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1214-1242 Cleveland Street - 2.00 Acres | Cleared | Downtown Clearwater 1.99 Acres of Commercial Land Offered at $6,175,447 CAD in Clearwater, FL 33755



Investment Highlights
- Asking Price: $4,420,000 - Fully Cleared Site
- Three contiguous parcels create a full city block; plus stand-alone parking lot to the west
- Major projects: Cleveland Street Alliance, Clearwater Gardens, Bluff Apartments, Harborview Hotel, new City Hall, and PSTA Transit Station
- Four-parcel assemblage totaling 1.987 acres in Downtown Clearwater
- 435 feet of frontage along Cleveland Street from N Jefferson Ave to N Lincoln Ave
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 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.
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 Facts
| Price | $6,175,447 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.99 AC |
| Property Type | Land | ||
| Zoning | D - Downtown | ||
| Price | $6,175,447 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.99 AC |
| Zoning | D - Downtown |
1 Lot Available
Lot
| Price | $6,175,447 CAD | Lot Size | 1.99 AC |
| Price Per AC | $3,103,239.92 CAD |
| Price | $6,175,447 CAD |
| Price Per AC | $3,103,239.92 CAD |
| Lot Size | 1.99 AC |
Assemblage of (4) parcels totaling 1.987 acres.
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,863,044 CAD | |
| Land Assessment | $1,625,682 CAD | Total Assessment | $3,488,726 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,625,682 CAD
Improvements Assessment
$1,863,044 CAD
Total Assessment
$3,488,726 CAD
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1214-1242 Cleveland Street - 2.00 Acres | Cleared | Downtown Clearwater
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