We are pleased to present 1214–1242 Cleveland Street, Clearwater, FL 33755 (the "Property"). This rare, nearly 2-acre four-parcel assemblage in the heart of Downtown Clearwater offers a full city block along Cleveland Street plus a stand-alone parking lot to the west — providing scale, flexibility, and redevelopment potential. The property is zoned (D)-Downtown and currently improved with 18,187 SF of mixed-use retail and restaurant space and multiple parking lots, featuring 435 feet of frontage from N Jefferson Ave to N Lincoln Ave. Positioned steps from the new Clearwater Gardens housing community and near major projects such as the Bluff Apartments, Harborview Hotel, new City Hall, and the PSTA Transit Station, the site stands as a true generational redevelopment opportunity in Clearwater’s urban core.
1214-1242 CLEVELAND STREET, Clearwater, FL, 33755
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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