1276 S BELCHER Rd, Clearwater, FL 33764

This 4.75-acre approved residential development site is located at 1276 S Belcher Rd in Clearwater. The City of Clearwater has approved plating for a 12-lot single-family subdivision with lot sizes ranging from approximately 5,500 to 9,760 square feet. Construction can be phased by building the first 9 homes while retaining the existing income-producing residence. Removal of the existing home will allow for completion of the final 3 lots. The property currently generates $3,350/month in rental income with a lease in place through October 2026, helping offset holding costs during development of the first 9 homes. Located in a non-flood, non-evacuation zone without an existing HOA, the new owner has control over community design and guidelines. The site features a 3/4-acre pond believed to be spring-fed and connected to Allen’s Creek. The existing home is well-maintained with spacious living areas, large bedrooms, a split floor plan, sunroom, and a separate mother-in-law suite, enhancing its rental appeal. The location offers access to SR 60 and US-19, providing access to Tampa, St. Petersburg, and major employment hubs. St. Pete-Clearwater International Airport is approximately 6 miles away, with Tampa International Airport about 20 minutes away, and shopping, dining, beaches, and daily conveniences nearby. The location has a bike score of 70, making it very bikeable, a walk score of 73, making it very walkable, and a transit score of 33, indicating some transit options.