Rare Clearwater investment opportunity with multiple exit strategies. Whether you are an investor, builder, or end user looking for land value, rental potential, and future upside, this oversized property offers the flexibility to live, lease, expand, or redevelop in one of Clearwater’s active growth corridors.
Situated on an 83’ x 127’… Read More quarter-acre lot with rear alley access, this property is currently configured as a duplex with two 1-bedroom, 1-bath units. The property has no rental history due to owner use, but projected rental potential per unit per month depends on the final use, condition, rental strategy, and market demand. Inquire for details!
The real value is in the land, zoning, and flexibility. The property offers potential for duplex, triplex, or fourplex use, giving a future owner several possible paths to increase value: maintain the existing duplex, live in one unit and rent the other, lease both units for income, explore conversion or expansion into a triplex or fourplex, or redevelop the oversized lot with new construction. Buyer should verify zoning, permitted uses, density, rental projections, and redevelopment options with the City of Clearwater.
The existing block construction and recent updates — including HVAC, cabinetry, and appliances — allow for continued use while preserving long-term upside. This makes the property especially appealing for buyers who want income potential now with the ability to plan future improvements or redevelopment.
Location continues to drive demand. The property is conveniently positioned within a short drive to Clearwater Beach and the Gulf, with easy access to Tampa International Airport, Downtown St. Petersburg, shopping, dining, and major employment corridors. This central location supports strong long-term rental appeal and future resale value.
Large lots with this level of flexibility — live-in potential, income-producing use, and redevelopment upside — are becoming increasingly rare in Clearwater.
For the buyer looking to control land, create income, and unlock future value, this is a Clearwater opportunity worth serious attention. Read Less
Courtesy of AGILE GROUP REALTY 813-569-6294
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
2
Square Ft.
1,276
Lot Size
0.24 Acres
Year Built
1946
MLS Number
TB8505654
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Range, Refrigerator
Building
Built in 1946, Living area: 1276, Living area units: Square Feet, Levels: One, Construction Materials: Block
Cooling
Central Air
Exterior Features
Fence, Rain Gutters, Sidewalk
Floors
Ceramic Tile
Foundation
Slab
Heating
Central
Interior Features
Thermostat
Laundry
Common Area
Lot
0.24 acres, Dimensions: 83x127
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 21-29-15-58068-010-0030, Public Survey Range: 15, Public Survey Section: 21, Annual Amount: $3,975.39, Tax Block: 10, Tax Book Number: 1-69, Legal Description: MILTON PARK BLK 10, LOT 3 & W 1/2 OF LOT 2 LYING IN SEC 22, Lot: 3, Year: 2025
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Connected, Water Source: Public, 2 separate electric meters
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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