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1214-1242 Cleveland Street - Generational Redevelopment in Clearwater, FL 1.99 Acres of Commercial Land Offered at $4,420,000 in Clearwater, FL 33755
INVESTMENT HIGHLIGHTS
- Asking Price: $4,420,000
- Three contiguous parcels create a full city block; plus stand-alone parking lot to the west
- 435 feet of frontage along Cleveland Street from N Jefferson Ave to N Lincoln Ave
- Four-parcel assemblage totaling 1.987 acres in Downtown Clearwater
- Improved with 18,187 SF of mixed-use retail & restaurant space with multiple parking lots
- Surrounded by major projects: Clearwater Gardens, Bluff Apartments, Harborview Hotel, new City Hall, and PSTA Transit Station
EXECUTIVE SUMMARY
KW Commercial Tampa Properties is pleased to present 1214–1242 Cleveland Street, Clearwater, FL 33755 (the "Property"). This rare, nearly 2-acre four-parcel assemblage in the heart of Downtown Clearwater offers a full city block along Cleveland Street plus a stand-alone parking lot to the west — providing scale, flexibility, and redevelopment potential. The property is zoned (D)-Downtown and currently improved with 18,187 SF of mixed-use retail and restaurant space and multiple parking lots, featuring 435 feet of frontage from N Jefferson Ave to N Lincoln Ave.
Positioned steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, and the PSTA Transit Station, the site stands as a true generational redevelopment opportunity in Clearwater’s urban core.
Positioned steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, and the PSTA Transit Station, the site stands as a true generational redevelopment opportunity in Clearwater’s urban core.
PROPERTY FACTS
| Price | $4,420,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.99 AC |
| Property Type | Land | ||
| Zoning | Downtown (D) | ||
| Price | $4,420,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.99 AC |
| Zoning | Downtown (D) |
1 LOT AVAILABLE
Lot
| Price | $4,420,000 | Lot Size | 1.99 AC |
| Price Per AC | $2,221,105.53 |
| Price | $4,420,000 |
| Price Per AC | $2,221,105.53 |
| Lot Size | 1.99 AC |
Assemblage of (4) parcels totaling 1.987 acres.
DESCRIPTION
The property is currently improved with 18,187 SF of mixed-use retail and restaurant space and multiple parking lots, featuring 435 feet of frontage from N Jefferson Ave to N Lincoln Ave.
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,273,243 | |
| Land Assessment | $1,237,199 | Total Assessment | $2,510,442 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,237,199
Improvements Assessment
$1,273,243
Total Assessment
$2,510,442
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1214-1242 Cleveland Street - Generational Redevelopment in Clearwater, FL
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