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483 Mandalay Ave
Clearwater Beach, FL 33767
Pelican Walk Plaza · Retail Property For Sale
Investment Highlights
- Largest, most recognizable center on Clearwater Beach, one of the most visited beach destinations in the U.S
- 38,713 SF, 98% NNN leased to 18 tenants
- Immediate proximity to Pier 60, beachfront hotels, resorts, and public beach access
- Attached to the only public parking garage in North Beach, delivering automatic foot traffic and boosts dwell time of customers to Plaza
- Lifestyle & Trophy Asset appeal, experiential center with tourism-driven revenue tailwinds
- Benefits from year-round tourism, seasonal population spikes, and strong international tourist visitation
Property Facts
Property Type
Retail
Property Subtype
Building Size
38,713 SF
Building Class
B
Year Built/Renovated
1994/2018
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
1.68 AC
Zoning
T - Tourist
Parking
100 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
305’ on Mandalay
Amenities
- Courtyard
- Restaurant
- Signage
- Wheelchair Accessible
- Accent Lighting
- Recessed Lighting
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 08-29-15-60417-000-0100 | Improvements Assessment | $13,300,000 |
| Land Assessment | $0 | Total Assessment | $13,300,000 |
Property Taxes
Parcel Number
08-29-15-60417-000-0100
Land Assessment
$0
Improvements Assessment
$13,300,000
Total Assessment
$13,300,000
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