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    1214-1242 Cleveland St Clearwater, FL 33755

    For Sale
    $4,420,000

    Land - CLEARWATER, FL

    Lot size:
    1.99 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 1214-1242 Cleveland St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D
    APN
    15-29-15-65268-000-0030
    Lot size
    1.99 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Tampa Properties (813) 264-7754 [email protected]

    Listing agent Alexander Lucke (813) 264-7754 License #3351552

    Listing date Sep 11, 2025

    MLS# TB8426720 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Clearwater Redevelopment Opportunity

    This offering features a nearly 2-acre assemblage of four parcels in Downtown Clearwater, Florida. The property, located at 1214–1242 Cleveland Street, comprises a full city block along Cleveland Street, complemented by a stand-alone parking lot. The site is improved with 18,187 square feet of mixed-use retail and restaurant space, along with multiple parking lots. It features 435 feet of frontage from N Jefferson Ave to N Lincoln Ave. Zoned (D)-Downtown, the property presents a generational redevelopment opportunity in Clearwater’s urban core. Its location is steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, and the PSTA Transit Station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.785842
    Latitude
    27.965934

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    FAQs

    What type of property is this?
    Retail space - Rare 2-acre assemblage in Downtown Clearwater with redevelopment potential.
    Where is this retail space located?
    The property is located at 1214-1242 Cleveland St Clearwater, FL.
    What is the asking price?
    The asking price for this property is $4,420,000.
    What are key features of this property?
    This property features: - Rare, nearly 2-acre four-parcel assemblage in Downtown Clearwater.; - Zoned (D)-Downtown, offering redevelopment potential.; - **435 feet of frontage on Cleveland Street** from N Jefferson Ave to N Lincoln Ave.
    (813) 264-7754
    Request Owner's contact information
    1214-1242 Cleveland St Clearwater, FL 33755
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    Clearwater, FL 33755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1214-1242 Cleveland St Clearwater, FL 33755
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