831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

Description of 831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

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.

Property Details for 831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Thermostat

Appliances

Range, Refrigerator

Flooring

Ceramic Tile

Heating

Central

Cooling

Central Air

Furnished

Unfurnished

Pool Private

No

Direction Faces

North

Building Information for 831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

Building Area Total

1276

Building Area Units

Square Feet

Association

No

Property Information for 831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

Lot Size Square Feet

10,563

Waterfront

No

View

No

Construction Materials

Block

Roof

Shingle

Exterior Features

Rain Gutters, Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 831 GRAND CENTRAL STREET, CLEARWATER, FL 33756

Parcel Number

212915580680100030

Tax Annual Amount

$3,975

Tax Year

2025

Tax Legal Description

MILTON PARK BLK 10, LOT 3 & W 1/2 OF LOT 2 LYING IN SEC 22

County Or Parish

Pinellas

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