Cleared Redevelopment Site in Downtown Clearwater

For Sale

1242 Cleveland Street, Clearwater, FL 33755

This Clearwater property for sale is located at 1242 Cleveland Street. The current listed sale price for Cleared Redevelopment Site in Downtown Clearwater is $4,420,000. Cleared Redevelopment Site in Downtown Clearwater is situated on a lot that is 1.99 acre in size.

Contacts

Alex Lucke

KW Commercial Tampa Properties

Property Details

  • Property Type Multi-Family
  • Lot Size 1.99 Acre
  • # of Floors 1
  • Date Updated Aug 11, 2026

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.

 

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Location

  • City Clearwater, FL
  • Neighborhood Downtown Clearwater
  • Zip Code 33755
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Chevron

    0.66 miles

  • Rebel #835

    0.95 miles

  • Sunoco

    1.27 miles

  • Citgo

    1.93 miles

  • Live Greener with Gas

    1.99 miles

  • SuperGas

    2.01 miles

  • Mobil

    2.03 miles

  • Clipper Creek

    2.13 miles

  • BP

    2.17 miles

  • Shell

    2.20 miles

  • Franklin St Flag Parking

    0.75 miles

  • Garden Avenue Parking Garage

    0.82 miles

  • Jeffords Team Member Parking (Lot A)

    1.09 miles

  • PTAK Pavillion Parking Garage

    1.26 miles

  • Attic Team Member Parking (Lot B)

    1.31 miles

  • Valet Parking

    1.37 miles

  • Patient/Visitor Parking Garage

    1.39 miles

  • Maintenance Parking Lot

    1.41 miles

  • Visitor Parking

    1.45 miles

  • Patio Palms of Clearwater

    0.14 miles

  • Regal Motel

    0.21 miles

  • Cimy's Motel

    0.34 miles

  • The Yachtsman

    0.39 miles

  • Hillcrest Motel

    0.39 miles

  • Residence Inn Clearwater Downtown

    0.54 miles

  • Hilltop Motel

    0.59 miles

  • The Fort Harrison Hotel

    0.90 miles

  • Sandcastle Hotel

    1.03 miles

  • The Floridian Inn

    1.05 miles

  • Publix

    0.93 miles

  • Rainbow Food

    1.18 miles

  • Walmart Neighborhood Market

    1.63 miles

  • ALDI

    2.35 miles

  • Island Market

    2.43 miles

  • Big Lots

    2.86 miles

  • CGX

    3.19 miles

  • Marshalls

    3.51 miles

  • Bealls Outlet

    3.59 miles

  • Shopping Plaza

    3.64 miles

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