Refine Search
Sort by
$290,000
3 Beds 2 Baths Milton Park SubDv. 33756 Zip Code TB8537103 MLS Active Status
Short Sale. Investor special with outstanding potential! This renovation project is ready for the next owner to bring it across the finish line. Major improvements have already been completed, including a 2012 roof, a 2022 A/C system, tankless water heater, one beautifully tiled shower, newer ceiling fans and light fixtures, and numerous plumbing and electrical updates. Interior walls have already been framed and drywalled, and much of the plumbing for a third bathroom is already in place. The kitchen has been removed, leaving the space prepared for the next owner to install cabinets and finishes of their choice. Complete the remaining texture, paint, flooring, kitchen, and finish work to unlock this property's full potential. Located on a quiet street near Druid Road and Alternate 19, the new owners can enjoy convenient access to Downtown Clearwater, Clearwater Beach, shopping, restaurants, parks, hospitals, and major roadways. The property also features an inside laundry room, a private irrigation well, a storage shed, a fenced backyard, and exceptional off-street parking with room for multiple vehicles. Whether you're looking for your next flip, rental property, or renovation project, this is an opportunity worth seeing. Cash buyers only. Sale subject to lender approval.

908 Grand Central Street, Clearwater

$378,500
2 Beds 2 Baths Milton Park SubDv. 33756 Zip Code TB8536484 MLS Active Status
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’ 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 is estimated at approximately $2,500 per unit per month, depending on final use, condition, rental strategy, and market demand. 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.

831 Grand Central Street, Clearwater

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,