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$378,500
2 Beds ⋅ 2 Baths ⋅ Milton Park SubDv. ⋅ 33756 Zip Code
Rare Clearwater investment opportunity with multiple exit strategies. Whether you are an investor, builder, or end user looking for land value, rental potential, and future upside, this oversized property offers the flexibility to live, lease, expand, or redevelop in one of Clearwater’s active growth corridors. Situated on an 83’ x 127’ quarter-acre lot with rear alley access, this property is currently configured as a duplex with two 1-bedroom, 1-bath units. The property has no rental history due to owner use, but projected rental potential per unit per month depends on the final use, condition, rental strategy, and market demand. Inquire for details! The real value is in the land, zoning, and flexibility. The property offers potential for duplex, triplex, or fourplex use, giving a future owner several possible paths to increase value: maintain the existing duplex, live in one unit and rent the other, lease both units for income, explore conversion or expansion into a triplex or fourplex, or redevelop the oversized lot with new construction. Buyer should verify zoning, permitted uses, density, rental projections, and redevelopment options with the City of Clearwater. The existing block construction and recent updates — including HVAC, cabinetry, and appliances — allow for continued use while preserving long-term upside. This makes the property especially appealing for buyers who want income potential now with the ability to plan future improvements or redevelopment. Location continues to drive demand. The property is conveniently positioned within a short drive to Clearwater Beach and the Gulf, with easy access to Tampa International Airport, Downtown St. Petersburg, shopping, dining, and major employment corridors. This central location supports strong long-term rental appeal and future resale value. Large lots with this level of flexibility — live-in potential, income-producing use, and redevelopment upside — are becoming increasingly rare in Clearwater. For the buyer looking to control land, create income, and unlock future value, this is a Clearwater opportunity worth serious attention.

831 Grand Central Street, Clearwater
$1,375,000
Milton Park SubDv. ⋅ 33756 Zip Code
Discover an excellent commercial opportunity in the heart of Clearwater. This freestanding building at 1201 S Myrtle Ave offers high visibility along a well-traveled corridor with convenient access to Gulf to Bay Blvd, S Missouri Ave, and major surrounding residential neighborhoods. The property features a functional layout suitable for office, medical, professional services, or retail use, with ample on-site parking and easy ingress/egress from S Myrtle Ave. Located within minutes of Clearwater Plaza, Downtown Clearwater, and Morton Plant Hospital, the site benefits from strong traffic counts and proximity to established commercial and medical corridors. The building is positioned on a sizable lot that provides flexibility for a variety of business operations. This is a versatile space ideal for an owner-user or investor seeking a centrally located Clearwater property with steady consumer and commuter exposure.

1201 S Myrtle Avenue, Clearwater