Land at 1214-1242 CLEVELAND ST, CLEARWATER
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 2 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 3 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 4 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 5 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 6 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 7 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 8 of 9
Land at 1214-1242 CLEVELAND ST, CLEARWATER, photo 9 of 9
9 photos

$4,420,000

1214-1242 CLEVELAND ST
CLEARWATER, FL 33755
Listed by KELLER WILLIAMS TAMPA PROPERTIES
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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 details

MLS #
MFRTB8426720
Property type
Land
Subdivision
N/A
Status
Active
Days on market
334
On market date
September 11, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.99 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
BELLEAIR ELEMENTARY SCHOOL
1.06 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
477
Student:teacher ratio
13.3:1
District
PINELLAS
Middle
CLEARWATER FUNDAMENTAL MIDDLE SCHOOL
1.38 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
761
Student:teacher ratio
20.0:1
District
PINELLAS
High
CLEARWATER HIGH SCHOOL
1.86 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,563
Student:teacher ratio
20.3:1
District
PINELLAS

Walkability

Blended score for CLEARWATER's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores15
Parks10
Schools13
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in CLEARWATER, from live MLS data.

On the market 334 days -- 226 more days than CLEARWATER's current average of 108 days.
For reference, the median list price across 1,833 active listings in CLEARWATER right now is $224,800.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$26,768/mo
$884,000 down
$3,536,000 loan
Principal & interest$22,934
Property tax (est.)$3,683
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 11, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.