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About This Home

This 7-bedroom, 4-bathroom multi-family at 42 SOMERSET STREET in CLEARWATER BEACH, FL is listed for $3,500,000 ($1,280 per sqft). Built in 1950, the home offers 2,734 sqft of living space on a N/A lot.

Agent Description

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!

Key Features

  • Built in 1950

Property Details

1 story
4 full
1950

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

42 SOMERSET STREET

CLEARWATER BEACH, FL 33767

MANDALAY UNIT 5 REP

Features & Amenities

Interior Features

Stone Counters

Exterior Features

Outdoor Grill

Property Details

Flooring

Tile

Parking

Off Street

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 42 SOMERSET STREET is listed at $3,500,000 ($1,280/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: Built in 1950. Interior Features: Stone Counters. Exterior Features: Outdoor Grill.

This property is listed by Cammie Whalen and can be reached at 7279023090 or cammie.griffin@engelvoelkers.com.

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CW

Cammie Whalen

Agent at Engel & Völkers Belleair

(727) 902-3090

Listed by Engel & Völkers Belleair · View on Broker Site

MLS# U8255576· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

42 SOMERSET STREET, CLEARWATER BEACH, FL 33767

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