833 Wyatt St, Clearwater, FL 33756-1146
This exceptional 35,348-square-foot property presents a rare investment opportunity in Clearwater, Florida. Situated on an expansive 8-acre campus at the intersection of Wyatt Street and South Martin Luther King Jr. Avenue, this special-purpose property boasts two single-story buildings. Originally constructed in 1975 and extensively renovated in 2020, including a new roof installed in 2021, the property offers significant potential for redevelopment. Currently zoned for institutional use, this infill development site is ideally located within the Clearwater Largo Road Redevelopment District, benefitting from proposed expansion plans. The flexible zoning allows for a wide range of community-serving uses. The asking price is $8,000,000, translating to $226.32 per square foot. This prime location in Pinellas County, Florida (zip code 33756), offers unparalleled access to the vibrant Tampa Bay area. The property's size and strategic location make it an attractive proposition for developers and investors seeking a high-impact project with substantial upside. This is a unique chance to acquire a substantial property with a rich history and a bright future.
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American Collegiate Preparatory High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.