Offered At
$5.25M
Refreshed Asking Price
Clearwater Beach North · Eldorado Avenue · Listing Proposal

1058
Eldorado

The Largest Gulf-Front Lot Currently Offered on North Beach

90' Gulf Frontage
11,117 Sq Ft Lot
5,016 Sq Ft Home
6 / 5 Bed / Bath
Dual Water Views

Built with
intention.
Offered with care.

"A family home designed to last generations — and it has."

Nearly 50 years ago, this home was built by its owner — not as an investment, but as a sanctuary. Thoughtfully positioned on a lot nearly 1.5 times the size of its neighbors, facing the Gulf of Mexico, it has sheltered one family through decades of Clearwater Beach life.

In late 2024, Hurricane Helene touched the lower level. The upper floor stands unaffected. What remains is not a damaged home — it is a rare canvas: a legacy-class lot with a proven structural foundation, offered as-is, waiting for its next chapter.

✓
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.

⌂
A Genuine North Beach Rarity

Gulf-front lots of this size have not come to market on North Beach in nearly four years. What you are purchasing is not simply a home — it is access to a land position that rarely trades. The home is a bonus; the lot is the legacy.

5,016 sq ft across
two levels.

Thoughtfully designed over two floors, this home delivers generous room proportions rarely found at any price point — with dual balconies totaling 594 sq ft, a 787 sq ft garage, and 340 sq ft of Gulf-facing deck. The upper floor is entirely untouched — dedicated to bedrooms and bathrooms. Only the lower level requires attention.

5,016Living Sq Ft
787Garage Sq Ft
594Balcony Sq Ft
340Deck Sq Ft
6 / 5Bed / Bath
Lower Level — 1st Floor 2,949 sq ft interior + 787 sq ft garage
First and Second Floor Plans
Living
Family Room19'2" × 19'8"
Living Room24'11" × 15'10"
Dining Area14'4" × 13'11"
Kitchen11'8" × 13'11"
Room / Flex16'4" × 25'9"
Bedrooms & Baths
Bedroom12'1" × 13'7"
Bedroom14'2" × 15'11"
Bath12'4" × 16'3"
Bath7'6" × 8'5"
Bath5'8" × 7'6"
Exterior & Other
Deck22'1" × 15'9" (340 sf)
Garage38'6" × 21'10" (787 sf)
Porch9'3" × 3'6" (73 sf)
Foyer9'2" × 6'0"
Upper Level — 2nd Floor 2,067 sq ft · Bedrooms & Baths — Fully Intact
Second Floor Plan
Primary Suite
Primary Bedroom19'2" × 15'3"
Primary Bath19'2" × 18'0"
Walk-In Closet7'9" × 6'7"
Bedrooms
Bedroom12'9" × 11'5"
Bedroom12'1" × 14'11"
Bedroom11'4" × 13'5"
Office13'1" × 18'6"
Baths & Exterior
Bath13'2" × 6'5"
Bath12'1" × 5'9"
W.I.C.6'2" × 5'5"
Balcony (front)40'4" × 9'7"
Balcony (rear)20'6" × 13'9"
ℹ
Hurricane Helene Impact — Lower Level Only. The upper floor (2,067 sq ft), including the primary suite, all bedrooms, and all bathrooms, is completely unaffected. Only the lower level requires targeted remediation — the structural foundation and entire upper floor are intact and ready to occupy.

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.

  • Upper floor fully intact — bedrooms and bathrooms untouched
  • Existing 5,016 sq ft footprint: 6 bed, 5 bath — spacious from day one
  • Proven structural bones on a lot that doesn't come up for sale
  • Fastest path to occupancy on North Beach's premier street
  • Lower-level remediation + renovation estimated well below land value delta
Path Two — Most Likely Path

Blank Slate.
Dream Home.

A 90-foot Gulf-front lot is the rarest commodity on Clearwater Beach. Cleared and redeveloped, this parcel supports a $5–8M custom estate — one designed precisely for the buyer's vision, maximizing views, setback advantage, and luxury programming.

  • 90' of Gulf frontage — 1.5× the standard lot width — means a grander facade, wider decks, and superior view corridors
  • Depth supports a generous setback from the Gulf while still capturing panoramic water views — strategic protection and privacy
  • No design compromise: build a $5–8M estate from scratch on land that underpins the investment
  • Dual-exposure site: Gulf views to the rear, Intracoastal views to the front — impossible to replicate on a standard lot
  • Infrastructure already in place: sewer, water, gas, electric — development-ready

The lot is the
asset.

In Gulf-front real estate, frontage is everything. At 90 feet — compared to the standard 60-foot lot on Eldorado Avenue — this parcel delivers a 50% advantage in the dimension that matters most: how much of the Gulf you own.

Frontage Comparison · Eldorado Avenue
1058 Eldorado 90 feet
Typical Neighbor 60 feet
"The largest Gulf-front lot offered on North Beach in nearly four years."
11,117
Total square feet of lot — 50% larger than the typical 7,500 sq ft Gulf-front parcel on Eldorado.
4 Years
Since a Gulf-front lot of this size last came to market in this corridor — making this a once-in-a-generation acquisition opportunity.
$5–8M
Estimated custom estate replacement value on this lot — establishing a clear development ceiling that supports the asking price.

Set back.
Elevated.
Protected.

What might appear as "distance from the water" is, in fact, this property's most underappreciated advantage. Sitting approximately 500–600 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.

This is not a trade-off. This is the premium that discerning buyers actually seek — unobstructed views without the vulnerability of the waterline, natural privacy through depth, and a property that has consistently attracted interest precisely because it sits at the apex of North Beach.

"Further from the tide line. Closer to peace of mind."
🛡
Natural Storm Buffer
~500–600 feet of beach acts as a natural barrier against storm surge — a meaningful engineering advantage in Gulf-front real estate and a critical insurance consideration.
👁
Panoramic Views, Preserved
The wide beach corridor does not obstruct Gulf views — it frames them. The elevated perspective from the upper floor captures the full horizon in a way tighter waterline lots cannot match.
🔒
Privacy Through Depth
Foot traffic, beach crowds, and passersby remain well removed from the residence — an intimacy that Gulf-edge properties simply cannot offer.
📍
The Apex of North Beach
This stretch of Eldorado represents the most coveted block of North Beach — where the beach curves and both Gulf and Intracoastal become visible simultaneously.

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.

Rear · West Exposure

Gulf of Mexico
Sunsets

From the upper floor balcony, the Gulf horizon stretches uninterrupted to the west. Evening light across the water creates the signature Clearwater Beach sunset experience — and at 90 feet of frontage, the panorama is wider than virtually every neighboring property.

The natural beach depth means no neighboring construction will ever obstruct this view corridor — it is permanently protected by the shoreline itself.

Front · East Exposure

Intracoastal
& Bay Views

From the front of the property, the Intracoastal Waterway and St. Joseph Sound frame the eastern exposure — a calmer, nautical counterpoint to the Gulf drama behind. Morning light over the bay creates a sunrise experience that makes this property genuinely exceptional from both orientations.

Few properties anywhere on Clearwater Beach offer this dual-water composition in a single residence.

Directly across
the street:
Carlouel Beach & Yacht Club.

Founded in 1934, Carlouel Beach & Yacht Club is one of Florida's most storied private clubs — and it is undergoing its most ambitious transformation in 90 years. A member-approved complete rebuild of the clubhouse and amenities positions Carlouel — and this neighborhood — for a generational step-change in prestige and property values.

The buyer of 1058 Eldorado is not simply purchasing a Gulf-front lot — they are purchasing the most proximate private address to a $45M+ private coastal institution being reimagined for the next century of members.

$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."
⚓
Founded 1934 — A 90-Year Legacy
Carlouel is not a new development amenity — it is an institution. The rebuild signals renewed investment in one of Florida's most exclusive private coastal clubs, directly across from your front door.
📈
Value Catalyst for the Immediate Neighborhood
A $45M+ capital investment in a private club directly across the street is a documented driver of surrounding residential values. No other listing in this corridor can claim this proximity.
🌊
Expanded Dining, Beach & Poolside Programming
The rebuilt Carlouel features expanded waterfront dining, enhanced beach and pool facilities, refreshed tennis and recreation areas — all steps from this property. A lifestyle offering that commands a premium on its own.

A recalibrated
opportunity.

With a refreshed price of $5.25M, this offering is positioned to reflect market reality while honoring the genuine scarcity of the asset. The lot alone — 90 feet of Gulf-front in a market that hasn't seen this size in four years — justifies a price well above recent activity.

Land value premium: The extra 30 feet of frontage vs. a standard lot represents tens of thousands in additional land value per linear foot — a multiplier that compounds at the $5M+ tier.
Carlouel upside: Buyers acquiring today, before the rebuild completes, are buying ahead of the neighborhood value inflection. The $45M+ investment next door is not yet fully priced into comparable sales.
Replacement cost ceiling: A custom $5–8M estate on this lot is achievable and supportable by comparable new builds in this corridor. The land itself provides the investment floor.
Rarity premium: The last comparable Gulf-front lot transacted nearly four years ago. Scarcity, not sentiment, commands the premium over the $4.4M offer on the table.
Price History & Positioning
Original List $6.75M
Current MLS $5.995M
Recent Offer $4.4M
Seller Floor $4.8M
Refreshed Ask $5.25M
The gap between the most recent offer ($4.4M) and seller's floor ($4.8M) is $400K — a delta that the right buyer, who understands the lot's long-term value and the Carlouel catalyst, should close with ease. The refreshed $5.25M ask reflects both the asset's rarity and room to negotiate to a number all parties can celebrate.
North Beach · Clearwater Beach, Florida

The Gulf is waiting.
Is this yours?

A 90-foot Gulf-front lot. Dual water views. The Carlouel rebuild across the street. A seller who built this home with their hands and their heart — and a price that finally reflects what the land is worth.

1058 Eldorado Avenue · Clearwater Beach, FL 33767