USAFLClearwaterMilton Park831 Grand Central St

New

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$420,500

For Sale

11 hours ago

831 Grand Central St, Clearwater, FL

House

MLS® TB8505654

2 Bed

2 Bath

1276 sqft

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 1276 sqft

Garage

Taxes $3,975

Days Active 0

Lot Size

Approx. Age 1946

Avg. Price Per Sqft $329

MLS® Number TB8505654

Property Address: 831 Grand Central St, CLEARWATER, FL, 33756-3413

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberTB8505654

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1946

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 6, 2026List Date

$420,500List Price

Home Appraisal

This property is estimated to sell between: $420,000 and $446,000.

Similar properties in this area sold on average for: $437,000

Expected to sell in 103 days. Similar properties sold in 103 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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