Description
Under contract-accepting backup offers. Exceptional infill development opportunity in the heart of Clearwater. Located at 1510 S Michigan Avenue, this property consists of two platted lots (Lots 5 & 6) totaling approximately 10,380 SF (0.24 acres) and is zoned LMDR (Low-Medium Density Residential). The existing structure is considered a teardown, offering a clean slate for redevelopment. Seller has confirmed with the City that the parcel can be subdivided, allowing for the construction of two separate residential homes, making this an ideal opportunity for builders, developers, or investors seeking a dual-build project in an established neighborhood. The property is situated in Flood Zone X, features public water and public sewer, and benefits from 100’ of frontage with a depth of approximately 104’, providing favorable lot dimensions for new construction. Conveniently located near downtown Clearwater, major roadways, schools, and employment centers, this site offers strong resale or rental potential in a supply-constrained submarket with continued demand for new housing. Sold as-is for land value. Buyer to verify all development plans, zoning requirements, and building parameters with the City of Clearwater.
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2BEDS
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0.24ACRES
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1BATHS
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01/2 BATHS
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1,108SQFT
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$181$/SQFT
School Information
Description
Under contract-accepting backup offers. Exceptional infill development opportunity in the heart of Clearwater. Located at 1510 S Michigan Avenue, this property consists of two platted lots (Lots 5 & 6) totaling approximately 10,380 SF (0.24 acres) and is zoned LMDR (Low-Medium Density Residential). The existing structure is considered a teardown, offering a clean slate for redevelopment. Seller has confirmed with the City that the parcel can be subdivided, allowing for the construction of two separate residential homes, making this an ideal opportunity for builders, developers, or investors seeking a dual-build project in an established neighborhood. The property is situated in Flood Zone X, features public water and public sewer, and benefits from 100’ of frontage with a depth of approximately 104’, providing favorable lot dimensions for new construction. Conveniently located near downtown Clearwater, major roadways, schools, and employment centers, this site offers strong resale or rental potential in a supply-constrained submarket with continued demand for new housing. Sold as-is for land value. Buyer to verify all development plans, zoning requirements, and building parameters with the City of Clearwater.
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