Four luxury vacation homes will soon fill a vacant site on Clearwater Beach. Clover Investment Properties in partnership with One of One Hospitality will be leading the development. The development has been named Somerset Beach and is located 125 feet off the beach. The lot is located at 668 Mandalay Avenue – a site that has been vacant for more than 15 years.

The project will total 13,700 square feet across four units. Each unit will average 3,400 square feet with six bedrooms, six and a half baths, a full chef’s kitchen, exterior lounge space, and an individual pool with luxury finishes. The vacant lot was purchased in December 2021 for $4 million by Clover Somerset Beach LLC, an entity linked to Clover Investment Properties. The sale price based on land was $227 per square foot. The lot is currently zoned for up to 12 units, but the developer has decided the neighborhood will be better served with a smaller amount.

The vacation homes are being built adjacent to the Cambria Clearwater hotel and is located across the street from Hotel Cabana Clearwater Beach. Few vacant parcels remain on Clearwater Beach with the area seeing a wave of tourism in recent years. Luxury condominiums are planned for the majority of the remaining vacant parcels in the area.