INNOVATE Real Estate
Rendering - 504 S MYRTLE AVE, CLEARWATER
Re4ndering - 504 S MYRTLE AVE, CLEARWATER
Rendering - 504 S MYRTLE AVE, CLEARWATER
Lines are approximate - 504 S MYRTLE AVE, CLEARWATER
Myrtle front - 504 S MYRTLE AVE, CLEARWATER
Chestnut entrance - 504 S MYRTLE AVE, CLEARWATER
Aerial - 504 S MYRTLE AVE, CLEARWATER
7 photos

$4,000,000

504 S MYRTLE AVE
CLEARWATER, FL 33756
Listed by Georgette Gillis · VIEWPOINT REALTY INTERNATIONAL
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Clearwater Opportunity zone. Over 1/2 acre - 2 parcels with entrances on S Myrtle and an entrance on Chestnut. Build up 40 units. City approved architectural plans availble. Plans are for 40 unit apartment complex with covered parking. Close to downtown Clearwater, Baycare Sound Amphitheater and Pinellas Trail. Short drive to the beaches.

Property details

MLS #
MFRTB8437930
Property type
Land
Subdivision
MAGNOLIA PARK
Status
Active
Days on market
177
On market date
October 15, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.54 acres

Location

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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
0.8 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
2.12 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
2.43 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).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks15
Schools13
Transit stops20
Pharmacies13

Market position

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

On the market 177 days -- 69 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.

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Est. monthly payment
$24,238/mo
$800,000 down
$3,200,000 loan
Principal & interest$20,755
Property tax (est.)$3,333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 10, 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.