1198 Mandalay POINT, Clearwater, FL, 33767 | $32,500,000

Welcome to 1198 Mandalay Point: peaceful, private, pristine. A once-in-a-lifetime opportunity for a Buyer seeking a private retreat with access to miles of pristine Gulf beach, protected dockage on the bay, and 360-degree views of natural beauty at their own front door. This extraordinary property sits between the Gulf of Mexico to the west and the intracoastal bay to the east, providing views of sunrises over the bay and sunsets over the Gulf. This 42. 57-acre property is bordered on the north by one of Florida's finest natural treasures: Caladesi Island State Park, one of the few untouched islands along the Gulf Coast. The 3, 434 square foot home with protected dockage is the northernmost property on Mandalay Point, a private, gated enclave of only 11 homes at the very north end of Clearwater Beach and within walking distance of another jewel in Clearwater's history, Carlouel Yacht Club, established in 1934. The home can be reached by the private road or by boat. The current owners, true stewards of the land, built the home in 1987 with the goal of providing an opportunity for family and guests to experience the natural beauty of this exceptional setting. They worked with premier builders Clark and Logan to create a home that is elevated 20 feet above sea level and is so thoughtfully placed on the property that all of the rooms, including the bathrooms, offer views of the Gulf of Mexico, the Bay, and the tropical Southernmost tip of Caladesi Island. The indoor/outdoor experience continues as you step into the living room which overlooks the Gulf and opens to an extraordinary atrium overlooking the pool and bay. This dramatic atrium, with 30-foot ceilings, features a heated lap pool raised above ground level and views of sunrises and sunsets, turtle and bird habitats, Australian Pines, crystal clear water, rainstorms and stars. This home offers the best of all worlds - an extremely private, pristine natural setting yet easy access to restaurants, grocery stores, a full-service marina and Tampa International Airport.

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: 287 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 12/22/2024 7:04:54 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

$32,500,000

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 $26,000,000 $26,000,000 $26,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $5,842 $5,842 $5,842
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $168,636 $166,481 $228,278
Total Monthly Payment $174,603 $172,448 $234,245

* 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.