$3,500,000
42 Somerset Street Clearwater Beach, FL 33767
For Sale MLS# U8255576
7 beds 4 baths 2,734 sq ft Multi-family
Details for 42 Somerset Street
MLS# U8255576
Description for 42 Somerset Street, Clearwater Beach, FL, 33767
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!
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 7
Bathrooms: 4
Lot Size: 0.15 Acres
Square Feet: 2,734 sq ft
Year Built: 1950
Stories: 1 Story
Construction: Block
Construction Display: New Construction
Subdivision: Mandalay Unit 5 Rep
Foundation: Slab
Number Of Units Total: 2
County: Pinellas
Construction Status: New Construction
Additonal Room Information
Laundry: Laundry Closet, Outside
Interior Features
Appliances: Tankless Water Heater, Microwave, Range, Refrigerator, Washer, Dishwasher, Dryer
Flooring: Tile
Doors/Windows: Window Treatments, Blinds
Additional Interior Features: Ceiling Fan(s), Main Level Primary, Window Treatments, Built-in Features, Solid Surface Counters, Stone Counters, Wood Cabinets, Split Bedrooms
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Exterior / Lot Features
Parking Description: Off Street
Roof: Shingle
Pool: Gunite, In Ground
Lot View: Garden
Lot Dimensions: 60x110
Additional Exterior/Lot Features: Fence, Outdoor Grill, Flat, Level, Landscaped, Outside City Limits
Community Features
Security Features: Smoke Detector(s)
Driving Directions
Heading North on Mandalay, go East on Somerset. Property will be on the left.
Financial Considerations
Terms: Cash,Conventional
Gross Income: 272577
Tax/Property ID: 05-29-15-54756-083-0070
Tax Amount: 11228.16
Tax Year: 2023
A broker reciprocity listing courtesy: ENGEL & VOLKERS BELLEAIR
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2025 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 42 Somerset Street
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 42 Somerset Street
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.