Prime 0.54 acre development site located within a Clearwater Opportunity Zone. This offering consists of two parcels with access from S Myrtle and an additional entrance from Chestnut, providing flexible site planning and strong accessibility.
City approved architectural plans are available for a 40 unit apartment complex with covered parking, allowing developers to move forward with a well defined multifamily project. The property’s zoning supports both commercial and residential uses, offering additional flexibility for future planning.
Ideally positioned close to Downtown Clearwater, Baycare Sound Amphitheater, and the Pinellas Trail, the site benefits from strong residential demand, entertainment venues, and convenient access to area beaches. This location continues to see redevelopment and investment activity, enhancing long term value potential.
This is a rare opportunity to acquire a shovel ready multifamily development site in a growing Clearwater corridor.
