$4,420,000
1214-1242 Cleveland Street
Clearwater, FL 33755
Listing updated: June 1, 2026 at 6:01 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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.
Local Insight
At $51 per square foot for nearly two acres in Clearwater with no flood zone designation, you're looking at raw land in an area where per-square-foot pricing often runs higher—the value proposition depends heavily on what you plan to do with it and whether the zoning allows your intended use. The lack of HOA is a plus for development flexibility, but you'll want to verify what's actually buildable here, since commercial parcels in this price range sometimes come with significant entitlement challenges or infrastructure costs that aren't obvious from the listing alone.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history263 days on market
- Status: ActiveSep 11, 2025
- Listed$4,420,000Sep 11, 2025
- Price increased$4,420,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 263
- County
- Pinellas
- Price/sq ft
- $51
- Lot size
- 86,566 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Annual taxes
- $10,240 (2024)
- Parcel #
- 15-29-15-65268-000-0030
- Zoning
- D
- MLS #
- TB8426720
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Interior Details
- Direction faces
- South
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2025-09-11
- On market date
- 2025-09-11
- Original list price
- $4,420,000
- MLS area
- 33755 - Clearwater
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-09-11
- Tax legal description
- PADGETT, R.H. LOTS 20-22 SUB LOT 3 & S 11FT OF LOT 2 & E 59FT OF LOT 4
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 1, 2026 at 6:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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