1214-1242 Cleveland St, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot86,566 sqft

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About this home

1214-1242 Cleveland St is a home Clearwater. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

We are 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.

The essentials

On market
395 days
Annual tax
$10,240
Flood zone
X · Low risk
Lot
86,566 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$26,115/mo
Down payment (20%)
$884,000
Property taxes
$853/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
86,566 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
395
Flood Zone X
Annual Tax (2024)
$10,240
Parcel #
15-29-15-65268-000-0030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Pinellas
MLS Area
33755 - Clearwater
Lot Size
86,566 sqft

Price history

Date
Event
Price
9/11/2025
Listed for sale
Source: Stellar MLS #TB8426720
$4,420,000

Neighborhood

1214-1242 Cleveland St
Clearwater, FL, 33755 · 33755 - Clearwater

Calculator

Est. monthly payment
$26,115/mo
Principal & interest$23,052
Property taxes$853
Insurance$2,210
Down payment20% · $884,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$4,420,000

Time on market

395 days

Monthly payment

About $26,115/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,240 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byKELLER WILLIAMS TAMPA PROP.Listing agent: Alexander LuckeListing data from Stellar MLS, MLS# TB8426720.

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