Mandalay in Clearwater Beach

Mandalay Homes for Sale in Clearwater Beach, FL

Single-family subdivision on Clearwater Beach · ZIP 33767

An established single-family subdivision on the Clearwater Beach barrier island.

Barrier-island single-familyInland to Gulf-frontFlood and insurance read
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a single-family subdivision on a barrier island, ranging from inland to Gulf-front; the elevation, the flood zone, the insurance, and the waterfront type decide value, so read all four for a specific home.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Mandalay is an established single-family subdivision on the Clearwater Beach barrier island, so the read is a barrier-island read: public sources describe one of the largest single-residential neighborhoods on Clearwater Beach, with origins dating to the 1930s and more than 500 homes, ranging from inland homes to Intracoastal-front and Gulf-front properties, with a community boat ramp, tennis courts, recreation building, and playground in the area, and walkability to the beach. As a barrier-island neighborhood, the elevation, the flood zone, the windstorm and flood insurance, the waterfront type, and any short-term-rental rules drive value. Your leverage is reading the elevation and insurance picture and the waterfront type before you buy; confirm details with the city and the listing."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Mandalay is an established single-family subdivision on Clearwater Beach, in Pinellas County's 33767 ZIP, on the barrier island. Public sources describe it as one of the largest single-residential neighborhoods on the beach, with origins dating to the 1930s and more than 500 homes, ranging from inland homes to Intracoastal-front and Gulf-front properties.

The appeal is barrier-island living with a range of price points: public sources describe a mix of inland homes within walking distance of the beach and waterfront homes on the Intracoastal and the Gulf, with about a quarter of the homes on the water, plus a community boat ramp, tennis courts, a recreation building, and a playground in the area. The typical home is described as a three-bedroom of roughly 1,600 to 2,000 square feet, with larger homes well beyond that.

The defining read is the island risk profile. As a barrier-island neighborhood, the elevation, the flood zone, the flood and windstorm insurance, the waterfront type and seawall condition, and any short-term-rental rules drive value far more than the finishes. The 2024 storm season brought surge to Pinellas barrier islands, so the elevation and insurance picture is central. Confirm the elevation, the flood quote, and the waterfront details for a specific home.

For buyers who want a single-family home on the Clearwater Beach island, from an inland walk-to-beach home to a waterfront property, Mandalay is one of the options. The work is reading the elevation, the flood and insurance picture, and the waterfront type honestly before you buy.

Best for

  • Buyers who want a single-family home on the Clearwater Beach island
  • Anyone who values walkability to the beach or waterfront access
  • Buyers weighing inland versus Intracoastal or Gulf-front homes
  • Buyers who will read the elevation, flood zone, and insurance

Probably not for

  • Buyers not prepared for barrier-island flood and windstorm costs
  • Anyone who wants a low-maintenance inland or gated setting
  • Buyers who will not read the elevation and insurance picture
  • Anyone uncomfortable with storm and evacuation exposure

How Mandalay is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Mandalay listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Mandalay buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

Mandalay sits in Clearwater Beach, with everyday shopping, major roads, and the wider Tampa Bay area within a reasonable drive.

Clearwater Beach (Gulf)~2-10 min · walk or short drive
Community boat ramp~2-5 min · Intracoastal access
Clearwater Marine Aquarium~5-10 min · island attraction
Downtown Clearwater~10-15 min · via Memorial Causeway
Dunedin / Honeymoon Island~15-25 min · parks and beaches
Tampa International Airport (TPA)~35-50 min · via the causeway and SR-60

Distances and times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Mandalay Homes for Sale in Clearwater Beach, FL with Momentum Realty’s local guides.

MBMandalayClearwater Beach Homes for SaleClearwater Beach, FL · 0.1 miIEIsland Estatesof Clearwater Homes for Sale in Clearwater Beach, FLClearwater Beach, FL · 0.5 miCHCarlouel Homes for Sale in Clearwater Beach, FLClearwater Beach, FL · 0.8 miIEIsland Estate of ClearwaterUnits 6D, 7A & 7CClearwater, FL · 1.1 miIEIsland Estatesof Clearwater Homes for SaleClearwater, FL · 1.1 miVOVillage onIsland Estates Homes for Sale in Clearwater, FLClearwater, FL · 1.1 miCPClearwater Point Homes for SaleClearwater, FL · 1.4 miVRViceroy Residences Clearwater Beach Homes for SaleClearwater Beach, FL · 1.4 miGOThe Grande onSand Key Homes for Sale in Clearwater, FLClearwater, FL · 1.4 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Mandalay (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Mandalay is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Public Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating
Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Mandalay address.

The takeaway

What is actually shaping value at Mandalay: the rare single-family setting on the Clearwater Beach island, the barrier-island flood and insurance picture, elevated coastal premiums, and short-term-rental rules. Each item is sourced and linked.

Recent Developments in Mandalay

Our read on what is being built around Mandalay, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe barrier-island single-family setting supports strong demand, while the defining watch items are the elevation and flood zone, the flood and windstorm insurance, the waterfront type, and the short-term-rental rules.

Barrier-island single-family on Clearwater Beach anchors demand

Ongoing
BullishMajor impact
SignificanceRadius: Community

A single-family home on the Clearwater Beach island, with walkability to the Gulf and waterfront options, is a distinctive draw that supports demand.

Barrier-island flood and windstorm is the key read

2024-2025
BearishMajor impact
SignificanceRadius: Community

The 2024 storms brought surge to Pinellas barrier islands; read the elevation, flood zone, and insurance for the specific home.

Insurance cost shapes affordability

2024-2025
BearishMajor impact
SignificanceRadius: Area

Flood and windstorm premiums on the island can be substantial; get a bound quote before you commit.

Short-term-rental rules shape use and value

2024-2025
NeutralNotable impact
SignificanceRadius: Community

City rules govern short-term rentals on Clearwater Beach; confirm what is permitted for the specific home before assuming rental use.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Mandalay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. September 2024
    Storm

    2024 storm season brings surge to Pinellas barrier islands

    Hurricanes Helene and Milton in 2024 brought storm surge and flooding to Pinellas barrier islands including the Clearwater Beach area, with impact varying sharply by elevation and location. Why it matters: Read the elevation, the flood zone, and the flood and windstorm insurance for the specific home. Source

  2. January 2025
    Insurance

    Coastal flood and windstorm premiums stay elevated

    Flood and windstorm insurance costs on Florida barrier islands remained elevated into 2025, with elevation, construction, and claims history driving the quote. Why it matters: Get a bound flood and windstorm quote tied to the specific home before you commit. Source

Development alerts for MandalayGet a short monthly email when something new is approved, funded, or opens near Mandalay.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Mandalay, this is the order of operations we would run, and the one we run for our clients.

1

Read the elevation and flood zone. Pull the elevation certificate and flood zone for the specific home; on a barrier island it drives everything.

2

Get a bound insurance quote. Obtain flood and windstorm quotes tied to the home before you commit, not after.

3

Confirm the waterfront type. For waterfront homes, check the seawall and dock condition and whether it is Intracoastal or Gulf-front.

4

Verify short-term-rental rules. Confirm what the city permits for the specific home before assuming any rental use.

5

Compare Clearwater options, and cross-shop Curlew City for a mainland alternative.

Best Buy
A well-elevated home with an insurable profile and, if waterfront, a sound seawall
Biggest Risk
A low-elevation or storm-damaged home with an uninsurable or very costly profile
Best Lot
A waterfront home with deep-water Intracoastal access and a sound seawall
Smart Timing
Confirm the elevation, the flood and windstorm quote, the waterfront type, and rental rules
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Mandalay is an established single-family subdivision on Clearwater Beach, in Pinellas County's 33767 ZIP, on the barrier island. Public sources describe one of the largest single-residential neighborhoods on the beach, with origins dating to the 1930s and more than 500 homes, ranging from inland homes to Intracoastal-front and Gulf-front properties, with about a quarter on the water, plus a community boat ramp, tennis courts, a recreation building, and a playground in the area. The typical home is described as a three-bedroom of roughly 1,600 to 2,000 square feet, with larger homes beyond. As a barrier-island neighborhood, the elevation, the flood zone, the flood and windstorm insurance, the waterfront type and seawall, and short-term-rental rules drive value far more than the finishes.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Inland Home

Inland walk-to-beach homes, the entry into the island, priced for the elevation and insurance read.

Lowest entry
The Intracoastal Home

Waterfront homes on the Intracoastal with boat access, the heart of the island's waterfront market.

Most inventory
The Gulf-Front Home

Gulf-front properties, the premium tier, where elevation, insurance, and seawall condition decide the deal.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Inland Home
Inland walk-to-beach homes, the entry into the island, priced for the elevation and insurance read.
The Intracoastal Home
Waterfront homes on the Intracoastal with boat access, the heart of the island's waterfront market.
The Gulf-Front Home
Gulf-front properties, the premium tier, where elevation, insurance, and seawall condition decide the deal.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within Clearwater BeachStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Mandalay

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The Clearwater Beach island and the waterfront sell the home. The deal is won or lost on the elevation, the flood zone, and the insurance read.

Jon Brooks · Founder, Momentum Realty
7.6B · Buy Score
Resale Strength7.8/10
Renovation Risk5.5/10
Location Efficiency8.8/10
Long-Term Defensibility7.4/10
Carrying Cost Advantage4.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Mandalay is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • The lot and the homesite are the scarce, durable asset here
  • A better-positioned lot holds value at resale
  • The homesite cannot be changed, the house can
  • Read the lot and the flood zone before the finishes
  • Condition and renovation level drive the number

In Mandalay, the part of your money the market protects is the lot, the position, and the condition of the home. Read the lot, the homesite, and the flood zone first, then price the condition and the renovation level against it.

Mandalay in 15 seconds.

Best forBuyers who want a single-family home on the Clearwater Beach island, inland or waterfront.
Biggest advantageA rare single-family setting on the beach with walkability and waterfront options.
Biggest riskBarrier-island flood, windstorm, and insurance cost on a low-lying island.
Sweet spotA well-elevated, insurable home, or a waterfront home with a sound seawall.
Avoid ifYou want a low-risk inland location or cannot carry coastal insurance.

HOA, CDD & Fees

15-Second Take
  • No CDD; confirm any HOA
  • Barrier-island single-family
  • Read the elevation and flood zone
  • Flood and windstorm insurance is central
  • Boat ramp and beach access nearby

Public sources do not describe a mandatory community-wide HOA fee in this established subdivision, though area amenities like a boat ramp and tennis may have separate arrangements, and there is no CDD; confirm any association, the area amenities, and especially the flood and windstorm insurance for the specific home.

Public sources describe area amenities including a community boat ramp, tennis courts, a recreation building, and a playground; confirm access, any fees, and the insurance picture.

Public sources describe a community boat ramp, tennis courts, a recreation building, and a playground in the area, with the Gulf beach within walking distance of many homes.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Mandalay, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Curlew City, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Mandalay home worth?

Get a no-obligation home value based on real comparable sales in Mandalay matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not a Zestimate.

Mandalay Market Scorecard

Strong seller's market

Mandalay is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Mandalay?
Mandalay is a single-family subdivision on Clearwater Beach, in Pinellas County's 33767 ZIP, on the barrier island, with homes ranging from inland to waterfront.
What kind of homes are here?
Public sources describe more than 500 single-family homes with origins to the 1930s, from inland homes to Intracoastal- and Gulf-front properties. The typical home is a three-bedroom of roughly 1,600 to 2,000 square feet.
Is Mandalay waterfront?
Some of it. Public sources describe about a quarter of the homes on the water, on the Intracoastal or the Gulf, with the rest inland but often within walking distance of the beach.
Does Mandalay flood?
As a barrier-island neighborhood it carries real flood and windstorm exposure, and the 2024 storms brought surge to Pinellas islands. Read the elevation and flood zone for the specific home before you offer.
What does insurance cost here?
Flood and windstorm premiums on the island can be substantial and vary by elevation and construction. Get a bound quote tied to the specific home before you commit.
Is there an HOA or CDD?
Public sources do not describe a mandatory community-wide HOA in this established subdivision, and there is no CDD. Confirm any association or amenity arrangement for the specific home.
Can I use a home here as a short-term rental?
City rules govern short-term rentals on Clearwater Beach. Confirm what is permitted for the specific home before assuming any rental use.
What amenities are nearby?
Public sources describe a community boat ramp, tennis courts, a recreation building, and a playground in the area, plus the Gulf beach within walking distance of many homes.
How far is downtown Clearwater and the airport?
Downtown Clearwater is roughly ten to fifteen minutes via the Memorial Causeway, and Tampa International Airport about thirty-five to fifty minutes.
What should I check before buying here?
Read the elevation certificate and flood zone, get bound flood and windstorm quotes, check the seawall and dock on waterfront homes, and confirm short-term-rental rules.
Is Mandalay a good value?
A single-family home on the Clearwater Beach island is a distinctive asset. The elevation and insurance picture drive the real value; read them carefully before you offer.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On a barrier-island home where elevation, insurance, and seawall condition swing value, having your own representation is the highest-leverage decision you make.
Buyers who want a single-family home on the Clearwater Beach islandExcellent fit
Anyone who values walkability to the beach or waterfront accessExcellent fit
Buyers weighing inland versus Intracoastal or Gulf-front homesExcellent fit
Buyers who will read the elevation, flood zone, and insuranceExcellent fit
Buyers who will read the elevation, seawall, and flood and windstorm insuranceExcellent fit
Buyers not prepared for barrier-island flood and windstorm costsProbably not
Anyone who wants a low-maintenance inland or gated settingProbably not
Buyers who will not read the elevation and insurance pictureProbably not
Anyone uncomfortable with storm and evacuation exposureProbably not
Buyers who want a low-risk inland location away from the coastProbably not

Get the inside read on Mandalay

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Mandalay home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Mandalay specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Mandalay — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively 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; deemed reliable but not guaranteed by MLS GRID.

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