831 Grand Central Street, Clearwater, FL 33756
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: bill kulaga
Office: agile group realty
MLS#:TB8505654
Source:MFRMLS
Price summary
- Price:$378,500
- Price per sq. ft.:$296.63
About this home
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 per unit per month depends on the final use, condition, rental strategy, and market demand. Inquire for details!
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....
Contact an agent
Home facts
- Year built:1946
- Listing ID #:TB8505654
- Added:54 day(s) ago
- Updated:June 29, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Flooring:Ceramic Tile
- Kitchen Description:Range, Refrigerator
- Living area:1,276 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1946
- Building area:1,276 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Block
- Exterior Features:Fence, Rain Gutters, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$378,500
- Price per sq. ft.:$296.63
- Tax amount:$3,975 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:In Common Area
- Amenities:Cable Available, Electricity Available, Thermostat
- Pool features:Public Pool
New listings near 831 Grand Central Street
- New
$1,500,000Active4 beds 4 baths4,152 sq. ft.1615 Saint Pauls Drive, CLEARWATER, FL 33764
MLS# A4696618Listed by: EXP REALTY, LLC - New
$359,000Active2 beds 1 baths1,560 sq. ft.1428 Pinebrook Drive, CLEARWATER, FL 33755
MLS# TB8520036Listed by: RE/MAX REALTEC GROUP INC - New
$115,000Active1 beds 1 baths585 sq. ft.224 Waverly Way #4, CLEARWATER, FL 33756
MLS# TB8521885Listed by: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - New
$469,000Active2 beds 2 baths1,242 sq. ft.880 Mandalay Avenue #C1214, CLEARWATER BEACH, FL 33767
MLS# TB8524028Listed by: BLUEWATER BROKERAGE LLC - New
$225,000Active2 beds 1 baths754 sq. ft.1500 S Martin Luther King Jr Avenue, CLEARWATER, FL 33756
MLS# TB8524165Listed by: ASSIST 2 SELL BUYERS N SELLERS - New
$799,000Active4 beds 5 baths2,273 sq. ft.1429 Laura Street, CLEARWATER, FL 33755
MLS# TB8524283Listed by: MPGFL TAMPA LLC - New
$499,900Active2 beds 2 baths1,335 sq. ft.644 Island Way #405, CLEARWATER, FL 33767
MLS# TB8521698Listed by: MAGNATE REALTY, LLC - New
$171,300Active2 beds 2 baths853 sq. ft.2936 Lichen Lane #B, CLEARWATER, FL 33760
MLS# TB8521437Listed by: REALTY ONE GROUP ADVANTAGE - New
$295,000Active2 beds 2 baths1,547 sq. ft.2065 Grove Lane, CLEARWATER, FL 33763
MLS# TB8523799Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL - New
$910,000Active2 beds 2 baths1,619 sq. ft.1480 Gulf Boulevard #601, CLEARWATER BEACH, FL 33767
MLS# TB8519822Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL