PROPERTY DESCRIPTION

744 Bay Esplanade, Clearwater Beach, FL 33767

3 bed / 2 ba 1,305sf 4,086 Lot

Available at: $517,725 ARV mid $800’s

FEMA Structure Value: $242,580 | Land Value: $492,725

Rehab Cap: $121,289 per FEMA; seller has appraisal to raise this to $170,000

Rehab Comps:

718 Bay Esplanade Sold 9/30/25 $645psft 45DOM

824 Narcissus Ave Sold 9/1/25 $678psft 52DOM

As-Is Comps similar condition to subject property selling at similar $$:

866 Bruce Ave

51 Verbena St

860 Bruce Ave

Photos: https://bit.ly/BayEsplanade

🌴 The Property

North Clearwater Beach cottage on an oversized lot—flooded for the first time in 90 years during Hurricane Helene. Home has been professionally hurricane-remediated and is ready for your next phase of work, including roof (2005) and HVAC (date unknown).

This 3BR / 2BA home offers an open floor plan with a living/dining area featuring a fireplace and stained glass windows. The sunny kitchen leads to a custom outdoor paver patio with a covered entertainment area and built-in outdoor kitchen—ideal for restoring or reimagining.

🏗️ Your Options

1️⃣ Rehab the Existing Structure:

Preserve the charm and layout while FEMA’s rehab max of $121,289 (seller's appraisal at $170,000). Create a beachside gem with immediate resale or rental upside.

2️⃣ Tear Down & Build New:

Approved for up to 1,700 sq ft per level—build a new elevated home that captures intercoastal views and sits among multi-million-dollar neighbors.

📍 Prime Location

Located in the desirable North Beach area, just a short walk to the sand, restaurants, shops, and Clearwater Beach attractions.

💡 Ideal for

Rehabbers looking for a quick, high-margin project

Builders wanting a premium beach lot at land value

Investors seeking north beach redevelopment opportunities

👉 Contact us to schedule your walkthrough.

Offered by:

Offer Florida

[email protected]

689-600-3045

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Offer Florida

Buyers are responsible for their own due diligence. • The seller of this property either owns or holds an equitable contractual interest in the marketed properties. • The seller has exclusively relied on information from the MLS, County Assessor’s office, and Property Tax office to determine all measurements, including lot size, square footage, number of bathrooms, bedrooms, total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other relevant data regarding the physical improvements and land area of the property. The buyer acknowledges and agrees that the seller makes no representations or warranties regarding the actual conditions that may exist within or around the property. The buyer further acknowledges that it has conducted its own investigation of these facts and is purchasing the property based on its own conclusions. The buyer expressly acknowledges that it is acquiring the property in “as is, where is” condition.