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$4,420,000

1214-1242 CLEVELAND STREET, CLEARWATER, FL 33755

3D Tour
Active385 days on market

Beds

—

Baths

0

Sq Ft

—

Year Built

—

Lot Size

1.99 acres

Garage

—

About This Property

We are 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 now offers a fully cleared development site spanning a full city block along Cleveland Street, plus a stand-alone parking lot to the west — providing scale, flexibility, and immediate redevelopment potential. The property is zoned (D)-Downtown and features 435 feet of frontage from N Jefferson Ave to N Lincoln Ave. All existing retail improvements have been removed, allowing a developer to move forward without demolition risk or delay. Positioned steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, the PSTA Transit Station, and the Cleveland Street Alliance’s planned entertainment and cinema destination, the site stands as a true generational redevelopment opportunity in Clearwater’s urban core. The completed demolition further streamlines execution and enhances the property’s appeal to multifamily, hotel, or mixed-use developers seeking a shovel-ready infill opportunity.

Property Overview

Property TypeLand
MLS #TB8426720
StatusActive
FacesSouth
CountyPinellas
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size1.99 acres (86,566 sq ft)
Lot Dimensions435 x 199
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$4,420,000
Annual Taxes$10,240 (2024)
FinancingCash
ZoningD
Parcel #152915652680000030

Directions

Heading east on Cleveland Street, the property is the entire block on the north side of the road between N Jefferson Ave & N Lincoln Ave.

Location

1214-1242 CLEVELAND STREET, CLEARWATER, FL 33755

Listing Information

OfficeKELLER WILLIAMS TAMPA PROP.
ListedSeptember 11, 2025

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Home Price

$4,420,000

20% ($884,000)
6.75%

Loan Term

Principal & Interest$22,934
Property Tax (est.)$4,052
Insurance (est.)$150
Total Monthly$27,136
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 5, 2026.

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