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Sherry Shaheen

sherry.shaheen@engelvoelkers.com +1(352) 455-0712

$ 5,250,000

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1058 ELDORADO AVE Clearwater Beach, FL 33767

6 Beds

5 Baths

5,016 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $1,046

Subdivision Mandalay Sub

MLS Listing ID TB8377994

Bedrooms 6

Full Baths 5

HOA Fees $200/ann

HOA Y/N Yes

Annual Recurring Fee 200.0

Year Built 1973

Annual Tax Amount $19,409

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

LARGEST Gulf-Front Lot Offered For Sale in Nearly 4 Years! With Gulf views in the back, and Bay views in the front, makes this an extremely rare opportunity on Clearwater Beach's coveted North Beach. Located on the most desirable part of Eldorado Avenue, and directly across from the exclusive Carlouel Yacht Club. This oversized lot (11,117 sqft) boasts 90 feet of frontage on the stunning Gulf of Mexico—significantly larger than most neighboring properties. This prime location offers breathtaking views and endless potential. The existing 5,000+ sqft home includes 6 BR (one bedroom can double as office) + Den/Playroom and 5 BA. The home is offered as-is, making it the perfect canvas on one of North Beach's finest streets. Upper Floor: Fully Intact; Only the lower level sustained flood damage from Hurricane Helene. The upper floor bedrooms, bathrooms, and structural integrity are entirely unaffected — meaning a buyer receives full value of the existing 5,000+ sq ft layout with targeted, lower-level remediation only. Two visions: One exceptional address. Whether you are drawn to the beauty of preserving a well-built family home or envision raising a custom estate from the ground up, 1058 Eldorado accommodates both with equal distinction. PATH ONE: Restore & Revitalize- Honor the home's heritage while modernizing to today's luxury standards. With only the lower level requiring attention, the cost to create a stunning, turn-key Gulf-front residence is a fraction of new construction — and faster. PATH TWO: Blank Slate. Dream Home. A 90-foot Gulf-front lot is the rarest commodity on Clearwater Beach. Cleared and redeveloped, this parcel supports a $6–8M+ custom estate — one designed precisely for the buyer's vision, maximizing views, setback advantage, and luxury programming. STRATEGIC POSITION: Set back. Elevated. Protected. What might appear as "distance from the water" is, in fact, this property's most under appreciated advantage. Sitting approximately 500 feet from the high tide line, 1058 Eldorado occupies a rare position: genuinely Gulf-front, yet buffered by one of Florida's broadest natural beach corridors— unobstructed views, natural privacy through depth, and a property that has consistently attracted interest precisely because it sits at the apex of North Beach. THE VIEWS: Two bodies of water. One address. Dual-water-view properties on Clearwater Beach are exceptionally rare. 1058 Eldorado delivers both — Gulf of Mexico sunsets from the rear and serene Intracoastal/Bay views from the front. This is a view composition that no standard lot can replicate. Carlouel Beach and Yacht Club: $45M+ MEMBER-APPROVED REBUILD BUDGET
"Carlouel is entering an exciting new era — a complete clubhouse rebuild designed to honor its storied history while reimagining the future of private coastal living."

Location

State FL

County Pinellas

Community Mandalay Sub

Area 33767 - Clearwater/Clearwater Beach

Interior

Interior Features Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs

Heating Central, Electric

Cooling Central Air

Flooring Concrete

Fireplaces Type Family Room

Fireplace true

Appliance None

Laundry Inside

Exterior

Exterior Feature Lighting

Garage Spaces 3.0

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Sprinkler Recycled, Water Connected

Waterfront Description Beach Front,Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

View Water

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $16

Membership Fee Required Optional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8377994

Listed by Ryan Birge RYAN JOSEPH BIRGE

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Sherry Shaheen

Real Estate Advisor | License ID: SL3517451

+1(352) 455-0712

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