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33236671
33236672

1214-1242 Cleveland St, Clearwater, FL 33755

AL
FL SL3351552
KW Commercial NW Tampa
Listed by KW Commercial NW Tampa
$4,420,000
283 days on market
Updated 13 days ago

Cleveland Street Redevelopment in Clearwater, FL

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type Apartment Building, Commercial
Acreage 1.987
Zoning D
Investment Type Redevelopment
Ground Lease No

Full City Block | 1.987 Acres MOL

Marketing description

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.

Investment highlights

  • Asking Price: $4,420,000

  • Four-parcel assemblage totaling 1.987 acres in Downtown Clearwater

  • Three contiguous parcels create a full city block; plus stand-alone parking lot to the west

  • 435 feet of frontage along Cleveland Street from N Jefferson Ave to N Lincoln Ave

  • Surrounded by major projects: Cleveland Street Alliance, Clearwater Gardens, Bluff Apartments, Harborview Hotel, new City Hall, and PSTA Transit Station

Listing Contacts

AL
FL SL3351552
KW Commercial NW Tampa
Listed by KW Commercial NW Tampa

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Zoning

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D CommercialCore CommercialDowntown
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Alex Lucke, CCIM
License
SL3351552
Brokerage
KW Commercial Tampa Properties
Brokerage Phone
727-410-2896
Title
KW Commercial Tampa Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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