1198 MANDALAY POINT, Clearwater, FL, 33767 | $37,500,000

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.

Features

  • Elevator: Y
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 247 x 252
  • Laundry: Inside, Laundry Room
  • Style: Coastal, Custom, Elevated
  • Year Built: 1987
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level, Guest, Split Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,434
  • Acreage: 42.57
  • Lot Size: 247 x 252
  • Est. Taxes: $70,103
  • Lot Desc: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Level, Near Marina, Oversized Lot, Private, Street Dead-End
  • View: Pool, Trees/Woods, Water
  • Pool: Above Ground, Deck, Heated, Lap, Lighting
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • MLS#: U8231430
  • Days on Market: 610 days
  • Website: https://www.raveis.com
    /eprop/U8231430/1198mandalaypoint_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/6/2025 12:17:10 PM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1198 MANDALAY POINT, Clearwater, FL, 33767

$37,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $30,000,000 $30,000,000 $30,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.440% 6.110% 5.952%
Monthly Tax Payment $5,842 $5,842 $5,842
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $172,697 $179,865 $249,123
Total Monthly Payment $178,664 $185,832 $255,090

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.