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$10,000 Closing Credit¹
#TB8341332, Kenny Hayslett, Listing Office: RE/MAX ACTION FIRST OF FLORIDA
42 Somerset St Clearwater Beach, FL 33767
$3,500,000 List price
0 beds
2,734 sqft
0.1 acres
$1,280 / sqft
Multi-Family
Property details
About 42 Somerset St
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!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,734 sqft
Lot size0.15 Acres
Year built1950
ParkingOff Street
MLS #U8255576
ViewGarden
Private poolYes
Summary
- MLS Number: U8255576
- MLS Name: MFRMLS
- Office Name: ENGEL & VOLKERS BELLEAIR
- Office Phone: (727) 461-1000
- Listing Agent: Cammie Whalen
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 2/11/2025, 1:20:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
42 Somerset St
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Price information
Property sales
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Tax history
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Nearby schools
10
Curtis Fundamental Elementary School
Public Magnet KG-5
2.7 mi
•531 Beltrees St
5
Sandy Lane Elementary
Public District PK-5
2.8 mi
•1360 Sandy Ln
7
Kings Highway Elementary Magnet School
Public Magnet PK-5
2.9 mi
•1715 Kings Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,993. Most Clearwater Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
36%
35k-100k
23%
100k-200k
22%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
3%
Single, with Kids
38%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
4%
12-17 yrs old
11%
18-34 yrs old
54%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Boston Market
What do the neighbors drive?
Lincoln
Mazda
Cadillac
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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This home is located at 42 Somerset St in Clearwater Beach, FL and zip code 33767. This 2,734 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $3,500,000.
While more than 0 listings in Clearwater Beach, FL in January 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 22 were sold below. Between December and January 2025, Clearwater Beach, FL real estate market has seen increase in the number of listings by 17.4%. The median list price of listings available in January 2025 was $754,500, while the average time on the real estate market was 73 days.
From Rocket Homes Real Estate and based on county public records data.