Clearwater Beach retail center listed for $25 million

Pelican Walk, the largest retail center on Clearwater Beach, has been put up for sale with a $25 million price tag.

The two-story, 31-year-old, 38,713-square-foot center at 483 Mandalay Ave., on the barrier island’s main northern thoroughfare, is currently 98% occupied with a tenant mix that includes Hurricane Eddie’s, Clearwater Comedy Club, Hulk Hogan’s Beach Shop and Cigar Paradise.

Pelican Walk, which opened in 1994, is currently owned by Anthony Caruso, who paid $14 million for it in 2018…

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