoor Grill
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 2,998
      • Total interior livable area: 2,734 sqft

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Outdoor Grill
      • Has private pool: Yes
      • Pool features: Gunite, In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden
      Lot
      • Size: 6,432 Square Feet
      • Dimensions: 60 x 110
      • Features: In County, Landscaped, Level
      Details
      • Parcel number: 052915547560830070
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: MANDALAY UNIT 5 REP
      HOA
      • Has HOA: No
      Location
      • Region: Clearwater

      Financial & listing details

      • Price per square foot: $1,280/sqft
      • Tax assessed value: $660,000
      • Annual tax amount: $11,228
      • Date on market: 9/3/2024
      • Cumulative days on market: 382 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,131/mo

        Price history

        DateEventPrice
        9/4/2024Listed for sale$3,500,000+100%$1,280/sqft
        Source: Stellar MLS #U8255576 Report a problem
        5/16/2013Listing removed$1,750,000$640/sqft
        Source: Belleair Partners, LLC #U7573507 Report a problem
        2/21/2013Listed for sale$1,750,000+77.7%$640/sqft
        Source: Belleair Partners, LLC #U7573507 Report a problem
        5/24/2012Listing removed$985,000$360/sqft
        Source: Franklin Realty #U7536646 Report a problem
        1/25/2012Price change$985,000-34.3%$360/sqft
        Source: Franklin Realty #U7536646 Report a problem
        8/25/2011Listed for sale$1,500,000+115.8%$549/sqft
        Source: Franklin Realty #U7536646 Report a problem
        7/31/2006Sold$695,000$254/sqft
        Source: Stellar MLS #U7210658 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,566 +5.8%$644,204 +10%
        2024$11,879 +5.8%$585,640 +10%
        2023$11,228 +13.4%$532,400 +10%
        2022$9,899 +10.7%$484,000 +10%
        2021$8,942 -10.8%$440,000 -5.8%
        2020$10,020 +5.8%$467,048 +10%
        2019$9,474 $424,589 -0.1%
        2018$9,474 +13.7%$425,000 +4.2%
        2017$8,336 +25.1%$408,000 +25.2%
        2016$6,661 +8.5%$326,000 +12.4%
        2015$6,140 +6.8%$290,000 +7.2%
        2014$5,751 $270,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Clearwater Beach

        Getting around

        55 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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