Waterfront Estate Overlooking Clearwater Harbor To Be Auctioned

CLEARWATER, FL — A 5,721-square-foot estate overlooking Clearwater Harbor will go to the highest bidder when it is auctioned on Jan. 28 at 11 a.m. without a reserve.

Elite Auctions, specializing in luxury real estate and yacht auctions and marketing, and a licensed Florida real estate brokerage, will auction the home at 42 Midway Island, built in 2002 and featuring four bedrooms, four bathrooms, an elevator serving all three levels, a gas-heated pool and a covered 10,000-pound boat lift.

Located on Island Estates, one of two man-made islands lying just north of the State Road 60/Clearwater Memorial Causeway bridge, the property offers direct Gulf access for the boater, is just a short golf cart ride to the Clearwater Marine Aquarium and only minutes to the beach.

The property is owned by a local entrepreneur and business owner, Katie Kaffai, founder and owner of the Living Young Center for Health & Anti-Aging, and her husband, Dr. Ernest McDowell, an orthodontist practicing in the St. Petersburg area since 1987.

“This is one of those amazing properties that truly sells itself," said Randy Haddaway, founder and CEO of Elite Auctions. "For one, the location is perfect. For a boater, there’s nothing better than a deep channel, navigable at all tides, and direct Gulf access here, with two fixed-bridges between you and deep water, and both of them with a 74-foot vertical clearance in case you’re a sailor. Near the beach, the airport, pro sports galore ... and the home itself is
incredible.”

Haddaway added that any potential buyer of luxury waterfront real estate looking for “that rare alignment of location, build quality, square footage and, above all, availability, on Florida’s Gulf Coast, should look seriously and with haste at 42 Midway Island because it won’t be
available for long.”

Melody Hunter, the home’s listing agent with Charles Rutenberg Realty, described the home as “an entertainer’s delight. And you may have seen it in some featured movies or on TV, as there are often requests from movie producers to film movies or commercials in the home. It’s ideal for entertaining guests and/or raising a family in a paradise-like setting.”

According to publicly available real estate listing data sources, the home was recently listed at $3.7 million.

Elite’s president, Tara McLean, calls the property “the kind of luxury waterfront property that everybody comes to Florida looking for; the kind that’s always going to be in high demand because it offers a very popular feature set: Location, boat dock, direct Gulf access, pool, privacy, exclusivity and, of course, the luxurious active outdoor lifestyle that comes with it all.”

42 Midway Island in Island Estates on Clearwater Beach is available for public and private tours on weekends from 1 to 4 p.m. now until the final preview Friday, Jan. 27.

To preregister to bid or to schedule a tour, call 844-94-ELITE or email Bid@EliteAuctions.com.

The auction will be held on the property, with registration beginning at 9 a.m. Remote bids will be accepted by phone. Broker participation is encouraged.