Clearwater Beach parcel next to luxury development up for sale

A piece of commercial waterfront land on Clearwater Beach is up for sale. 

The piece of property is a 0.49-acre parcel right off of Causeway Boulevard facing Mandalay Channel and looking east toward Island Estates and downtown Clearwater beyond it. It is a few blocks from the actual beach and next door to the 91-room CW Resort under construction. 

According to the listing, the asking price for the parcel at 403 E. Shore Dr. is $2.99 million. It was originally marketed at $5.2 million.