Generational Redevelopment in Downtown Clearwater

1242 Cleveland Street, Clearwater, FL 33755

Property Information

  • For Sale $4,420,000
  • Property Type Multi-Family
  • Lot Size 1.99 Acre
  • # of Floors 1
  • Date Updated May 15, 2026

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 offers a full city block along Cleveland Street plus a stand-alone parking lot to the west — providing scale, flexibility, and redevelopment potential. The property is zoned (D)-Downtown and currently improved with 18,187 SF of mixed-use retail and restaurant space and multiple parking lots, featuring 435 feet of frontage from N Jefferson Ave to N Lincoln Ave. Positioned steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, and the PSTA Transit Station, the site stands as a true generational redevelopment opportunity in Clearwater’s urban core.

Contacts

Alex Lucke

KW Commercial Tampa Properties

Location

Located at 1242 Cleveland Street, Clearwater, FL 33755, this property is part of the Downtown Clearwater neighborhood and Tampa St Petersburg Clearwater market.

Contact Listing Broker
Alex Lucke

KW Commercial Tampa Properties

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