1463 Gulf To Bay Boulevard, Clearwater, FL 33755

$1,200,000
12,089
SqFt

Property Description

This two parcel commercial tract is located near downtown Clearwater. The site can be renovated and leased or demolished and cleared for a more intense mixed use development. Interviews with City of Clearwater reveal the user can build between 30 and 50 MF Apartment units on the two parcels with office or retail underneath. Presently, the owner is operating out of the commercial portion and receiving rent from the efficiencies on premise. The tract has frontage along three streets (Gulf To Bay, De Leon Street, and San Remo Avenue). Quick access to the courthouse and downtown Clearwater this site is excellent for future MF Apartments or remodeling and use as a professional office. Most likely the highest and best use is for redevelopment; however, you have options. City of Clearwater is upgrading the drainage along Gulf To Bay but it should be completed in the next few months. There is a small wooded area just to the southeast that will become a small park for the City of Clearwater.

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Listing courtesy of SENTRY RESIDENTIAL.