Colliers has been retained on an exclusive basis to arrange the sale of the Mandalay Avenue site (the “Property”); a 0.41 acre residential or hotel development site located just steps from the quartz white sands of famed Clearwater Beach, Florida. The site has a 65’ height restriction, an allowable density of 18 residential units and a ‘Tourist’ zoning classification making it a candidate for either a boutique condominium, hotel or a combination of the two. With frontage along Mandalay Avenue and abutting McKay Park on its northern boundary, the site also enjoys public beach access across Mandalay on both Glendale and Heilwood Streets. Clearwater Beach vacation rentals are in high demand particularly those with direct beach access and regularly command $300 - 500 per bedroom per night during the peak season.